ForbesIs The Electric Vehicle A Crude Oil Killer?ForbesBut the 1 million barrel per day (bpd) global increase in biofuel consumption in the past decade was a drop in the bucket compared to the nearly 7 million barrel a day increase in crude oil consumption …

ReutersOil rebound buoys Wall St; bonds, gold erase gainsReuters"As much as it frustrates people, the reality is (oil and equities) are incredibly highly correlated and they have been really going back to November," said Randy Frederick, managing …

ReutersGrowth concern drags global stocks; oil reboundsReutersOIL REBOUNDS. Government data showed U.S. crude oil stockpiles rose by 3.5 million barrels in the United States last week to an all-time peak above 507 million barrels. But gasoline demand over …

ForbesWhy Oil Fell To $30ForbesTo summarize, since 1983, annual global demand for crude oil has only fallen twice; a small decline in 1985 and another decline in 2009 in response to the financial crisis. The growth rate for crude oil has been remarkably co …

ReutersShares fall with oil prices, yen in demandReutersTop-rated government bonds were also in demand as the prospect of persistently low oil prices, which have fallen some 70 percent since mid-2014, raised concerns about weak global economic growth. The …

ReutersAsian shares, oil retreat as Saudi plays down output cutsReutersSaudi Oil Minister Ali Al-Naimi told oil executives on Tuesday that markets should not view the agreement by four major oil producers to freeze output at January levels as a prelude to …

ForbesOne In Seven North Sea Oil Barrels Being Produced 'Below Cost'ForbesThe already grim mood of North Sea oil and gas operators got a shade darker with independent exploration firm First Oil Expro calling in administrators on 22 February, unable …

ReutersGlobal stocks gain as oil jumps; pound falls on EU exit fearsReutersStocks, whose performance has been tightly linked to oil prices as the commodity's slide has deepened, posted solid gains across major markets. "Driving everything has been …

Omokore opens up on oil swap dealsVanguardABUJA— The Chairman of Atlantic Energy Drilling Concepts Nigeria Limited, Mr. Jide Omokore, has reportedly been cooperating with operatives, who are probing him over multi-billion oil swap deals between his firm an …

ReutersAsia shares edge ahead with oil, pound slipsReutersThe calmer mood was aided by oil as Brent crude LCOc1 added 31 cents to $33.32 and U.S. crude CLc1 rose 26 cents to $29.90. Japan's Nikkei .N225 recouped early losses to rise 0.7 percent, buoyed …