MarketWatchOil futures settle at their highest levels of the yearMarketWatchOil futures rallied Thursday, with West Texas Intermediate and Brent crude settling at their highest levels of the year as traders fretted over potential supply disruptions in the …

National Review OnlineThe Doomsayers Were Wrong about the BP Oil...National Review OnlineFive years ago this week, a blowout of BP's Deepwater Horizon oil rig 40 miles from the Gulf Coast tragically claimed eleven lives and spilled 3 million barrels of …

The Globe and MailBudget balanced on backs of contingency fund, EI and oilThe Globe and MailThe Conservative government's long-promised return to surplus relies on a series of accounting moves that includes slashing the contingency reserve, assuming oi …

The Globe and Mail (subscription)Canada's Alberta Province Raises Taxes to Cope with Oil Price DropWall Street JournalCALGARY—The energy-rich western Canadian province of Alberta said it would raise taxes and hold the line on expenses even as it expect …

Business InsiderEU targets Syrian middleman it says bought oil from Islamic StateTown HallBRUSSELS (Reuters) - The European Union has imposed sanctions on a Syrian businessman who it says has bought oil for Syria from Islamic State, an al Qaeda offshoot th …

New StatesmanYour petrol bill may fall, but is cheap oil all good news?New StatesmanOil, it goes without saying, is the single most important commodity there is. Quite literally, it greases the wheels of the global economy. It is a commodity that is unequa …

Social Engineering, Etc.National Review Online (blog)Well, Ramesh, if you object to my characterizing the introduction of new distortionary policies to offset the effects of old distortionary policies as “social engineering,” perhaps we could compromise on …

Business InsiderFor Angola, plunging oil price jeopardises budgetBusiness InsiderLuanda (AFP) - With oil prices collapsing over 50 percent in the past six months, Angola -- Africa's second-largest oil producer -- has had to introduce austerity measures …

Will Oil Uncertainty Present an Investing Opportunity?Motley FoolDuring our time in the Emirates, we got to talk with executives in the healthcare, banking, real estate, financial, logistics, oil, and airline industries, and there was a pretty consistent s …

The GuardianWho needs a 'long-term economic plan' when the oil price is falling like this?The GuardianThis is largely the result of the fall in the price level associated with the collapse of the oil price. But to hear the two of them boast, you wo …