MarketWatchOil prices turn lower as focus returns to oversupplyMarketWatch“Crude oil remain in a very fragile state. The rally yesterday was primarily driven by short-covering with falling product inventories being used as the explanation,” said Ole Hansen …

Eni hits oil in first offshore Mexico wellFinancial TimesThe Amoca-2 well, in the shallow waters of the Bay of Campeche in southeast Mexico, “confirmed the presence of 18° API oil [light oil] in the shallower formations, while the newly discovered deeper s …

ReutersAs Trump targets energy rules, oil companies downplay their impactReutersBut the top U.S. oil and gas companies have been telling their shareholders that regulations have little impact on their business, according to a Reuters review of U.S. securit …

ReutersBig Oil revels in Trump victory, expects less red tapeReutersThe U.S. energy industry on Wednesday reveled in Republican Donald Trump's presidential victory, expecting him to be a strong advocate for more oil and gas output and to cut red tape t …