AlterNetWave Of Profit-Taking Keeps Oil From Breaking OutOilPrice.comForty-one years to the day after the birth of chef Jamie Oliver, and the recent rally in oil is looking a wee bit overcooked, after having a nibble at the $50 mark. Dollar strength return …

Hercules Offshore to File for Chapter 11 Again, Hit by Oil Price SlumpWall Street JournalLast year, Hercules seemed to be taking a proactive approach to its finances, filing for bankruptcy in August, relatively early in the oil and gas downturn, after stri …

Wall Street JournalFMC Technologies, Technip Agree to $13 Billion Oil-Services MergerWall Street JournalPARIS--FMC Technologies and French oil-services rival Technip Thursday said they will merge in a $13 billion deal, a sign of accelerating consolidation …

Business InsiderOil's recent outperformance can be traced back to one thingBusiness Insider"The recent divergence can probably be explained by wildfires in Canada and pipeline bombings in Nigeria, which have knocked over 1.5 million barrels per da …

USA TODAYStocks open higher as oil rallies to $47 a barrel ongoing questions about consumerUSA TODAYWall Street, still smarting over weak retail earnings that raised questions about the health of U.S. consumers, is pushing stocks higher Thursday amid a reb …

Wall Street JournalShell Plans Oil-Asset Sale in Gabon, Says PresidentWall Street JournalIn an interview in Kigali, Rwanda, Gabon's President Ali Bongo said Shell was pulling out of the onshore oil developments as part of a move to trim overhead amid a …

Wall Street JournalOil's Rise Greases StocksWall Street JournalOil companies seeking cash have found a well that keeps producing: the stock market. Callon Petroleum Co. CPE 12.11 % , a small oil producer, has sold new shares three times in the past six …

Wall Street JournalOil Firms Hit Pay DirtWall Street JournalFollow-on deals, in which already-public companies sell new stock, have boomed since oil prices started to plunge in late 2014, as companies have sought cash to pay down debt, keep rigs drilling a …

USA TODAYAs oil goes, so goes the S&P 500USA TODAYIt's back! The correlation, that is, between oil prices and the direction of the U.S. stock market. Oil prices, which had been sliding recently, dragging stocks down with it, soared more than 5% Wed …

Wall Street JournalOil Rally Fades, Sending Global Stocks LowerWall Street JournalEarlier Thursday, European markets inched up following an unexpected decline in U.S. crude stockpiles Wednesday that pushed Brent crude sharply higher. The higher oil price h …