Oil slips as sources say API data show a weekly rise in US crude suppliesMarketWatchOil prices slipped in electronic trading Tuesday after the American Petroleum Institute reported a climb of 882,000 barrels in U.S. crude supplies for the week ended May 12 …

Norwegian oil industry shrinks but mainland economy strengthensFinancial TimesOverall gross domestic product increased by 0.2 per cent in the first three months of the year, in line with economist forecasts. However, the “mainland” economy, which excludes …

CNBCHot commodities: The best could be ahead for bouncing oil and silverCNBCThe week kicked off with a solid start for commodities, with both crude oil and silver enjoying gains early in Monday trading. And while both have suffered plunges in the past mont …

Iraq's SOMO, Russia's Litasco set up oil trade firm in Dubai - sourcesReutersDUBAI May 2 Iraq's state-oil marketer SOMO and Russia's Litasco have set up a joint trading company in Dubai to market crude, trading sources said, joining other M …

KNSSKansas City hemp oil shops rise amid unsure regulationsKNSSKANSAS CITY, Mo. (AP) — As Kansas City deals with gray areas in herbal supplements and regulated pharmaceutical medication, the number of shops that sells hemp oil is beginning to rise in the m …

4 Factors Driving Oil Prices This SummerOilPrice.comUncertainty is dominating today's oil markets, with production cuts, ballooning inventories and a rising rig count all adding to oil price volatility. And as the summer driving season approaches and o …

MarketWatchOil ends lower as crude producers fail to ease global supply angstMarketWatchOil prices, however, settled off their worst levels of the session after Mohammed Saleh al-Sada, Qatar's energy minister, speaking at an event in London Monday, sai …

Man who called the oil crush now sees thisCNBCTwo years ago, when oil was trading around $50 a barrel, one hedge fund manager boldly called a 40 percent decline in the commodity, a prediction for which he has come to be known. Oil hit a low of $26.21 in Fe …

The Korea HeraldS-Oil donates W2b to underprivilegedThe Korea HeraldS-Oil donates W2b to underprivileged. Korean oil refiner S-Oil has donated 2 billion won ($1.6 million) to the underprivileged as part of its regular efforts to support those in need, the …

ReutersChina slashes first round of oil products export quotas - sourcesReutersChina issued allowances for a record 46.08 million tonnes of oil products in 2016, up 80 percent from 2015. In the first 11 months of the year, it exported 43 million tonnes of …