MarketWatchOil stretches losing streak to a fifth sessionMarketWatchOil extended its losing streak to a fifth session on Thursday, with prices for the U.S. benchmark ending at the lowest in five weeks, a day after data showed record weekly U.S. crude outpu …

India To Boost Oil Refining Capacity By 77%OilPrice.comIndia plans to increase its crude oil refining capacity by 77 percent to 438.65 million tons, or more than 8 million bpd, a government report has revealed. The increase would happen gradually over the …

BloombergAlberta Forest Town Shakes as Frackers Drill for Light OilBloombergOn the other hand, drilling has been so intense near Fox Creek that its been linked to a series of earthquakes. One tremor measured 4.6 in magnitude, one of the two biggest human-i …

BloombergAlberta Forest Town Shakes as Shale Frackers Drill for Light OilBloombergOne tremor measured 4.6 in magnitude, one of the two biggest human-induced seismic event in Canada's history, Honn Kao, research scientist at the Geological Survey of Can …