Oil logs 9% weekly rise — biggest since late 2016; refinery fire jolts gasoline futures  MarketWatchOil futures gain on Friday, with U.S. prices tallying a rise of almost 9% for the week and highest settlement this month, while gasoline futures r …

Russia will help Iran with oil if payment channel not launched: Ryabkov  ReutersRussia is ready to help Iran with oil exports and its banking sector if the Instex European payment system is not launched, Interfax news agency cited Russian ... Rea …

Oil shifts higher on Middle East tension and US refinery fire  Financial TimesOil jumped on Friday as a fire at a major US refinery added to traders' jitters in a market already on edge as geopolitical tensions flare in the Middle East. Read more …

Oil in floating storage hit near two-year high in May - Vortexa data  Yahoo FinanceCrude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as U.S. sanctions against Venezuela and Iran ... …

Business forum: Making a case for Canada's oil sands  Star TribuneThe recent Business Forum article by Winona LaDuke contained a variety of misleading and untrue statements. First, the correct term is “oil sands” not “tar sands ... Read more http …

U.S. oil prices score biggest gain of the year on worries of a deepening U.S.-Iran conflict  MarketWatchOil futures rally Thursday, with U.S. prices scoring their highest settlement this month and posting their biggest one-day gain so far this ye …

IBM Claims No. 1 Commercial Supercomputer with Total Oil & Gas System  HPCwireIBM can now boast not only the two most powerful supercomputers in the world, it also has claimed the top spot for a supercomputer used in a commercial. Read more http …

Oil jumps 5% on Iran tension, potential U.S. fed rate cut  NasdaqU.S. drone shot down by Iranian missile- U.S. official. *Fed sees case building for interest rate cuts this year. *Earlier reports from Iran said. Read more https://www.nasdaq.com/a …

Oil prices jump amid fresh Iran tensions, falling U.S. supply, stock-market gains  MarketWatchUS oil settles down 0.3% at $53.76 as Fed keeps rates unchanged  CNBCOPEC Farce Sees Yet Another Oil Ministers' Meeting Postponed  F …

What Were Processing Spreads Telling Us About Crude Oil?  Seeking AlphaThe correction in oil leads to consolidation near the recent bottom. Bullish and bearish factors at play in the oil market. Signs of stability in gasoline price. Read more htt …