Financial TimesBASF and DEA agree multibillion oil and gas mergerFinancial TimesBASF, the German chemicals group, has agreed to merge its Wintershall energy unit with rival DEA in a multibillion-euro deal to create one of Europe's largest independent o …

BloombergCrude Oil Inches Back Up Amid Dearth of Negative Data PointsBloombergThe bad news bears took a deep breath on a day when there was no price-rattling data to shake them up and oil recovered a bit as a result. A day after fears over mounting U.S. fu …

Weekly Heating Oil Prices | Seeking AlphaSeeking AlphaBy Jill Mislinski We've used data based on the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 stat.and more » Read more http://news.g …

BloombergLibya to Keep Oil Flow Stable in Line With OPEC DealBloombergOutput in Libya -- where oil fields have endured sporadic shutdowns and disruptions due to protests, power blackouts and security issues -- rose to about 1 million barrels a day this yea …

BloombergOil Dips Toward $57 on Signs US Gasoline Stockpiles ExpandedBloombergOil slid toward $57 a barrel after industry data showed U.S. gasoline stockpiles expanded for the first time in four weeks. Futures dropped 0.6 percent in New York after rising 0 …

Edmonton SunEdmonton Oil Kings counting on Teddy Bears to end losing skidEdmonton SunBowman's goal wasn't enough to earn the Oil Kings a victory that night, losing 3-2 to the Kamloops Blazers, but it brought nearly 14,000 stuffed toys down to the i …

Oil services joint venture gets green lightHouston ChronicleThe deal is expected to relieve the debt burden of financially struggling Weatherford. That company, which is a distant fourth in the energy services industry behind Schlumberger, Halliburton and …

OPEC Extension Sends Oil Prices SoaringOilPrice.comLong-dated oil futures are more volatile than is justified, according to a research note from Goldman Sachs. The investment bank said that assurances from OPEC that the group will respond to market conditi …

Seeking AlphaA Million-Dollar Puzzle Every Oil Investor Wants To SolveSeeking AlphaSummary. U.S. oil production grew 290,000 barrels per day sequentially in September. While the Permian is leading, the increase occurred across the board. Annual growth at a …

BloombergMIT Study Suggests US Vastly Overstates Oil Output ForecastsBloombergExtrapolating from field studies Montgomery and his colleague Francis O'Sullivan conducted in North Dakota's Bakken shale deposit, the research suggests that total U.S. o …