Financial TimesUS crude oil price hits highest level in 7 monthsFinancial TimesUS crude oil bounced to the highest level in seven months on Tuesday, as traders foresaw a decline in bloated inventories in the world's biggest petroleum consumer. Nymex Ju …

FortuneWells Fargo Cuts Its Oil RiskWall Street Journal (blog)That is when, twice a year, banks rethink the lines of credit that they have extended to oil drillers, weighing factors like the value of collateral. So far this spring, Wells has reduced the cr …

Wall Street JournalCanada's Banks Continue to Face Oil-Price FalloutWall Street JournalCanada's biggest banks begin reporting their fiscal second-quarter earnings this week and lower oil prices are expected to pressure results. Although oil prices …

Financial TimesOil Prices Fluctuate Ahead of US Supply DataWall Street JournalOil prices fluctuated Wednesday ahead of closely watched U.S. supply data, extending recent volatility on the market. Brent crude, the global oil benchmark, reversed earlier loss …

BBC NewsCanada Fort McMurray: Oil sands firms to restart productionBBC NewsOil sands firms in Canada's Alberta province are slowly restarting production after a massive wildfire forced a week-long shut down. Shell Canada and Suncor said they had resume …

Wall Street JournalUS Crude Stockpiles Push Down Oil PricesWall Street JournalLONDON—Oil prices fell Wednesday after an industry group reported a higher-than-expected increase in U.S. crude stockpiles, extending recent volatility on the market. Brent crude …

ReutersExclusive: GE to buy power plant unit of Korea's Doosan EngineeringReutersN) has agreed to buy a unit of South Korea's Doosan Engineering and Construction Co (011160.KS) that produces key components of combined-cycle power plants, the head o …

World's Largest Shipping Company Preparing For Another Oil Price CrashOilPrice.comIt was almost a year ago, when having tumbled in early 2015, oil proceeded to rebound strongly into the summer, where it traded at about $60 for three months, before U.S. …

Wall Street JournalOil-Field-Equipment Makers Need Oil Prices Above $60 a BarrelWall Street JournalSmall and medium-size oil-field-equipment companies attending an energy conference this week in Houston said oil prices need to go much higher before their c …

Financial PostCanada's National Bank to Book Oil Loan-Related ProvisionsWall Street JournalNational Bank of Canada on Thursday said it would book fiscal second-quarter provisions totaling nearly 200 million Canadian dollars ($155 million) for oil-secto …