Weekly Oil Markets Recap - Bullish Q1 Storage Balance ContinuesSeeking AlphaThis week was also a big positive for oil on several fundamental factors. For the first time since early January, we are starting to see signs of physical spreads strengthening. In …

BloombergCrashing Cushing Inventories Boost Oil PricesOilPrice.comOil prices jumped on Thursday after the EIA reported a surprise drawdown in crude oil inventories, ending several consecutive weeks of inventory builds. The report was the most bullish in we …

Yahoo FinanceOil climbs with support from Libyan outage, Saudi commentsYahoo FinanceNEW YORK (Reuters) - Oil prices rose on Friday to their highest in more than two weeks, supported by the shutdown of the El Feel oilfield in Libya and upbeat comments from …

New York Times'A Bomb on the Doorstep': Venezuela Fishermen Fight an Oil GiantNew York TimesAMUAY, Venezuela — The aging fisherman — his sandals sinking into the sand, his optimism unflagging — looked out across the water and took the measure of hi …

Channel NewsAsiaJapan confirms oil from wrecked tanker hitting its beachesChannel NewsAsiaTOKYO: Oil that has washed ashore on several southern Japanese islands is likely from an Iranian tanker that sank in the East China Sea last month, Japan's coastg …

ABC OnlineExxonMobil and BHP withdraw Bass Strait oil assets from sale in major turnaroundABC OnlineBHP and ExxonMobil are holding on to their ageing oil platforms in Bass Strait, off the Victorian coast, just 20 months after putting them on the market. Th …

Sky NewsWhy the world will remain thirsty for oil for decades, according to BPSky NewsThe first, not terribly good news for a major oil producer you might think, is the extent to which renewable energy will increasingly dominate the mix of supply. It will, …

Science DailyOil-eating microbes are challenged in the ArcticScience DailyThis was the case in major oil disasters such as the Exxon Valdez spill in Prince William Sound, Alaska, and the Deepwater Horizon in the Gulf of Mexico. Future spill will be no diff …

MarketWatchOil scores biggest 1-day gain in over a week after Goldman's upbeat market viewMarketWatchOil prices scored their biggest one-day gain in more than a week on Thursday, after Goldman Sachs said the market has likely reached a balance between …

Fox NewsFor Super Bowl, Philadelphia police will use gear oil to grease poles, report saysFox NewsPhiladelphia police prepare for post-Super Bowl reactions with plans to use gooey substance which will ruin clothes to grease poles instead of Crisco. Officia …