Oil suffers worst loss since mid-July, but manages weekly gainMarketWatchOil futures on Friday suffered from their worst one-day loss since mid-July, paring a weekly gain, after a Saudi Arabian delegate reportedly said oil producers aren't likely to ma …

MarketWatchOil traders listen to OPEC talk, wait for actionMarketWatchMembers of OPEC, non-OPEC Russia and other oil producers will meet Sept. 28 on the sidelines of the International Energy Forum in Algeria and it could end just like the summit in Doha di …

Business InsiderOil Plunges As Oil Rig Count Rises To Seven Month HighsOilPrice.comThe domestic oil rig count now stands at 418; this time last year, 641 oil rigs were active. The depleted gas count tells the same story; currently 92 gas rigs are in produc …

ReutersIndia cuts import taxes on wheat, palm oil, refined oilsReutersNEW DELHI India has cut import taxes on wheat, crude palm oil and refined vegetable oils, a finance ministry order showed on Friday, as part of efforts to curb food inflation. New Delhi …

Reuters IndiaIndia cuts import tax on wheat, crude palm oil, refined oilsReuters IndiaThe import duty on crude palm oil and refined edible oils have been reduced to 7.5 and 15 percent respectively, the order posted on a government website, showed. India, t …

ReutersIndia cuts import tax on wheat, crude palm oil, refined oilsReutersThe import duty on crude palm oil and refined edible oils have been reduced to 7.5 and 15 percent respectively, the order posted on a government website, showed. India, the world&#39 …

Wall Street Journal (blog)Food-Price Shocks Outweigh Oil SurgesWall Street Journal (blog)Economists and policy makers scrutinize oil prices because of the commodity's outsize impact on consumer spending, business investment, inflation and overall econo …

Los Angeles TimesOil companies stoke class warfare to stop climate-change legislationLos Angeles TimesTo the editor: The oil industry excels at pitting poor people's concerns against needed climate legislation. (“A big question complicating the climate …

CNBCHere's why olive oil prices are likely to remain stubbornly highCNBCOlive oil is one of the most volatile soft commodities, with prices being driven by supply. Last year, prices skyrocketed due to issues in Spain and Italy, the EU's two largest …

MarketWatchOil futures rally on fresh hopes for a production freezeMarketWatchCrude climbed on Monday on hopes that low prices will drive major oil producers to reconsider a collective production freeze in a bid to boost the market. On the New York Mercant …