Oil Gains as Surprise Drop in U.S. Supplies Shows Tighter Market  Yahoo Finance(Bloomberg) -- Oil prices advanced as a surprise drop in U.S. supplies added to evidence of a tightening global market. Futures in New York rose as much as 1.1 ... Rea …

Oil Slips Near Five-Week Low as Trade Angst Counters Supply Risk  Yahoo Finance(Bloomberg) -- Oil traded near a five-week low as concern over supply losses from Iran to Russia were offset by high American stockpiles and fears that if ... Read mor …

Nigerian Court Dismisses Claim Eni, Petrobras Illegally Sold Oil  BloombergA Nigerian high court dismissed the government's claims that local units of Eni SpA and Petroleo Brasileiro SA illegally exported crude oil to the U.S.. Read more https:// …

Oklahoma ex-oil executive sentenced to 6 years in prison  ABC NewsA former oil company executive in Oklahoma has been sentenced to six years in prison for wire fraud and money laundering. Federal prosecutors say Kevin ... Read more https://abcnew …

South Africa signs oil exploration deal with South Sudan  S&P Global PlattsSouth Africa has signed an agreement to explore oil in South Sudan, which holds the third largest oil reserves in sub Saharan Africa. Read more https://www.spglobal.com/pl …

NewsdayIndictment: Engineering Firm Altered Sandy Damage ReportsABC NewsAn engineering firm that was hired by insurance companies to evaluate damage caused by Superstorm Sandy was charged Monday with illegally altering reports prepared by inspectors in the …

The Latest: Oil Spill Claims Head Testifies in Fraud TrialABC NewsThe head of the 2010 oil spill claims office says he was suspicious when San Antonio attorney Mikal Watts told him he was handling claims from 41,000 fishermen. Kenneth Feinberg was the firs …

Opening Statements Set in Gulf Oil Spill Fraud CaseABC NewsOpening statements are scheduled in a fraud case against a Texas lawyer accused of inflating his client list for Gulf oil spill litigation. Online court records show prosecutors dropped 22 counts o …

Seeking AlphaAn Empirical Model For Oil Prices And Some ImplicationsSeeking AlphaThere are many people reading this blog who are directly affected by oil prices and who have to make decisions based on future oil prices. Having a model to understand the dyn …

MoneyWeekWhat to expect as oil gets dearerMoneyWeekWas that the shortest bear market in history? A few weeks ago the oil price was said to be heading down to $20 a barrel, or even less. The glut of oil would only increase as Iran rejoined the global econom …