The Globe and MailOil prices edge up on North Sea pipeline outage, falling stocksThe Globe and MailOil storage tanks and refining facilities sit at the Esso oil refinery, operated by Exxon Mobil Corp. in Fawley, U.K.. Simon Dawson/Bloomberg. Henning Gloyst …

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 …

The Globe and MailOil rises on threatened Nigeria strike, short coveringThe Globe and MailOil prices climbed more than 1 per cent on Thursday due to a threatened strike in Nigeria and as traders cover shorts after sharp losses the previous day brought on b …

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 …

BBC NewsIs crude oil killing children in Nigeria?BBC NewsThe plastic bottles of homemade petrol she was selling are beaten off their wooden perch by the heavy rain. The smell of petrol rises up from the ground and hangs briefly in the air before being wash …

BloombergHey OPEC, the World's Largest Oil Consumer Needs a Lot Less OilBloombergU.S. oil output is only going up -- last week's production level rose to 9.68 million barrels a day. That level could surpass 9.9 million by next month, according to c …

Chron.comUS demands visits with oil executives jailed in VenezuelaChron.comCARACAS, Venezuela - U.S. diplomats are demanding that Venezuela give them immediate access to jailed oil executives who hold American passports. The State Department said in a stat …

BloombergOil Options Are the Cheapest in Three Years With OPEC Meeting ApproachingBloombergBetting on price swings in oil costs the least in three years before next week's OPEC meeting. Implied volatility of options on second-month West Texas Intermedi …

BloombergOil Flirts With $59 as Russia, OPEC Said to Outline Deal on Cuts ...BloombergOil briefly surpassed $59 a barrel in New York for the first time in two years as OPEC and Russia were said to have crafted the outline of a deal to extend their oil&nbsp …