ReutersOil loses nearly 4 percent as hopes over Saudi, Russia deal fadeReutersOil prices have fallen by more than 70 percent in the past 20 months, driven down by near-record production both from the Organization of the Petroleum Exporting Countries and ot …

ReutersOil up 3 percent on possible production cuts to remedy glutReutersNEW YORK Oil prices were about 3 percent higher on Thursday after the Russian energy minister said Saudi Arabia had proposed that oil-producing countries trim output, which would be t …

ReutersOil soars toward $34 on possible production cutsReutersAlso supporting the price surge were comments by a senior Gulf OPEC delegate that Gulf countries and Saudi Arabia are willing to cooperate on any action to stabilize the oil market. The market h …

ReutersOil rises toward $34 on chance of production cutReutersLONDON Oil rose toward $34 per barrel on Thursday, hitting a three-week high and bouncing well off a 12-year low set this month, supported by the possibility that major producers may cooperate t …

ReutersOil plumbs new lows below $27 as oversupply woes persistReutersOil has fallen more than 25 percent so far this year, the steepest such slide since the financial crisis, piling more pain on oil drillers and producing nations alike. Yet they keep pump …

NOAA graphics show how a Mackinac straits oil spill might lookMLive.comST. IGNACE, MI — If you've ever wondered what an oil spill in the Straits of Mackinac might look like from the air, now you know. These six images, obtained by MLive and The Grand R …

Yahoo NewsRussian oil tanker grounded in north PacificYahoo NewsWorkers remove crude oil along the shoreline during a clean up operation after the tanker Nadezhda, left, hit a reef during a storm on Saturday near the port city of Nevelsk, about 90 kilometr …

ReutersKuwait names new acting oil minister; policy change not expectedReutersKUNA did not say why Ali al-Omair was leaving the oil minister post. Sources familiar with the matter told Reuters 10 days ago that Omair was expected to be replaced; he had trie …

ReutersOil prices seen under pressure as Paris attacks spark demand worriesReutersOil is already trading near its six-year lows and healthy demand has been a major factor preventing the prices from sliding any lower amid a worsening global oil glut due to …

ReutersOil slides on slower Chinese factories, record Russian outputReuters"High OPEC production, record-high production in Russia and weak China data are driving prices lower," said Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt …