CNBCOil spikes above $62 in sudden moveCNBCOil pumpjacks in silhouette at sunset. U.S. crude oil futures suddenly spiked more than 1 percent late Friday morning, erasing losses for the week, as tensions rose in the Middle East. West Texas Intermediate (WTI …

Economic TimesSaudi Arabia turns to nuclear power to curb oil addictionEconomic TimesDUBAI: Saudi Arabia is fast-tracking an atomic energy programme to reduce its dependence on oil, but concerns over nuclear proliferation in the Middle East could put a dam …

BloombergAs Oil Rises, Shale Drillers With Few or No Hedges Stand to GainBloomberg“Some of them believe, based on the fundamentals, that oil is still going to go higher." Representatives for EOG and Anadarko declined to comment. Kristin Thomas, a spok …

Interactive InvestorThe Oil Man: Hurricane, SDX Energy, Pantheon, Genel, Premier OilInteractive InvestorHurricane's total 2P reserves and 2C contingent resources are increased by ∼231% to 2.6 billion barrels of oil equivalent. At Halifax, RPS concludes …

BloombergKuwait replaces oil and finance ministers: state news agencyReutersDUBAI (Reuters) - Kuwait replaced its oil and finance ministers in a cabinet reshuffle on Monday, state news agency KUNA reported. Bakhit al-Rashidi was appointed the new oil minis …

Edmonton SunEdmonton Oil Kings counting on Teddy Bears to end losing skidEdmonton SunBowman's goal wasn't enough to earn the Oil Kings a victory that night, losing 3-2 to the Kamloops Blazers, but it brought nearly 14,000 stuffed toys down to the i …

Oil services joint venture gets green lightHouston ChronicleThe deal is expected to relieve the debt burden of financially struggling Weatherford. That company, which is a distant fourth in the energy services industry behind Schlumberger, Halliburton and …

OPEC Extension Sends Oil Prices SoaringOilPrice.comLong-dated oil futures are more volatile than is justified, according to a research note from Goldman Sachs. The investment bank said that assurances from OPEC that the group will respond to market conditi …

Seeking AlphaA Million-Dollar Puzzle Every Oil Investor Wants To SolveSeeking AlphaSummary. U.S. oil production grew 290,000 barrels per day sequentially in September. While the Permian is leading, the increase occurred across the board. Annual growth at a …

Norway reduces oil riskIPE.comI don't think anyone expected the fund to ever reach a trillion dollars when the first transfer of oil revenue was made in May 1996,” Yngve Slyngstad, CEO of Norges Bank Investment Management, wrote following the announcem …