Oil companies evacuate workers as storm takes aim at TexasReutersHOUSTON (Reuters) - Royal Dutch Shell, Anadarko Petroleum and Exxon Mobil announced they were curbing some oil and gas output on Wednesday at facilities in the Gulf of Mexico ahead of a storm …

ReutersOil producers signal offshore return in latest Gulf of Mexico auctionReutersHOUSTON (Reuters) - Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million on Wednesday, a nearly seven-fold increase from a year ago, …

The SunIs coconut oil bad for you, how is it used to treat skin, hair and sunburn and does it help you tan?The SunDEPENDING on who you listen to, coconut oil is either a miracle superfood or a fatty substance best avoided. From curing painful sunburn to a …

ReutersMexico auctions two-thirds of blocks in shallow water oil tenderReutersThe auction was the latest step in Mexico's bid to attract more private investment to the industry after Congress changed the constitution in late 2013 to end the 75-year pro …

MarketWatchGlobal oil glut disappearing faster than expectedMarketWatchThe agency's January report had said that global oil markets were expected “to be more balanced by mid-2018,” with a rise in supply the first half of that year partially offset by a …

Yahoo FinanceUS stock indexes mixed in afternoon trading; oil slidesYahoo FinanceU.S. stock indexes drifted between small gains and losses in afternoon trading Tuesday, giving up some of their gains from earlier in the day. A slide in crude oil prices weig …

Oil Prices Fall Ahead Of Inventory DataOilPrice.comOil is getting tonked for a second consecutive day, as prices have run into resistance at the top of their trading range, sending them staggering lower once more. With record net-long speculative positioni …

Financial TimesUS energy stocks retreat as oil price slipsFinancial TimesThe stronger dollar also weighed on oil markets on Tuesday. As the commodity is priced in dollars, it becomes more expensive for foreign buyers when the dollar rises. Elsewhere, retai …

BP Needs Oil to Rise to $60 to Break EvenWall Street JournalLONDON—BP PLC said it needed oil prices to rise to $60 a barrel in order to break even, as the British oil giant ramped up debt levels last year to fund spending, maintain its dividend and cope wi …

ReutersVenezuela will circulate new proposal next week to support oil pricesReutersCARACAS Venezuela will next week circulate a new proposal to crude producers in a bid to support oil prices, President Nicolas Maduro said on Sunday, without providing detai …