The World Blows Over $5 Trillion a Year on Oil and Gas Subsidies: Report  GizmodoThe world subsidized its own demise to the tune of $5.2 trillion in 2017. Read more https://earther.gizmodo.com/the-world-blows-over-5-trillion-a-year-on-oil-and-gas …

CANADA FX DEBT-Loonie steadies as higher oil prices offset trade war fears  Reuters(Adds strategist quote and details throughout; updates prices) * Canadian dollar trades near flat against the greenback * Canadian housing starts jump to ... Read …

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:// …

USD/CAD Canadian Dollar Loses Ground on Trade War and Oil  FXStreetThe Canadian dollar is lower against the greenback. The loonie is under pressure as trade war concerns have pressured oil prices lower and has made ... Read more https://www.fxstr …

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 …

Oil & Gas Stock Roundup: Shell, BP & ConocoPhillips Post Q1 Earnings Beat  Yahoo FinanceIt was a week where both oil and natural gas prices settled lower. On the news front, European oil majors Royal Dutch Shell plc RDS.A and BP plc BP, as well a …

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 …

Saudi Aramco Said to Give Extra Oil to Hungry Asian Buyers  BloombergSaudi Arabia is set to supply more crude to oil-starved Asian refiners, and extract a heavy price for it. Read more https://www.bloomberg.com/news/articles/2019-05-07/saudis-are …