UPDATE 2-Nigeria plans VAT increase in push to raise non-oil revenue  Reuters AfricaNigeria plans to increase value-added tax on goods, the finance minister said, as Africa's biggest oil exporter seeks to reduce its reliance on crude sales. Read …

Indonesia asks India to cut palm oil tariffs in exchange for sugar imports  ReutersIndonesia has asked India to cut its tariff on refined palm oil to 45 percent, matching the levy faced by rival producer Malaysia, and has offered market access fo …

ReutersWall St Falls as Cost Pressures Rise, Oil Prices RetreatNew York Times(Reuters) - U.S. stocks fell on Tuesday, driven by Pfizer's discouraging results, tumbling oil prices and growing fears that tariffs and inflation could weigh on corporate pro …

Treasury yields rise while dollar strength weighs on oilFinancial TimesUS Treasury yields climbed ahead of the Federal Reserve's monetary policy meeting, while oil prices fell as the US dollar extended its rally. Meanwhile, Wall Street started the new …

ReutersBoom in West Texas oil patch lifts wages, pricesReutersMIDLAND, Texas (Reuters) - In West Texas, rising oil prices are fueling a sharp economic upswing, lifting employment and pay to records, driving up spending at hotels, restaurants, and car deale …

CNBCAudit Puts Aramco's Oil Reserves At 270 Billion BarrelsOilPrice.comAn international independent audit of the oil reserves of Saudi Aramco has more than confirmed the official figures released by Riyadh for three decades, putting the number at 270 b …

CBC.caOilpatch eager to ship more oil by rail as pipeline capacity at limitCBC.caWith no capacity to spare on pipelines out of Alberta, oilpatch leaders are desperately waiting for when they'll be able to ship more crude on rail lines. Imperial Oil red …

CNBCOil Prices Rise As Israeli PM Calls Iran Liar Over Nuclear Weapons StatusOilPrice.comThe approaching May 12 deadline and the very real possibility that President Trump will not grant Iran another waiver has kept oil prices supported in recent weeks, an …

ReutersBoom time comes early to West Texas oil patchReutersAnd Midland and its neighbor Odessa, the biggest towns for miles and the regional base for major oil producers in the Permian Basin, including Occidental Petroleum Corp (OXY.N), Chevron Corp (CVX.N …

Alaska oil companies settle dispute over Trans-Alaska Pipeline tariff chargesReutersANCHORAGE, Alaska (Reuters) - The state of Alaska will receive hundreds of millions of dollars in a settlement with oil companies over the value of North Slope crude oil sh …