Shipwrecks offshore of South Carolina could hold 21 million gallons of oil  Charleston Post CourierMore than 400000 barrels of crude or heavy oil were aboard five tankers that have gone to the bottom since 1932 — two of them sunk by German U-boat …

Houston oil executive gets 18 years in prison for defrauding investors  ChronA Houston oil executive was sentenced to state prison for defrauding investors who thought they were paying for the drilling and testing of wells -- but instead ... Read …

Seeking AlphaWhat Could Drive Crude Oil HigherSeeking AlphaAlthough crude oil has bounced since last week, the bearish trend is still in tact. However, there are increasing signs that demand is picking up. This week, the EIA reported that inventories fell …

NBCNews.comTop Oil Companies Join Firms Opposing Texas 'Bathroom Bill'NBCNews.comAUSTIN, Texas — More than 50 Houston business leaders, including the heads of some of the nation's top oil companies, are opposing a Texas "bathroom bill&quot …

ReutersBP sees oil prices below $55 a barrel in 2018ReutersLONDON (Reuters) - BP expects global oil prices to hold within a range of $45-$55 a barrel next year as U.S. shale production grows, the British company's chief financial officer said on Tuesda …

CNBCMagnitude 5.0 quake strikes near Cushing, Oklahoma: USGSCNBCThe quake was centered 2 miles (3.2 km) west of Cushing, a small city of about 8,000 people some 50 miles west of Tulsa, which is the location of intersecting oil pipelines and is considered a …

Oil's pain could result in Australian LNG gainThe AustralianLNG is sold at oil-related prices plus transportation costs. The Curtis Island plants are thought to be cash-positive at oil prices of around $US40 a barrel. Unhappily, of course, just as they …

CNBCPain to gain? Pro sees oil tripling by 2018CNBCOil investors are trying to survive a brutal start to the year. They're coping with crude prices sinking to 12-year lows as Chinese demand falls and ballooning U.S. stockpiles fuel fear. Relief, howeve …