Energy sector faces worst daily drop in 3 months as oil prices tumbleMarketWatchA popular fund tracking the energy sector on Wednesday was on pace for its steepest one-day slide in more than three months after crude-oil futures sank on the heels of a repor …

Oil prices extend losses as EIA reports smaller-than-expected fall in US crude suppliesMarketWatchOil prices extended earlier losses Wednesday after data from the U.S. Energy Information Administration showed that domestic crude supplies fell by 1.7 millio …

Wall Street Journal (subscription)Saudis Cut Oil Exports to US to Ease Global GlutWall Street Journal (subscription)Saudi Arabia is slashing its U.S. oil exports to a nearly three-decade low for this time of the year, intensifying its efforts to reduce a g …

This is MoneyMIDAS SHARE TIPS UPDATE: Palm oil producer offers healthy future for investors as well as Orang-utansThis is MoneyPalm oil has a dreadful reputation, with its production often devastating rain forests and threatening the habitat of orang-utans …

Hedge-Fund Trader Andurand Loses Big on Oil BetsWall Street Journal (subscription)Pierre Andurand, one of the world's best-known oil traders, has suffered a large loss at the start of this year because of wrong-way bets on crude. Mr. Andurand, who runs …

MarketWatchOPEC's strategy to buoy oil prices is all wrong, oil economist saysMarketWatchSpeaking at the International Petroleum Week in London earlier this week, Helm struck a decidedly dour outlook on the oil industry, arguing that history suggests p …

MarketWatchOil prices step back, with US rig count data aheadMarketWatchOn Thursday, oil prices got a boost from U.S. Energy Information Administration data that showed crude stockpiles there grew less than expected last week. West Texas Intermediate futur …

ReutersOil futures suggest bullish funds' big bet on price may pay offReutersFund managers now hold more Brent oil futures and options contracts than at any time on record, equivalent to some 480 million barrels of oil and nearly double the amount held …

Several mysterious oil spills slow down motorists in ManawatuTVNZMotorists on State Highway three are urged to be cautious while several mysterious oil spills are cleaned up between Palmerston North and Feilding this morning. Source: 1 NEWS. Emergency serv …

The HinduChennai oil spill dooms turtlesThe HinduA thick oily tide from the sea lapped at the coast of several fishing hamlets in north Chennai on Sunday, a day after two cargo ships, one of them an oil tanker, collided off Kamarajar Port in Ennore. Severa …