MarketWatchOil prices head lower as supply worries weighMarketWatchOil prices started 2016 with a surge on Monday morning in Asia as escalating tensions between Saudi Arabia and Iran stoked concerns about a possible supply disruption. But worries about ove …

Yahoo News UKOPEC December oil output slips, still near recordYahoo News UKLONDON (Reuters) - OPEC oil output fell in December, a Reuters survey found on Tuesday, led by lower supply from Iraq following a record-breaking month in November and smaller decli …

Chron.com (blog)Marathon Oil plans 29% spending cut, posts lossChron.com (blog)The move would keep Marathon's 2016 production levels even with the rate it pumps oil and gas at the end of this year. “We're maximizing capital allocation to the highes …

Salt Lake TribuneMarket Retreats as Oil Prices and Media Shares FallNew York TimesOne of the biggest victims of Ms. Yellen's comments, inadvertently, was oil and gas stocks. Her remarks caused the U.S. dollar to strengthen and oil prices to decline sha …

Yahoo! Maktoob NewsOil falls below $50 on US stocks buildYahoo! Maktoob NewsLONDON/NEW YORK (Reuters) - Oil prices fell back below $50 a barrel on Wednesday after a U.S. government report showed a higher than expected build in oil stocks as well as on OPEC …

Wall Street JournalEnbridge to Invest $5 Billion in Gulf Coast Oil TerminalsWall Street Journal“Our robust Enbridge system would be enhanced by creating terminals in the Gulf of Mexico,” Mike Moeller, general manager of midcontinent assets for Enbridge Ene …

Crude-Oil Exports to Canada Kept US Gulf Coast Storage Hubs Below CapacityWall Street JournalThough federal law prohibits exports of most U.S. crude oil, there is an exception for shipments to Canada. As production in the U.S. and in Canada has increased i …

Exploit Oil's Current LowMoney MorningBack then, oil tanker ships stored millions of barrels of crude oil off the coasts of major producing or strategic areas like the Gulf of Mexico, England, and Singapore. Spreads between near-month prices and those …

OregonLive.comOil train traffic dwindles along major Oregon route amid oil price slumpOregonLive.comSteven Massey can't remember the last time he saw an oil train come through Rainier, his small town on the Columbia River northwest of Portland. The mil …

Oil Flows Resume at Libya's Largest FieldWall Street JournalLibya's largest oil field resumed sending crude for export Sunday after a sabotaged pipeline was repaired, a Libyan oil official said. The resumption at the Sarir oil field, which pumps ab …