ReutersWorld stocks scale new peaks on retailer results; oil slipsReutersOil prices fell as OPEC prepared to extend supply curbs by nine months to March 2018 to drain a glut that has depressed markets for almost three years. This was a shorter period of ti …

ReutersWorld stocks hit record, oil falls on OPEC cuts dealReutersLONDON World stocks hit record highs on Thursday and the dollar dipped after the U.S. Federal Reserve signaled caution in raising interest rates, while oil fell after top producers extended …

Is Canada's Oil Production Ready For A Resurgence?OilPrice.comLast week two right-wing parties in Canada's oil-rich Alberta province signed a tentative agreement to merge, creating a unified front to oppose the ruling New Democratic Party. The Prog …

ReutersUS plan to sell oil reserve shows declining import needsReutersThe U.S. Strategic Petroleum Reserve (SPR) SPR-STK-T-EIA, the world's largest, holds about 688 million barrels of crude in heavily guarded underground caverns in Louisiana and Texas. …

amNYOil spill in East River caused by ConEd transformer failure in BrooklynamNY“A transformer containing approximately 37,000 gallons of insulating oil used with electrical equipment, failed on Sunday May 7 at 12:23 p.m., causing much of the oil to be rele …

ReutersOil rises after US inventories drop, but extra supplies weighReutersLONDON Oil prices rose on Wednesday after a larger-than-expected fall in U.S. crude inventories but failed to recoup last week's losses due to concerns about rising output from …

Reuters UKOil rises after US inventories drop, but extra supplies weighReuters UKLONDON Oil prices rose on Wednesday after a larger-than-expected fall in U.S. crude inventories but failed to recoup last week's losses due to concerns about rising output …

ReutersOil wipes out OPEC-inspired gains with break below $50/bblReutersBrent crude oil futures LCOc1 broke below $50 a barrel for the first time since late March, hitting an intraday low of $49.69, the lowest level since Nov. 30. The July contract was dow …

ReutersOil prices near $50 a barrel after US inventory dataReutersStocks have steadily declined for the last four weeks, but at 527.8 million barrels they are just 7 million barrels off a record high. Brent crude oil futures LCOc1 were down 63 cents at $50 …

ReutersOil down on lower than expected drop in US inventoriesReutersRising U.S. production and stubbornly high inventories remain key drivers of the oil price, but equally important is the level of compliance among members of the Organization of the Petrol …