BSP finds oil in LumutBorneo Bulletin OnlineThe achievement was announced in a joint press statement yesterday by BSP and the Energy and Industry Department at the Prime Minister's Office (EIDPMO). The Layang-Layang oil and gas discovery is the first o …

Oil Gains After Data Showing US Stockpile Growth Seen to Be SlowingWall Street Journal (subscription)Oil prices resumed their rise Thursday, building on gains in the previous session after U.S. data made traders and investors hopeful that the country's …

Oil Falls on Growing U.S. Drilling Activity - WSJWall Street Journal (subscription)Oil prices extended losses on Monday to trade near a four-month low after increased drilling activity in the U.S. indicated a strong rise in production was coming.and more&n …

CNNMoneyOil Falls on Growing US Drilling ActivityWall Street Journal (subscription)Oil prices extended losses on Monday to trade near a four-month low after increased drilling activity in the U.S. indicated a strong rise in production was coming. Brent cru …

BloombergSaudis Warn Producers About Cheating on Oil-Cut DealWall Street Journal (subscription)Saudi Arabia is sending strong signals, publicly and privately, that it won't keep cutting back oil output unless other big petroleum producers fully join it …

RTLibya Ramps Up Oil Production, Threatening OPEC PlansWall Street JournalLibya's crude-oil production has more than tripled in the past six months, imposing an obstacle to the Organization of the Petroleum Exporting Countries' plans to raise petro …

BloombergSaudi Arabia Cuts Output in Accordance With OPEC DealWall Street JournalSaudi Arabia has cut its crude-oil production by at least 486,000 barrels a day since October, said a person familiar with the kingdom's output, bringing the world's l …

Wall Street JournalSaudi Aramco Raises Oil Prices for Far East CustomersWall Street JournalSaudi Arabia's state-run oil company raised prices for customers in far east Asia on Thursday, a move analysts said signaled that the world's largest exporte …

FortuneOil Prices Hit 16-Month High After OPEC DealFortune“OPEC sentiment continues to support oil markets. Speculative short positions are still at elevated levels and as more traders unwind these positions they could trigger more support for oil prices,” …

Wall Street JournalOil Keeps Rising After OPEC Output DealWall Street JournalOil prices rose on Thursday, building on gains made after OPEC struck a long-sought agreement to reduce production by 1.2 million barrels a day. Brent crude, the global oil benchm …