CNNMoneyHere we go again: Oil plunges back below $40CNNMoneyOil prices are now down more than 22% since topping out above $51 a barrel in early June. That means the closely-watched commodity is officially back in a bear market. It's the latest setback …

OregonLive.comGround water near Mosier contaminated with oil, DEQ saysOregonLive.comA monitoring well installed after last month's train derailment near Mosier has detected oil contamination in the ground water. The state Department of Environmental Qu …

CNNMoneyLibya: OPEC member plots big oil comebackCNNMoneyLibya, a large global oil producer, appeared to reach a breakthrough earlier this month when rival governments in the east and west agreed to merge their competing oil companies. The agreement was ha …

CNNMoneyIran's oil exports have tripled since late 2015CNNMoneyNow that sanctions are gone, Iran is seriously flexing its oil muscles in hopes of luring back Western energy companies. Iran pumped 3.64 million barrels per day in May, just four months af …

CNNMoneyWhy Saudi Arabia and Russia are still flooding the oil marketCNNMoneyInvestors sense that OPEC and other oil producers may be cooking up a deal to cut output in a bid to raise prices. Crude oil futures jumped 12% in New York on Friday, making their …

UAE Offers India Free Oil To Ease Storage WoesOilPrice.comIn an oil sector first, the oil-rich United Arab Emirates (UAE) has offered free oil to India in return for a storage deal at India's planned underground facility as the supply glut worsens and …

RTIran resumes oil export to Europe after 5-year-haltRTThe oil shipment to Europe opened “a new chapter” in Iran's oil industry, Rokneddin Javadi, Deputy Oil Minister said on Sunday, IRNA news agency reported. Iran is said to have recently loaded sever …

FortuneOPEC Members Are Shifting Toward Ending Oil GlutFortuneThe mood inside the Organization of the Petroleum Exporting Countries (OPEC) is shifting from mistrust to a growing consensus that a decision must be reached on how to end the global oil price r …

CNNMoneySaudi Arabia: We're not crashing oil prices to hurt IranCNNMoneySaudi Arabia insists the crash in oil prices is being fueled by oversupply, not a secret plot to hurt its archenemy Iran. "People should go back to Adam Smith and basic econom …

RTISIS oil trucks cross into Turkey every day, captured terrorist admitsRTCrude oil extracted at Syria's Deir ez-Zor and Iraq's Qayyara oil fields, which remain under under Islamic State control, is being sold for as little as $25 per barrel to smu …