ReutersOil rises close to $50/bbl; doubts on OPEC plan cap gainsReuters"The global surplus still exists and there is still a possibility that oil prices could retrace further," said Dominick Chirichella, senior partner at the Energy Management In …

ReutersOil prices slip as focus shifts to details of OPEC dealReutersThe European oil and gas index .SXEP was up 4 percent on Thursday and the pan-European STOXX 600 index rose 2 percent. But oil prices retreated as scepticism over the effectiveness of the …

Oil Tanker Traffic Jam Off Texas Is Viewed as Sign of OversupplyNew York TimesA traffic jam of oil tankers, with more than 20 million barrels of crude, has emerged along the Texas coast this month, a snarl that some traders see as the latest sign of an uny …

EUobserverMalta asylum drop linked with Italy 'oil deal'EUobserverMoored in Malta's capital city Valletta, Britain's former naval assault flagship makes an imposing figure. In a backdrop of clear blue skies and limestone walls bathed in Med …

Wall Street JournalThe Long Wait for Chinese Oil Futures ContinuesWall Street JournalHONG KONG—China's volatile stock markets may have claimed another victim: hope for the start of an oil-futures contract this year to rival other global benchmarks in t …

USA TODAYForget oil: Middle East may face climate crisisUSA TODAYRegarding the Middle East and its oil, the late Sheikh Rashid Bin Saed Al Maktoum, longtime Emir of Dubai and Prime Minister of the United Arab Emirates, once famously remarked: "My gran …