MarketWatchOil up 25% in April, biggest monthly gain since 2009MarketWatchOil futures on Thursday finished with a 25% gain for the month of April to tally their largest monthly gain in almost six years, as a weekly decline in crude inventories at the U.S. …

Wall Street JournalShell Posts Higher Profit Despite Oil Price SlideWall Street JournalThe rise was driven by a combination of depressed earnings a year ago, a U.K. tax break and strong results in its refineries and retail gas stations, which have benefite …

US shale oil boom masks declining global supplyFinancial TimesOne need only look at the trend in the number of rigs drilling for oil in the US — as published weekly in the benchmark Baker Hughes survey — to see that the shale oil industry is now in severe …

Wall Street JournalTullow Oil Suspends Dividend Amid Oil Price FallWall Street JournalLONDON—Oil explorer Tullow Oil PLC has suspended its dividend for the first time and identified $500 million in cost savings in an effort to reverse the pretax loses it m …