ReutersOil falls to seven-month low on more signs of growing crude glutReutersThere were still almost 70,000 WTI contracts for July outstanding at the end of trade on Friday, which would require delivery of about 70 million barrels of oil to Cushing, Oklah …

ReutersOil prices flat after weeks of steep declinesReutersLibya's oil production has risen more than 50,000 bpd to 885,000 bpd after the state oil company settled a dispute with Germany's Wintershall, a Libyan oil source told Reuters. Investment b …

Financial TimesExxonMobil biofuel partnership makes oil from algae 'breakthrough'Financial TimesScientists at Synthetic Genomics, the biotech company founded by genomics pioneer Craig Venter, used advanced genetic engineering to double the oil cont …

WIREDFattened, Genetically Engineered Algae Might Be the Next Great Oil ...WIREDThe future of fuel is green, slimy, and reeks of fish. "Fish smell like fish because fish eat algae," says Imad Ajjawi, a geneticist at the synbio company Synthetic&n …

ReutersOil prices dive 3 percent to three-week low; OPEC crude output upReutersNEW YORK Oil prices sank 3 percent to a three-week low on Wednesday as an increase in Libyan output helped boost monthly OPEC crude production for the first time this year. Bren …

ReutersOil prices rise on falling US crude stocks, Saudi supply cut to AsiaReutersSINGAPORE Oil prices rose on Thursday, and Brent was firmly back over $50 per barrel, as a fall in U.S. crude inventories and a more severe than expected cut in Saudi supplie …

ReutersOil jumps on drop in US petroleum stocks, possible OPEC cut extensionReuters"U.S. crude oil production is now solidly above 9.3 million barrels per day with more to come, and refined product, especially for gasoline, is oddly weak," said J …

ReutersOil rises after US inventories drop, signals of OPEC cut extensionReutersInvestors are now waiting to see if those numbers are confirmed on Wednesday by official figures on weekly U.S. crude and oil product inventories from the U.S. government's …

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 …