KEYT1.6M Acres In California Could Soon Be Open To Oil DrillingOilPrice.comFollowing the end of a five-year moratorium on oil and gas drilling in public land in California, the Bureau of Land Management could open up 1.6 million acres in the state to oil a …

BloombergOil Is Losing Its Grip Over the Currencies of Top Energy ProducersBloombergOil's typically a key driver of the world economy, and an indicator of the industrial cycle. Higher prices can act as a drag on global growth while enriching nations wh …

Financial TimesKazakh oil group's buyback paves way for IPOFinancial TimesKazakhstan's state-controlled oil and gas company will delist its upstream unit in London after winning over minority investors, bringing it closer to its own proposed initia …

CNBCRussia has 'learned its lesson' about oil price volatility, wealth fund chief saysCNBCRussia has "learned its lesson" about oil price volatility, the chief executive of the Russian Direct Investment Fund (RDIF) told CNBC Tuesday. Spea …

Financial TimesWall Street indices slip from record highsFinancial TimesUS stocks touched record peaks in early trade before going into retreat, as participants awaited fresh developments on US tax reform and kept a wary eye on escalating tensions between …

BloombergThe Dollar Is Now More Correlated With Oil Than Some PetrocurrenciesBloombergCrude oil's more than 9 percent surge since Oct. 25 has been mirrored by a 1.4 percent advance in the dollar against major world currencies, widening the pair's 9 …

CNBCQatar, Glencore to buy 19.5 percent stake in Russia state oil major RosneftCNBCRussian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore to sell a 19.5 percent stake in …

CNBCIf Putin seems friendlier lately, thank oil pricesCNBCWith oil prices reaching lows for the last decade, the ruble tumbling, and U.S. and European sanctions continuing to take a toll on some of Russia's most important economic sectors, some are que …

CNBCWhy OPEC's plan to balance oil markets backfiredCNBCConventional thinking then was that the U.S. oil patch would be littered with bankruptcies, and production would collapse. As for Russia, the world's largest energy producer would be forced to …

Russia Eyes New Army Engineering Corps to Add Brains to Military BrawnThe Moscow TimesPrime Minister Dmitry Medvedev has ordered ministers to consider the creation of a new military engineering corps, according to a document posted on the government's …