Oil prices log biggest weekly gain of the yearMarketWatchOil prices finished Friday at their highest level since late May, lifting their weekly gain to 8.6%, on the back of renewed output-curb commitments from some key oil producers and uncertainty surroun …

CNBCVenezuela could be the first sovereign oil producer to 'fully fail' after contentious vote, warns analystCNBCHelima Croft of RBC Capital Markets said Venezuela could become the first sovereign oil producer to "fully fail" as a state i …

Financial TimesHigher ExxonMobil and Chevron profits signal oil recoveryFinancial TimesOil companies have been battling to reduce costs and increase efficiency since prices crashed from above $100 per barrel three years ago. Capital expenditure by both Exx …

ReutersRussia is top China oil supplier fourth straight month in June, longest streak everReutersBEIJING (Reuters) - Russia was China's biggest crude oil supplier for a fourth straight month in June, its longest streak ever in the top spot, data from t …

Wage fight sets South Africa on course for engineering strikeReutersCAPE TOWN South Africa's metalworkers union said on Friday it has requested a certificate to strike in the engineering sector after wage hike talks deadlocked, and expects a decision b …

Toronto StarWhy oil will remain relevant in the future: OliveToronto StarAs the world strives to kick its oil addiction, the Canadian oilpatch is doubling down on the volatile commodity. And with due respect to conventional wisdom, it might win its bet in …

BBC NewsOil tanker and cargo ship collide in English ChannelBBC NewsAn oil tanker and a cargo ship have collided in the English Channel. The ships came together 15 miles north east of Dover at 02:00 BST, the coastguard said. The 183m (600ft) tanker Seafron …

London Free PressImperial Oil: Petrolia rootsLondon Free PressAmong them was Jacob Englehart, an American whose mansion, Glenview, was left to Petrolia for use as a hospital in 1911. Imperial Oil's head office was originally in London, as was a company …

BBC NewsPakistan oil tanker fire kills scoresBBC NewsAt least 123 people were killed when a lorry transporting oil burst into flames in the Pakistani city of Bahawalpur, local officials say. They say dozens of people were badly burned as they tried to coll …

CNBCWith oil washing out, Russia's zeal to reform remains elusiveCNBCOil's slide has made Russia and Saudi Arabia case studies in how — and how not — to manage the fallout of weak energy prices. A Pew poll shows Russians have lost some confidence i …