UPDATE 3-Fire at Petronas' RAPID oil refinery quickly tamed  ReutersA fire was brought under control early on Friday after an explosion at a Malaysian oil refinery being developed by state oil firm Petronas, which was testing its ... Read more ht …

Oil drops 3 percent as economic outlook weakens, U.S. supply surges  ReutersOil prices fall 2 percent after weak US jobs report  CNBCOil prices drop as U.S., China data underline global growth worries  MarketWatchOil Tumbles a …

Investing with the UN: Why investors are dumping oil and gas companies  Yahoo FinanceOil and gas stocks have no place in many portfolios. A growing number of retail investors and big institutions are dumping them. Not because they've been ... Rea …

Liz Fisher: Erie officials driven by oil and gas profit  Boulder Daily CameraSome government officials in Erie have capitulated to oil and gas companies, thinking it will yield the town a ton of money, or so they speculate. Read more http://www.d …

Oman Oil Minister Al Rumhi calls a bottom for oil: $60 a barrel  BloombergThe Omani Oil Minister Mohammed Al Rumhi predicts the recent oil's rebound will hold and says that OPEC and its allies can sustain prices at $60 a barrel in ... Read more h …

India Oil Demand Rises From 4-Year Low as Cash Ban Impact Fades  BloombergIndia's oil demand growth in 2018 rebounded from the slowest pace in four years as the country recovered from the shock of a cash ban and the roll out of a ... Read more ht …

Falling oil prices will be a hidden blessing for Saudi start-ups, investor says  CNBCIn a part of the world better known for towering skyscrapers and oil than for its startup scene, Gulf Arab entrepreneurs might be seeing bright times ahead. Read …

Winners and Losers in Big Oil's Offshore Spending Revival  BloombergAfter four years of cutbacks, oil companies are poised to open their purses again and develop new offshore fields, although the benefits won't be spread equally ... Read more htt …

Saudi Arabia's 2019 budget will boost spending and continue royal handouts — even as oil prices drop  CNBCDespite falling oil prices, Saudi Arabia will continue paying its citizens cost-of-living allowances, the country's King Salman announced du …

The GuardianOil giant Aramco's $2tn flotation is still on, says Saudi ArabiaThe GuardianSaudi Arabia insisted it was pressing ahead with a $2tn (£1.5tn) float of the state oil giant, Aramco, following reports that it had shelved plans for the biggest-e …