Channel News AsiaOil Erases Gains as Dollar StrengthensWall Street JournalNEW YORK—Oil prices fell Wednesday, erasing earlier gains, as a strong dollar outweighed signs of robust demand for refined products such as gasoline. U.S. crude for June delivery se …

Wall Street JournalOil Climbs as IEA Suggests Market Is Near BalanceWall Street JournalOil's recent rally has pushed long-term prices above $50 a barrel, which could spur more producers to sell output and keep the market well supplied, brokers and an a …

CNBCNymex Crude Settles at New 2016 HighWall Street JournalOil prices jumped Wednesday, with the U.S. benchmark settling at a new high for 2016, as weekly inventory data showed a surprise drop in crude stockpiles. Light, sweet crude for June delivery settl …

USA TODAYWildfires batter beleaguered Canadian oil industryUSA TODAYThe raging wildfires paralyzing a wide swath of Western Canada virtually slammed the brakes on oil production and staggered a region already reeling from the impact of low crude prices. Pr …

Wall Street JournalOil Flips Higher on Surprise Drop in InventoriesWall Street JournalOil prices flipped higher Wednesday on a surprise drop in crude inventories. Light, sweet crude for June delivery rose 48 cents, or 1.1%, to $45.14 a barrel on the New Yo …

Rochester Democrat and ChronicleKost Tire to pay $275K penalty for phony oil change feeRochester Democrat and ChronicleALBANY -- Kost Tire Distributors, a Binghamton-based automobile service company, has agreed to pay over $270,000 in penalties through a s …

Financial TimesOil Prices Fluctuate Ahead of US Supply DataWall Street JournalOil prices fluctuated Wednesday ahead of closely watched U.S. supply data, extending recent volatility on the market. Brent crude, the global oil benchmark, reversed earlier loss …

BBC NewsCanada Fort McMurray: Oil sands firms to restart productionBBC NewsOil sands firms in Canada's Alberta province are slowly restarting production after a massive wildfire forced a week-long shut down. Shell Canada and Suncor said they had resume …

Wall Street JournalUS Crude Stockpiles Push Down Oil PricesWall Street JournalLONDON—Oil prices fell Wednesday after an industry group reported a higher-than-expected increase in U.S. crude stockpiles, extending recent volatility on the market. Brent crude …

Wall Street JournalOil Pares Gains on Big Rise in InventoriesWall Street JournalOil prices pared gains Wednesday after data showed crude-oil stockpiles grew more than expected in the latest week. Light, sweet crude for June delivery gained 65 cents, or 1.5 …