The oil industry is bouncing back after OPEC's meetingThe EconomistPROUDLY, they call themselves elephant hunters. They are the geologists who scour the treacherous depths of the Arctic, or Brazil's Atlantic pre-salt fields, or offshore west Africa …

BloombergAirline Profits Face Decline From Record as Oil Price ClimbsBloombergGlobal airline earnings are set to decline next year after reaching a record in 2016 as higher oil prices clip margins, according to the industry's main trade group. Net inco …

Oil Supertankers Brace for Worst Year Since 2013 on OPEC CutsBloombergThe accord caused a surge in oil prices, making life more expensive for anyone who buys or transports fuel -- including American motorists, Indian refiners, airlines and shippers. It&#39 …

Mexico Eyes Higher Oil Output Than Venezuela, BrazilOilPrice.comMexico plans to increase its crude oil production substantially, overtaking both Venezuela and Brazil if its plans work out. This has emerged after earlier this week, the country awarded nine …

BloombergOil Traders May Abandon Ship After OPEC Cuts Profits at SeaBloombergOPEC's decision to pump less is poised to deter some oil traders from hoarding crude at sea. The group's pledge to cut output and ease a global glut has weakened a market …

Moneycontrol.comChina teapots to extend oil buying spree into 2017ReutersCalled "teapots" due to the small capacities of their plants compared with the big state-run refineries, the independents made up nearly 90 percent of China's crude oil …

MarketWatchMexico reaps $2.65 billion from oil-price hedgesMarketWatchMEXICO CITY — The Mexican government collected $2.65 billion from oil-price hedges taken out to protect the 2016 budget from a drop in prices, the Finance Ministry said Wednesday. The go …