BloombergOil Slides Amid Supply Concerns After Biggest Gain in 7 MonthsBloombergExplorers in America cut the number of rigs drilling for oil by four, the first decline since mid-January, Baker Hughes data showed Friday. That followed a government report sh …

BloombergOil Rises as Libya's Biggest Field Briefly Halts on Pipe ClosureBloombergLibyan oil production remains threatened by the lingering effects of civil strife that erupted earlier in the decade. Though output has risen, it's still well below t …

BloombergOil Drops Toward $60 as Risk-Asset Rout Inflames Supply FearsBloombergOil headed for its worst week in almost a year as the global risk-asset rout troubled investors already concerned over growing U.S. supply. Futures traded in New York are on tra …

BloombergOil Steadies Above $61 Following Pullback in US DrillingBloombergVenezuela in the coming days will issue 100 million units of an oil-backed cryptocurrency known as the petro, which will be worth the price of one barrel in the country's oil bas …

New York TimesCollision Near China Leaves Iranian Oil Tanker in FlamesNew York TimesHONG KONG — Rescuers were searching Monday for crewmen missing from an Iranian oil tanker that had collided with another ship off China's coast, leaving the tanker in f …

The Intercept“This Is Not A Symbolic Action” — Indigenous Protesters Occupy Oil Platforms in Radicalized Fight Against Pollution ...The InterceptAfter striking oil in Loreto in 1972, the Houston-based Occidental Petroleum, and later its successor, the shad …

Financial TimesPremier Oil has success from flagship North Sea developmentFinancial TimesPremier Oil has produced first oil from its flagship development in the North Sea, a milestone that will help the UK explorer and producer start repaying its significa …

BloombergAll That New Shale Oil May Not Be Enough as Big Discoveries DropBloombergThat's primarily because fracking of North American shale formations in places like Texas and North Dakota has transformed the industry. Companies like Royal Dutch Shell …

Financial TimesBASF and DEA agree multibillion oil and gas mergerFinancial TimesBASF, the German chemicals group, has agreed to merge its Wintershall energy unit with rival DEA in a multibillion-euro deal to create one of Europe's largest independent o …

BloombergCrude Oil Inches Back Up Amid Dearth of Negative Data PointsBloombergThe bad news bears took a deep breath on a day when there was no price-rattling data to shake them up and oil recovered a bit as a result. A day after fears over mounting U.S. fu …