ReutersOil drifts as dollar offsets bullish OPEC outlookReutersOil prices are up 13 percent from three weeks ago after the Organization of the Petroleum Exporting Countries proposed its first output cut or freeze in eight years to rein in a global crude gl …

Investors may be betting oil glut will end soon, but crude traders beg to ...ReutersSINGAPORE Investors may have driven crude oil futures prices above $50 a barrel and amassed large bullish positions in expectations of further gains to come but their optim …

Physical oil traders not convinced by upbeat futures market outlookReutersSINGAPORE Tension is brewing in the oil market as the optimism of financial players who have poured cash into crude futures is not shared by physical players who keep cutting sale pr …

ABC OnlineDarwin Harbour oil spill response by EPA questionedABC OnlineThe Northern Territory Environment Protection Authority's (EPA) response to an oil spill in Darwin Harbour has been "dismal," according to the peak body for recreational f …

Financial TimesNigeria oil pipeline bombed causing 'massive spills'VanguardIt was blown up early yesterday (Monday),” a senior official of a major oil firm told AFP Tuesday. PPMC is a subsidiary of the Nigerian National Petroleum Corporation, which …

Edmonton JournalGary Lamphier: Look out below: oil prices to sink again in second halfEdmonton JournalToday, like many days, I'd rather write about anything but crumbling oil prices or Alberta's crippled economy. Seriously, it's a good thing I …

CNBCStocks advance as Brexit tensions ease; oil, sterling climbCNBCOne of Tuesday's biggest losers was Norwegian lender DNB, off 7.5 percent, after it warned of higher loan losses in 2016; with weaker oil prices weighing on the company, according to Re …

BloombergWorld's Top Oil Trader Says Prices Won't Rise Much FurtherBloomberg"I cannot see the market really roaring ahead," Vitol Group of Cos. Chief Executive Officer Ian Taylor told Bloomberg Television in an interview. "We have a …

CBC.caOil at $50: What life looks like in the oilpatch 2 years after prices plummetedCBC.caTwo years ago, $50 oil would have been considered a nightmare scenario. Even last June, no one in the energy sector would have welcomed it. But two years into the oi …

BloombergInside Vitol: How the World's Largest Oil Trader Makes BillionsBloombergOver an almost 40-year career in oil, the Oxford-educated Brit had set down in plenty of hot spots, from Tehran to Caracas, Baghdad to Lagos. Yet this journey—destination …