CNBCA US oil drilling recovery is taking off far beyond Texas and shale countryCNBCColorado is not the cheapest place to produce crude oil in the country, but the state is proving resilient in the face of a protracted price slump and challenges to the foss …

RTRussia overtakes Saudi Arabia as China's top oil supplierRTThe kingdom has increased oil exports to China by 3.9 percent in the five months to May. China's third major crude supplier is Angola, which exported 18.5 million tons to the country. Bei …

Financial TimesJapan oil family descendants put merger on slippery slopeFinancial TimesThe attempt to block the merger between Idemitsu Kosan and Showa Shell Sekiyu, which comes some seven months after the deal was mooted, cited a “water and oil” incompati …

Brexit Could Shave a Buck or Two Off Oil PricesWall Street Journal (blog)PIRA Energy Group expects global oil demand to be unaffected by Brexit in 2016 and reduced by 100,000-200,000 barrels a day at most in 2017 due to slower economic growth in Europe, sa …

CNBC (subscription)A multibillion-dollar budget crisis in the US no one is talking aboutCNBC (subscription)Some — including oil states Louisiana and Alaska — are facing a full-blown budget crisis. Even after painful cuts, budget gaps in those two states al …

Business InsiderUS crude oil inventories fall for eighth straight weekBusiness InsiderUS crude oil inventories fell yet again last week, according to the Energy Information Administration. Commercial crude inventories fell by 4.9 million barrels in the wee …

CNBCA threat to the US oil boom no one's talking aboutCNBCWith crude oil prices down sharply from last year and the oil glut at risk of increasing, private security consultant Charles Clifton's phone has been ringing. His company, Knightsbridge Ris …