European equities rally, boosted by gains for oil stocksMarketWatchAmong energy stocks, Tullow Oil PLC shares TLW, +4.31% shot up 5.1%, while Royal Dutch Shell PLC RDSA, +3.25% RDS.B, +2.44% gained 3.1% and BP PLC BP., +3.92% BP, +2.86% added 3.5%. Those s …

The Globe and MailBuyers seek US waivers to buy Iranian oil amid new sanctionsThe Globe and MailSouth Korea said on Wednesday it would seek U.S. exemptions to buy Iranian oil, a path many big oil consumers are likely to follow in the wake of new U.S. sanct …

The Globe and MailOil prices rise more than 2 per cent amid broad market optimismThe Globe and MailThe S&P 500 index was last up more than 1 per cent, while the Nasdaq Composite index hit a record high, further supporting oil prices. Crude futures and …

Oil Higher on Employment Data, Falling ProductionWall Street JournalThe WSJ Dollar Index was recently down about 0.1%, making dollar-denominated commodities like oil cheaper for foreign buyers. “Financial influences from equity and currency markets seem to …

ReutersChevron Makes Major Oil Discovery In Deepwater Gulf Of MexicoOilPrice.comChevron has struck a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico, the corporation said late on Tuesday. The Ballymore prospect lies …

CNBCEnding North Korea oil supplies would be seen as an act of war, Russia warnsCNBCQuotas set by the U.N. allow for around 540,000 tonnes of crude oil a year to be delivered to North Korea from China, and over 60,000 tonnes of oil products from Russia, Ch …

Edmonton JournalAlberta oil prices face further hit from transportation bottlenecks in 2018: reportEdmonton JournalThe planned Keystone XL pipeline to the Gulf Coast would boost Canadian sales in the region, while the proposed TransMountain pipeline expans …

Oil Tops $60 At Close of YearOilPrice.comOil prices are set to close out the year up more than 11 percent, hitting their highest level since 2015. However, the road to higher prices was rocky. In the first half of the year, the OPEC cuts appeared to have l …

CNBCSouth Korea holds Hong Kong ship over North Korean oilCNBCSouth Korea said Friday that it was holding a Hong Kong-flagged ship and its crew members for allegedly violating U.N. sanctions by transferring oil to a North Korean vessel in October. The Ligh …

BBC NewsNorth Korea: South seizes ship amid row over illegal oil transferBBC NewsSouth Korea has revealed it seized a Hong-Kong registered ship last month suspected of supplying oil to the North in breach of international sanctions. Officials said the Ligh …