AL.comAlabama to receive $2.3 billion in BP oil spill settlementAL.comAlabama will receive $2.3 billion in a settlement resulting from the 2010 Deepwater Horizon Oil spill, officials announced today. Gov. Robert Bentley and Attorney General Luther Strange …

Wall Street JournalOil Prices Get Small Boost From Dollar's SlipWall Street JournalOil prices were up modestly on Thursday, reacting again to a falling dollar after a data release showed slightly fewer U.S. job gains than expected. Oil has been heavily …

Glencore executives visit Iran for oil talksFinancial TimesGlencore's visit follows discussions between European oil majors Shell and Eni and Tehran over long-term investments in the country's oil and gas industry if Western sanctions are lifted, b …

Norges Bank Warns More Rate Cuts May Be Needed After Oil SlumpBloombergNorges Bank cut interest rates to a record low and said it may need to ease policy further to avoid a recession in western Europe's biggest oil producer. The overnight deposit rate …

Layoffs due to cheap oil prices are finally slowing downFortuneIf you're employed in the oil industry, now might be a good time to let out a sigh of relief. According to a new report out Thursday by Challenger, Gray & Christmas, a Chicago-based out …

Oil dips, pressured by disappointing GDP figureMarketWatchCrude-oil futures lost ground Wednesday, hurt by a softer-than-anticipated reading on U.S. economic growth, though they have recovered after slumping immediately after the report. Investors also are …

CNNMoneyBoone Pickens to Texas: Don't panic. Oil is going higherCNNMoneyEven though inventories are sitting at record highs, Pickens is standing by his call for oil to rise to $70 a barrel by the end of the year before rising to $90 to $100 in the next …

International Business TimesJapan Stocks At 15-Year Peak, Oil Down As Saudi Ends Yemen Air CampaignInternational Business Times(Reuters) - Japanese shares rallied to a 15-year high on Wednesday on expectations of improved corporate earnings, while oil sagg …

BBC NewsPetrobras's oil bonanza: Blessing or curse?BBC NewsIn 2008, Petrobras and its main stakeholder - the government of Brazil - hit the jackpot. The state oil firm's technicians discovered one of the world's largest oil reserves deep beneat …

Wall Street Journal (blog)Oil States See Slumping Employment as Texas Loses 25000 Jobs in MarchWall Street Journal (blog)While the U.S. economy continued to add jobs last month, states that rely heavily on the oil industry experienced significant cuts. Job …