Wall Street JournalCalifornia oil spill: Officials hope to get first look at ruptured pipeLos Angeles TimesWorkers on Tuesday began digging up the soil around a pipe that ruptured and spilled up to 101,000 gallons of crude oil along the Santa Barbara Count …

CBC.caOil drops 2.5% amid signs US drillers ready to turn on the tapsCBC.caOil dropped sharply Tuesday morning, after reports showing U.S. drillers may be ready to turn on the taps again as West Texas Intermediate crude approaches $60 US a barrel. That kno …

Signs of Housing Comeback Fail to Rouse MarketNew York TimesThe price of oil fell sharply on Tuesday, extending its slide. A rising dollar made oil, which is priced in dollars, more expensive for overseas buyers. Benchmark United States crude fell $2.25 to …

CBC.caCanadian dollar falls 1.5 cents as oil plungesCBC.caThe Canadian dollar has fallen by nearly two cents since Friday, as the U.S. greenback shot upward and oil headed down. The loonie closed at 83.26 cents US on Friday but slid all day yesterday as ma …

MarketWatchThe best cure for low oil prices may be low oil prices, says StatoilMarketWatchUsing that logic, one could argue that the oil industry should be expecting a major rally after seeing prices drop more than 50% in the last half of 2014 and slide ev …

CBC.caOil soars above $62, lifting the loonie to 83 centsCBC.caOil prices rose to a new high for the year above $62 on Wednesday, powering the Canadian dollar above 83 cents. Oil has been on a month-long rally amid signs that U.S. shale production is slowi …

Financial TimesSaudi restructures oil sector, concentrating prince's powerFinancial TimesKing Salman bin Abdel Aziz al-Saud formed a 10-member Supreme Council for Saudi Aramco, headed by his son, Deputy Crown Prince Mohammad bin Salman, to oversee Saud …

CBC.caCanadian dollar slumps back to 82 cents as oil, gold slipCBC.caIn the past three weeks, oil has been driven higher by prospects of supply disruptions as Saudi Arabia clashes with Houthi rebels in Yemen. Today the Saudi Press Agency reported an attack …

CBC.caCanadian dollar slumps back to 82 cents as oil, gold declineCBC.caIn the past three weeks, oil has been driven higher by prospects of supply disruptions as Saudi Arabia clashes with Houthi rebels in Yemen. Today the Saudi Press Agency reported an att …

CBC.caCanadian dollar at 80 cents, oil at $50 after Yemen air strikesCBC.caThere is a danger the country is sliding towards civil war after Houthi rebels receiving support from Iran marched on the southern Yemeni port city of Aden. The conflict weighed hea …