Business InsiderUS sanctions businessman helping Syrian government buy oil from Islamic StateReutersIslamic State, which has been described by U.S. officials as the wealthiest terrorist group of its kind, is believed to derive much of its funding from oil …

RTRussian warplanes disrupt ISIS oil sales channels; destroy 500 terrorist oil ...RT“In just the first few days, our aviation has destroyed 500 fuel tanker trucks, which greatly reduced illegal oil export capabilities of the militants and, accordingly, the …

Financial TimesBrunei struggling to wean itself off oilFinancial TimesBrunei has narrowly escaped a second recession in two years but its recovery will be slow and erratic. The oil-dependent sultanate — one of the few countries in the world with an absolut …

BBC NewsPentagon targeting trucks, rigs in assault on Islamic State oil fundingReutersWASHINGTON U.S.-led air strikes have hit at least 175 targets in the Islamic State's main oil-producing region over the past month, as Washington intensifies efforts …

NOLA.comFire on Coastal Louisiana Oil Platform ExtinguishedABC NewsA fire that burned for more than a day on an oil production platform off Louisiana's coast was extinguished early Saturday, the Coast Guard said. The fire was on a platform in Breton So …

FuelFix (blog)Oil Rigs Get Slammed for the 13th WeekBloombergThe number of U.S. oil rigs out drilling new wells fell for the 13th straight week as the U.S. sinks deeper in a glut of excess oil. Drillers idled 64 oil rigs (excluding gas rigs), dropping the …

CBC.caCanada's trade gap widens to $2.5B on oil price slideCBC.caThe decline of oil prices is eating into Canada's hopes for improving exports, as the value of crude oil and bitumen exports declined by a whopping 23 per cent in the past year. In Ja …

NewsweekThe World Has Extracted More Crude Oil Than It Knows What to Do WithNewsweekThe world is so flush with crude oil, it is running out of places to store it all. Crude oil producers are currently pumping nearly 1.5 million barrels a day more of the st …