Rising oil prices add to global economic strife  ReutersLONDON (Reuters) - Escalating tension in the Middle East is driving up oil prices, a huge import cost for many economies, putting more strain on global growth ... Read more https://www.reute …

Iran to ask Japan's Abe to mediate over U.S. oil sanctions: officials  ReutersIran will ask Japan to mediate between Tehran and Washington to ease oil sanctions imposed by the United States, Iranian officials told Reuters ahead of a visit ... Rea …

Iran scrambles to lift petrochemical sales as sanctions hammer oil  ReutersIran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales, Iranian and international industry sources ... Read more …

Bahrain to allow foreign companies to take 100% stakes in oil, natural gas extraction projects: news agency  ReutersBahrain is to allow foreign companies to own 100 percent of oil and natural gas extraction projects in the Gulf state, under an or …

3 Incredibly Cheap Energy Stocks  Motley FoolThe oil and gas industry is broadly struggling, but this trio of financially strong dividend payers are worth a close look. Read more https://www.fool.com/investing/2019/06/02/3-incredibly-cheap-energy …

Smoke Spreads in Canada's Oil Capital as Alberta Wildfires Burn  BloombergCanada's oil capital woke up to smoke that made eyes sore and breathing uncomfortable, an earlier-than-usual sign of summer as wildfires burn in the forests ... Read more h …

U.S. says countries buying Iranian oil will be subject to sanctions  ReutersThe United States will sanction any country which buys oil from Iran after the expiration of waivers on May 2, U.S. Special Representative for Iran Brian Hook ... Read mo …

Pompeo says Iran attacked oil tankers to raise global oil price  ReutersU.S. Secretary of State Mike Pompeo on Thursday blamed Iran for attacks on oil tankers in the Gulf, saying it was an effort by Tehran to raise the global price of ... Read mo …

Big Oil's Message to Permian Strugglers: We Won't Bail You Out  Yahoo Finance(Bloomberg) -- Big Oil probably won't be buying up the Permian Basin's struggling independent drillers any time soon. Years of costly exploration and frantic ... Read mo …

Saudi cabinet affirms desire to avoid war, stabilize oil markets  ReutersSaudi Arabia's council of ministers reiterated the country's commitment to balancing global oil markets and preventing regional conflict amid tensions between ... Read more …