CNBC5 oil stocks to buy ahead of key dataCNBCU.S. benchmark West Texas Intermediate crude oil—battered to a 34 percent loss in the last year—settled up nearly 2 percent Tuesday at its highest level since December. Still, data in recent weeks suggest the oi …

Decline of North Sea Oil Fields Forces Political Shifts in BritainNew York TimesThe British government, which has long treated the oil industry as a cash cow, was forced to confront the threat to jobs and taxes during the run-up to last year's referend …