NEW YORK and LONDON (Bloomberg) -- Oil extended losses below $60/bbl on the prospect of easing tensions between the U.S. and OPEC member Iran, and as Gulf of Mexico producers began resuming .........
see more >>SINGAPORE and LONDON (Bloomberg) --Oil traded near $60/bbl after a storm shut almost three-quarters of U.S. Gulf of Mexico crude production, even as lingering demand concerns continue to den.........
see more >>BOSTON (Bloomberg) -- Tropical Storm Barry is barreling toward Louisiana and could hit the coastline as a hurricane by Saturday, causing close to $1 billion in damage and worsening flooding .........
see more >>BOSTON (Bloomberg) -- Tropical Storm Barry is barreling toward Louisiana and could hit the coastline as a hurricane by Saturday, causing close to $1 billion in damage and worsening flooding .........
see more >>NEW YORK (Bloomberg) -- Oil rode a tide of bullish news to its highest price in almost two months as a potential hurricane roiled the Gulf of Mexico and U.S. crude inventories dropped. Futur.........
see more >>RIO DE JANIERO and MEXICO CITY (Bloomberg) -- Mexicos moratorium on auctioning off its oil riches to foreign producers is giving a leg up to nearby rivals Brazil and Guyana. Mexico President.........
see more >>DUBAI (Bloomberg) -- Iran said an oil tanker that was seized by British forces near Gibraltar wasnt destined for Syria. The ship was navigating in international waters, Deputy Foreign Minist.........
see more >>KUWAIT and LONDON (Bloomberg) -- Saudi Arabia and Kuwait are the closest in years to restoring oil output from the neutral zone shared by the neighboring nations after making a breakthrough .........
see more >>HOUSTON -- Marathon Oil Corporation (NYSE: MRO) announced today the company has closed on the sale of its UK business, which consists of the Brae area fields and Foinaven, to RockRose Energy.........
see more >>SINGAPORE and BEIJING (Bloomberg) -- As storm clouds gather over the worlds top oil-consuming region, OPEC and its allies would be advised to pay close attention as they prepare to make a ke.........
see more >>SYDNEY (Bloomberg) -- Oil extended its rally after the U.S. said it was preparing new sanctions against Iran, further escalating tensions between the two states. Futures in New York were up .........
see more >>SAN FRANCISCO (Bloomberg) --Oil skeptics are gaining ground fast as the outlook for global demand worsens. Hedge funds boosted their bets that West Texas Intermediate crude will fall by 46%,.........
see more >>LONDON (Bloomberg) -- Global oil supplies will increase far more than demand next year with the start of a host of new projects, putting further pressure on the OPEC cartel, the Internationa.........
see more >>JOHANNESBURG (Bloomberg) -- Months after a major discovery by Total SA boosted the countrys hydrocarbon prospects, Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second.........
see more >>WASHINGTON (Bloomberg Opinion) -- Last weekend, Russia launched the last of a new crew of atomic icebreakers meant to consolidate the countrys dominance of commercial traffic in the Arctic. .........
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