• Traders financing floating oil storage

    The waters between Singapore and Malaysia used to heave with wooden ships carrying exotic spices. Now the Straits of Malacca are filled with vessels carrying a... ...

    The waters between Singapore and Malaysia used to heave with wooden ships carrying exotic spices. Now the Straits of Malacca are filled with vessels carrying a very different sort...

  • Oil slides for fourth straight day

    Oil dropped for a fourth day as producers in Canada worked to resume operations after wildfires curbed output and Iran continued to raise exports amid a global... ...

    Oil dropped for a fourth day as producers in Canada worked to resume operations after wildfires curbed output and Iran continued to raise exports amid a global surplus. July future...

  • Oil posts second consecutive weekly gain

    Oil fell Friday as the expiration of the June contract in New York spurred selling by traders who don’t intend to take delivery of barrels next month, but close... ...

    Oil fell Friday as the expiration of the June contract in New York spurred selling by traders who don’t intend to take delivery of barrels next month, but closed up for the week --...

  • Drillers pause in shutting down rigs

    Oil explorers in the U.S. put a pause on their rig cancellations this week as improving technology and rising prices make some basins more profitable. Rigs targ... ...

    Oil explorers in the U.S. put a pause on their rig cancellations this week as improving technology and rising prices make some basins more profitable. Rigs targeting crude in the U...

  • Spill dumps 120,000 gallons in North Dakota

    Crews in North Dakota excavated pastureland after more than 120,000 gallons of oil and drilling wastewater overflowed from a tank, the state Health Department s... ...

    Crews in North Dakota excavated pastureland after more than 120,000 gallons of oil and drilling wastewater overflowed from a tank, the state Health Department said Friday. The spil...

  • Banks increasing credit squeeze on drillers

    Banks that have cut billions of dollars from U.S. oil and gas drillers’ credit lines are trying to make it even harder for the beleaguered companies to borrow.... ...

    Banks that have cut billions of dollars from U.S. oil and gas drillers’ credit lines are trying to make it even harder for the beleaguered companies to borrow. At least three law f...

  • Market Currents: Five things to consider in oil markets today

    One hundred and forty-three years after Levi Strauss began marketing blue jeans with copper rivets, and the oil market is trying to make strides higher once aga... ...

    One hundred and forty-three years after Levi Strauss began marketing blue jeans with copper rivets, and the oil market is trying to make strides higher once again. But keeps changi...

  • China’s cheap coal slows switch to natural gas

    China’s effort to promote natural gas over coal to cut pollution is facing resistance from buyers who prefer cheaper to cleaner. The world’s largest energy cons... ...

    China’s effort to promote natural gas over coal to cut pollution is facing resistance from buyers who prefer cheaper to cleaner. The world’s largest energy consumer seeks to raise...

  • Fire cuts production at NRG solar power plant

    PRIMM, Nev. (AP) — A small fire shut down a generating tower at the world's largest solar power plant, leaving the sprawling facility on the California-Nevada b... ...

    PRIMM, Nev. (AP) — A small fire shut down a generating tower at the world's largest solar power plant, leaving the sprawling facility on the California-Nevada border operating at o...

  • Midwest pipeline construction begins

    ABERDEEN, S.D.  — Construction is underway in three of four states on a $3.8 billion pipeline that will carry oil from western North Dakota to Illinois. Work on... ...

    ABERDEEN, S.D.  — Construction is underway in three of four states on a $3.8 billion pipeline that will carry oil from western North Dakota to Illinois. Work on the Dakota Access P...

  • Oil aims for second weekly advance

    Oil headed for a second weekly advance as U.S. crude production continued to decline and firefighters defended Canadian oil-sands operations from wildfires. Fut... ...

    Oil headed for a second weekly advance as U.S. crude production continued to decline and firefighters defended Canadian oil-sands operations from wildfires. Futures in New York ros...

  • Canadian energy board signs off on Kinder Morgan’s Trans Mountain pipeline

    Canada’s chief energy regulatory body on Thursday recommended the approval of Houston-based Kinder Morgan's $5.4 billion Trans Mountain oil pipeline expansion.... ...

    Canada’s chief energy regulatory body on Thursday recommended the approval of Houston-based Kinder Morgan's $5.4 billion Trans Mountain oil pipeline expansion. The National Energy...

  • Crude output in Iraq has likely peaked

    Crude output in Iraq, OPEC’s second-largest producer, has probably peaked and is likely to fall short of the country’s target over the next two years, according... ...

    Crude output in Iraq, OPEC’s second-largest producer, has probably peaked and is likely to fall short of the country’s target over the next two years, according to an official with...

  • Feds fault Plains All American for California spill

    LOS ANGELES — An Houston pipeline company responsible for a massive spill on the California coast a year ago didn't do enough to prevent corrosion and its opera... ...

    LOS ANGELES — An Houston pipeline company responsible for a massive spill on the California coast a year ago didn't do enough to prevent corrosion and its operators didn't detect a...

  • Oil slips in face of stronger dollar

    Oil slipped  a second day as the dollar advanced against other currencies on growing speculation that the Federal Reserve will raise interest rates as soon as n... ...

    Oil slipped  a second day as the dollar advanced against other currencies on growing speculation that the Federal Reserve will raise interest rates as soon as next month. Futures s...