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Ethanol joins U.S. fuels dominating global export market

Exports of the additive derived from corn rose 31 percent this year to the highest level since 2011, meeting demand from South Korea to Persian Gulf oil producers.  More »

C&J Energy postpones $650 million loan as oil plunges

Lead arranger Citigroup Inc. expects to begin marketing the debt again early next month.  More »

U.S. rig count grows despite oil price slump

Future output in the U.S. is at risk with oil trading below $80 a barrel.  More »

Harold Hamm’s ex-wife appeals $1 billion divorce ruling

Divorce attorneys expressed surprise after the ruling that a billionaire’s spouse didn’t get at least 25 to 30 percent of the couple’s assets when the marriage was formally dissolved last month.  More »

Oil drop gives U.S. drillers argument to end export ban

With U.S. output at a 31-year high and imports at the lowest level since 1995, producers seeking the best possible price for crude are straining at having to keep sales at home.  More »

Brent heads for 5-year low as Saudi discounts spur competition

Futures slid as much as 1.1 percent in London and are headed for a second weekly decline.  More »

Oil prices go back on the decline

WTI for January delivery dropped 57 cents, or 0.9 percent, to end at $66.81 a barrel.  More »

Enbridge surges after asset shift, dividend boost

Enbridge said yesterday it plans to move C$17 billion worth of Canadian liquids pipelines to the Enbridge Income Fund to help pay for capital investment.  More »

Shipping can thank OPEC policy for $29 Billion in savings

Tanker owners’ earnings from hauling one-time, or spot, cargoes surged by almost 25 percent since the start of January even as oil companies and traders paid less to hire the vessels.  More »

300,000 Iraqi oil barrels signal glut will deepen

Just five days after OPEC decided to maintain production levels, Iraq, the group’s second-biggest member, inked an export deal with the Kurds that may add about 300,000 barrels a day to world supplies.  More »

WTI crude steady after U.S. stockpiles drop from five-month high

Oil fell 18 percent last month as the Organization of Petroleum Exporting Countries maintained its output target, letting prices fall to a level that may slow U.S. production growth.  More »

Oil rises after government report shows U.S. supply drop

West Texas Intermediate oil rose after a government report showed that U.S. crude inventories dropped as refineries bolstered operating rates.  More »

Sub-$50 oil surfaces in North Dakota as regional discounts swell

Crude sold at the wellhead in the Bakken shale region in North Dakota fell to $49.69 a barrel on Nov. 28.  More »

Brent rebounds from $70 as oil rout stutters

Crude is in a bear market as the U.S. pumps the most oil in more than three decades while global demand slows.  More »

Oil rally fizzles as Kurds reach deal on exports with Iraq

The deal allows the shipment of 300,000 barrels a day of Iraqi Kirkuk blend to Turkey’s Mediterranean port of Ceyhan along a pipeline operated by the Kurds.  More »