NEW YORK (Bloomberg) -- Oil fell after the biggest gain in three months as U.S. industry data showed the nations crude stockpiles increased, adding to concerns about oversupply. Futures lost as much as 1.6% in New York. Inventories rose 2.2...

IRVING, Texas (Bloomberg) -- Exxon Mobil Corp. made an indicative takeover proposal for InterOil Corp. that topped a competing $2.2-billion bid for the owner of trillions of cubic feet of natural gas discoveries in Papua New Guinea, a perso...

LONDON (Bloomberg) -- Premier Oil rose the most this month in London trading after saying its benefiting from a decline in the British pound following the UKs vote to leave the European Union. The shares climbed as much as 6.6% on Tuesday,...

NEW YORK (Bloomberg) -- Not even a sharp decline in U.S. oil production can convince investors that crude prices are ready to rebound. Stubbornly high U.S. inventories and resurgent output from OPEC, Russia and Canada have prompted money ma...

HOUSTON (Bloomberg) -- Two projects worth $45 billion announced this month show the worlds largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger m...

NEW YORK (Bloomberg) -- Oil swung between gains and losses after falling to a one-week low as investors fled to haven assets on concern the UKs vote to leave the European Union (EU) will hinder global growth. Futures dropped as much as 1.5%...

NEW YORK (Bloomberg) -- Crude headed for the biggest decline in almost five months on a gloomy outlook for the world economy and signs that oil stockpiles remain ample. Futures fell as much as 5.1% in New York as stocks slipped and the doll...

NEW YORK (Bloomberg) -- The oil market surplus that vanished last quarter, helping prices post the best quarter in seven years, may return as early as this month as disrupted supply starts to pump again. Canadian output returning from outag...

NEW YORK (Bloomberg) -- American drivers seemingly insatiable thirst for gasoline is running into a flood of supply. Refineries across the nation are operating full-out and imports are pouring into the East Coast, boosting gasoline supplies...

NEW YORK (Bloomberg) -- Oil headed for the biggest quarterly advance in seven years as falling U.S. supply added to speculation the global surplus is easing. Futures fell as much as 2.8% in New York Thursday. Still, oil is headed for its be...