CALGARY (Bloomberg) -- Oil headed for a third weekly loss amid concern escalating trade rows would undercut energy demand, undermining reassurances from Saudi Arabia that it wont flood global crude markets. Futures pared gains in New York o...

HOUSTON (Bloomberg) -- The worlds biggest oilfield-service companies may have finally found something to talk about beyond the U.S. shale boom. The oil explorers they serve are forecast to boost spending for a second straight year. While No...

NEW YORK (Bloomberg) -- Suddenly, diversity is in again for the oil business. Explorers with a hand in multiple fronts -- from onshore to deepwater, pumping crude to refining it -- are trading at a premium to pure-play U.S. shale drillers,...

DUBAI (Bloomberg) -- Iraq exported oil at the fastest pace since late 2016 during the first half of July, indicating OPECs second-largest producer is pumping more after the group eased production limits. Crude shipments during the first two...

MOSCOW (Bloomberg) -- Iran said Russia is ready to invest as much as $50 billion in its oil industry even as Western majors are pulling out of deals with the republic amid the threat of U.S. sanctions. President Vladimir Putin has confirmed...

HOUSTON (Bloomberg) -- Want to rent an apartment near the biggest U.S. oil patch? Itll cost you. Rent in West Texas, home to the Permian basin, climbed to the highest since at least 2005, based on data from apartment rental website RENTCafe...

NEW YORK (Bloomberg) -- The U.S. government sees oil production further climbing next year even amid transportation logjams in the countrys most prolific shale play. The Energy Information Administration sees U.S. crude output averaging 11....

CALGARY (Bloomberg) -- Canadian crude supplies may remain tight in the coming weeks as Suncor Energy Inc. works to bring its massive Syncrude oil-sands operation back online, a process that the company said wont be completed until September...

LONDON (Bloomberg) -- SP Global Platts, the company that sets the key price of Brent crude, is contemplating the eventual incorporation of U.S. oil to help calculate one of its newest European benchmarks, a sign of just how much Americas bo...

DUBAI (Bloomberg) -- The Islamic Republics OPEC governor, Hossein Kazempour Ardebili, said tweets by Irans nemesis in the White House are backfiring, by sending prices higher, and undermining U.S. allies. Your tweets have driven the prices...