HOUSTON -- Marathon Oil Corp. has signed an agreement for the sale of its operated producing properties in the greater Ewing Bank area and non-operated producing interests in Petronius and Neptune fields in the Gulf of Mexico for $205 milli...

DUBAI (Bloomberg) -- Oil demand will soon reflect the attractiveness of the current level of crude prices, and Asia will be a vital engine of economic expansion for decades, Saudi Oil Minister Ali al-Naimi said. OPECs chief joined him in se...

WASHINGTON, D.C. -- The free trade of Americas abundant energy resources would provide an invaluable opportunity for the U.S. to help strengthen and stabilize global energy markets, especially if China is engaged as a partner, according to...

MEXICO CITY (Bloomberg) -- Mexico isnt breaking up with U.S. oil refiners, but it sure seems like it wants to see other people. Mexico reduced its crude exports to the U.S. in September to the lowest level in more than 25 years as it looks...

MAHMOUD HABBOUSH ABU DHABI (Bloomberg) -- Improving economies in Europe and elsewhere together with a continued decline in output of shale oil point to a recovery in demand for crude and an increase in prices next year, according to United...

STEPHEN BIERMAN MOSCOW (Bloomberg) -- Russian oil production broke a post-Soviet record in October for the fourth time this year as earlier investments boosted output and producers prove resilient to lower crude prices. Production of crude...

HOUSTON (Bloomberg) -- While oil drillers cut spending to the bone, U.S. refiners are reaping a windfall from low oil prices. Tesoro Corp. reported record profit in the third quarter, while Valero Energy, Phillips 66 and Marathon Petroleum...

SERENE CHEONG SINGAPORE (Bloomberg) -- Crude prices that have almost halved in the past year are unsustainable at current levels as cuts to investments and postponement of projects will lead to a decline in supply growth, according to Norwa...

MIKAEL HOLTER STAVANGER, Norway (Bloomberg) -- Statoil ASA, Norways biggest oil company, said third-quarter earnings fell 60% as the average crude price in the period dropped to the lowest since 2009. Adjusted net income, which excludes fin...

JAKARTA, Indonesia (Bloomberg) -- Indonesias forest fires are cutting the countrys crude oil production and briefly shut a BP Plc gas plant this month, in the first signs the haze pollution is affecting industry. Haze from the fires on Suma...