Oil

Nebraska regulators are set to decide Monday whether to approve or deny an in-state route for the proposed Keystone XL pipeline. It's the last major regulatory hurdle facing project operator TransCanada Corp.

Nebraska regulators are set to decide Monday whether to approve or deny an in-state route for the proposed Keystone XL pipeline. It's the last major regulatory hurdle facing project operator TransCanada Corp.

The spill of an estimated 210,000 gallons of crude oil in South Dakota on Thursday from TransCanada's Keystone Pipeline is one of the 20 largest onshore oil or petroleum product spills since 2010.

The spill of an estimated 210,000 gallons of crude oil in South Dakota on Thursday from TransCanada's Keystone Pipeline is one of the 20 largest onshore oil or petroleum product spills since 2010.

The looming threat of a default has put the world’s largest proven oil reserves in play.

Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S. crude pipeline was shut and traders anticipated an OPEC deal to extend curbs on production.

Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S. crude pipeline was shut and traders anticipated an OPEC deal to extend curbs on production.

Oil prices ended lower again on Thursday on increased concerns about growth in U.S. production and inventories, despite expectations that major world producers will extend a supply-cut deal later this month.

Oil prices ended lower again on Thursday on increased concerns about growth in U.S. production and inventories, despite expectations that major world producers will extend a supply-cut deal later this month.

The head of the International Energy Agency Fatih Birol said on Thursday the United States would - in the long term - become the "undisputed leader of oil and gas production worldwide."

The head of the International Energy Agency Fatih Birol said on Thursday the United States would - in the long term - become the "undisputed leader of oil and gas production worldwide."

Oil prices fell for a fourth session on Wednesday after the U.S. government reported an unexpected increase in crude and gasoline stockpiles, but an increase in refining runs and a drawdown in distillates helped prices bounce off session lows.

Oil prices fell for a fourth session on Wednesday after the U.S. government reported an unexpected increase in crude and gasoline stockpiles, but an increase in refining runs and a drawdown in distillates helped prices bounce off session lows.

Oil prices fell 2 percent on Tuesday, headed for a third straight daily decline, on forecasts for rising U.S. crude output and a gloomier outlook for global demand growth in a report from the International Energy Agency (IEA).

Oil prices fell 2 percent on Tuesday, headed for a third straight daily decline, on forecasts for rising U.S. crude output and a gloomier outlook for global demand growth in a report from the International Energy Agency (IEA).

Major U.S. oil companies could face another financial setback now that Standard & Poor’s has declared Venezuela to be in “selective default”

Major U.S. oil companies could face another financial setback now that Standard & Poor’s has declared Venezuela to be in “selective default”

Oil prices held steady in a tight range Monday after briefly testing lower, with support from Middle East tensions and record long bets by fund managers balanced by rising U.S. production.

Oil prices held steady in a tight range Monday after briefly testing lower, with support from Middle East tensions and record long bets by fund managers balanced by rising U.S. production.

OPEC on Monday forecast higher demand for its oil in 2018 and said its production-cutting deal with rival producers was reducing excess oil in storage, pointing to an even tighter global market next year.