Top News Headlines

Oil from U.S. reserves sent overseas as gasoline prices stay high

HOUSTON (Reuters) -More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs.

Norway oil and gas workers end strike as government steps in

OSLO (Reuters) -The Norwegian government on Tuesday intervened to end a strike in the petroleum sector that had cut oil and gas output, a union leader and the labour ministry said, ending a stalemate that could have worsened Europe's energy supply crunch.

Venezuela billing Colombian pipeline for oil spills -report

Venezuelan authorities "frequently" bill Colombian oil companies over contamination caused by crude leaking from a pipeline that runs adjacent to the border shared by the two countries, a German non-profit organization said in a report this week.

Politics Video

Politics News