Lastest Oil News

North Dakota tornado strikes oil field camp, destroys 12 RVs
(CNN) — A tornado that ripped across part of North Dakota damaged an oil field camp and destroyed at least a dozen recreational vehicles, officials said. The twister touched down Monday evening about six miles south of Watford City, the McKenzie …
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Vietnamese Vessel Sinks in Clash Near Oil Rig
BEIJING — A Chinese fishing vessel rammed and sank a Vietnamese fishing boat near the Chinese deepwater oil rig that was placed in disputed waters off the coast of Vietnam, according to the state-run Vietnamese television network, VTV1. Vietnamese …
Read more on New York Times

UPDATE 8-Oil slips on profit taking but supported by Ukraine, Cushing
NEW YORK, May 27 (Reuters) – Crude oil futures edged lower on Tuesday as traders took profit after a long holiday weekend, with prices supported by violence in Ukraine and expectations for a draw on U.S. crude stocks at the Cushing, Oklahoma hub.
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