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U.S. crude topped $48 a barrel and international benchmark Brent traded above $50 for the first time in six weeks on Thursday as the world's biggest producers prepared to discuss a possible freeze in output levels.West Texas Intermediate (WTI) crude futures were up $1.16, or...

Christopher Alessi The Wall Street JournalMUNICH—German industrial giant Siemens AG SIEGY 0.91% managed to do in its third quarter what many of its competitors have struggled to achieve: make money in the energy business.Siemens on Thursday raised its guidance for fiscal year 2016 following strong results...

By Enterprise editorial staff This week brought some mixed news about expansion projects at ExxonMobil but a common denominator was the value of foreign trade in creating jobs right here in the United States.On the plus side, ExxonMobil announced a $450 million upgrade to its Beaumont...

BISMARCK, N.D., June 27 (UPI) -- North Dakota gained two rigs from last week as stability in the crude oil market brought some players back to shale, state data for Monday show.State data show 30 rigs actively exploring for or producing oil...