The price of oil rose more than 1 percent on encouraging manufacturing data from the U.S. and China.
Benchmark U.S. crude for January delivery rose $1.10, or 1.2 percent, at $93.82 a barrel on the New York Mercantile Exchange.
U.S. manufacturing grew in November at the fastest pace in 2½ years as factories ramped up production, stepped up hiring and received orders at a healthy clip. Chinese manufacturing continued to grow slightly last month, a survey showed, in evidence that growth in the world's No. 2 economy was continuing, albeit at a modest pace.
BISMARCK, N.D. (AP) — It took nearly two weeks for North Dakota officials to tell the public about an autumn pipeline rupture that caused more than 20,000 barrels of crude to ooze across a northwestern wheat field.
In response to extensive media coverage and criticism from environmental groups, the North Dakota Health Department will launch a website sometime this week that will enable the public to monitor reported oil spills and other hazardous leaks.
Dave Glatt, chief of the department's environmental health section, said Monday that website visitors will be able to track recent spills and those that happened as far back as 1975.
NEW ORLEANS (AP) — Jury selection began Monday for the Justice Department's case against a former BP drilling engineer charged with deleting text messages and voicemails about the company's response to its massive 2010 oil spill in the Gulf of Mexico.
Dozens of potential jurors filled a New Orleans courtroom for the start of Kurt Mix's federal trial, which is expected to last up to three weeks.
Mix, 52, a Texas resident, was indicted last year on two counts of obstruction of justice. Prosecutors claim he deliberately deleted strings of text messages to and from a supervisor and a BP PLC contractor to hamper a grand jury's investigation of the spill.
Canadian Prime Minister Stephen Harper's goal to make the nation an energy "superpower" relies on approval of a number of pipelines to carry oil to shipping terminals on the East and West coasts while demand is still high, Bloomberg reports.
CARACAS, Venezuela (AP) — The late President Hugo Chavez's dream of leveraging Venezuela's oil wealth to spread revolution across Latin America is crumbling under the weight of an economic crisis that is forcing his hand-picked successor to cut back on generous foreign aid.
COLUMBUS, Ohio (AP) — A closely watched lawsuit in Ohio is asking a question that's burning in cities and towns throughout shale country: Can regulations in states eager for the jobs and tax revenues that come with gas and oil drilling trump local restrictions that communities say protect them from haphazard development?
NEW ORLEANS (AP) — Nearly a year after energy giant BP cut a deal to a resolve a criminal investigation of its role in the worst U.S. offshore oil spill, a jury is set to hear the Justice Department's case against a former company employee accused of trying to stymie the federal investigation.
DES MOINES, Iowa (AP) — Of an estimated 1,800 gallons of diesel fuel and oil that has spilled from a towboat that sank in the Mississippi River in eastern Iowa, at least 85 percent has been removed and barge traffic has resumed on the busy waterway, the U.S. Coast Guard said Wednesday.
Energy Department Loan Program Executive Director Peter Davidson said the agency would announce up to $8 billion in new loan guarantees for fossil-fuel projects that use technology to reduce carbon dioxide emissions, Platts reports.
Uncertainty over the extension of the wind production tax credit has slowed the development of new wind-generating capacity, as producers aim to ink contracts by the year's end rather than get turbines in operation, National Journal reports.
Earthjustice filed a lawsuit against the Environmental Protection Agency over its approval of the pesticide sulfoxaflor, saying the chemical is highly toxic to bees and other pollinators, The Hill reports.
Mexican Senate committees backed draft legislation that would open the country's oil markets to outside investment, moving the package proposed by President Enrique Pena Nieto to the Senate floor for approval, Reuters reports.
China's National Development and Reform Commission released its first blueprint for responding to climate change, including better natural disaster warning systems, sustainable agriculture and conservation efforts, The Wall Street Journal reports.
Under a draft energy plan, South Korea plans to cut its reliance on nuclear power to 29 percent of its energy mix by 2035 due in part to public scrutiny of nuclear power after the Fukushima disaster in Japan and recent safety scandals, Bloomberg reports.
The European Union is expected to approve a plan to help repair the bloc's struggling carbon emissions market by delaying the release of new permits to create scarcity in the market, The Wall Street Journal reports.
Officials from Israel, Jordan and the Palestinian Authority approved an agreement to cooperate on developing new water sources for the three and join forces on protecting the Dead Sea, the Los Angeles Times reports.