Spain's oil deposits and fracking sites trigger energy gold rush

Spain is already the world's largest olive oil producer but now it's looking to a very different kind of oil to pull it out of economic decline: petroleum.

Exclusive: Foreign investors set to sue Spain over energy reform

MADRID (Reuters) - Foreign investors in renewable energy projects in Spain have hired lawyers to prepare potential international legal action against the Spanish government over new rules they say break their contracts.

Oil Rises on China Stimulus Speculation and Spain Budget

Oil advanced from an eight-week low on speculation China’s government will bolster stimulus efforts and as Spain’s cabinet met to approve a 2013 austerity budget.

Trade deficit narrows on exports, cheaper oil

(Reuters) - The trade deficit narrowed slightly in May as lower oil prices and a rise in exports, including those bound for Europe and China, eased the pain of a slowdown in the broader economy.