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Oil Rises Ahead of Data Likely to Show Further Drop in US Drilling – Wall...

[embedded content] By Christian Berthelsen and Christian Berthelsen The Wall Street Journal CANCEL Biography Christian.Berthelsen@wsj.com @CBerthelsenWSJ Georgi Kantchev Georgi Kantchev The Wall...

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Texas braces for massive layoffs amid oil slump – CBS News

MIDLAND, Texas — In Texas oil country, lower oil prices have led to prayers at the Jack County Courthouse for families who depend on oil drilling to make a living. The state is home to the Permian...

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US Running out of Room to Store Oil; Price Collapse Next? – ABC News

This March 13, 2012 photo shows older and newly constructed 250,000 barrel capacity oil storage tanks at the SemCrude tank farm north of Cushing, Okla. For the past seven weeks, the United States has...

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Saudi Oil Minister: OPEC Is Neither Dead Nor Waging War On Shale Oil – Forbes

Saudi Oil Minister Ali Al-Naimi gave a speech in Berlin today. Here’s the full text as provided by the ministry. I’ve highlighted the important bits like where he talks about how Saudi Arabia is not...

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Oil in biggest weekly drop since January on dollar, rate-hike fear – Reuters

An oil well pump jack is seen at an oil field supply yard near Denver, Colorado February 2, 2015. Credit: Reuters/Rick Wilking (Reuters) – Crude oil prices closed down on Friday, with benchmark Brent...

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As reserves climb, oil slips toward $59 a barrel – Bangor Daily News

Clem Murray | Philadelphia Inquirer The Aker Philadelphia Shipyard processes a lot of shipments of crude oil. As production of crude oil outstrips demand and reserves grow worldwide, the price per...

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US oil ekes out gains, closes at $32.15 a barrel – CNBC

U.S. oil prices closed higher Wednesday in seesaw trading, as strong U.S. gasoline demand offset worries over record high crude stockpiles. U.S. government data showed crude stockpiles rose 3.5...

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Oil Prices Fall Back After Recent Gains – Wall Street Journal

Oil prices sold off sharply Tuesday, giving back a big chunk of prior-day surge, as fresh signals of global oversupply and weak demand buffeted the market and analysts cautioned that the recent market...

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Oil Prices Fall Back After Recent Gains – Wall Street Journal

Oil prices sold off sharply Tuesday, giving back a big chunk of prior-day surge, as fresh signals of global oversupply and weak demand buffeted the market and analysts cautioned that the recent market...

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