MarketWatch | Oil pivots, gains the most since June 2012 MarketWatch About half of the world's oil-producing projects aren't economical if oil prices remain below $50 a barrel and falling production levels will likely help restore the balance in oil markets by 2016, Gordon Kwan, Nomura's head of oil research, said in a ... Cheap Oil Good News for Consumers, Mixed Bag for U.S. Industry Oil prices spike ahead of options expiry Oil prices in sharp 5% rally |