EagleFordTexas.com (press release) (registration)In wake of oil slump, watchful North Dakotans adjust expectationsEagleFordTexas.com (press release) (registration)WILLISTON, N.D. – Snowflakes and tumbleweeds whip past dismantled stacks of steel that used t …

ReutersOil slide slashes first-quarter profit, not investment plans at Saudi's SABICReutersYousef Abdullah al-Benyan, who took over from longtime CEO Mohamed al-Mady in February, said the fall in oil and petrochemical product prices was "out of co …

The NationalSaudi's SABIC Q1 revenues down 28 pct y/y, oil price "out of control"ReutersHe was speaking to reporters after the company, one of the world's largest petrochemicals groups, reported a 39 percent year-on-year drop in first-qua …

BloombergRecord Gasoline Output to Curb Biggest U.S. Oil Glut in 85 YearsBloombergThey'll increase output to meet consumer demand and they've added more than 100,000 barrels a day of capacity since last summer, when they processed the most oil on r …

Financial TimesInvestor appetite for oil has yet to be tested fullyFinancial TimesThe battle for supremacy in world oil markets can be seen as a contest between different economic models: between governments and markets. So far, the market-based system has …

Reuters UKAs war grows, Libya's official government in new bid for oil cashReuters UKThinni, based in the eastern city of Al-Bayda, announced late on Saturday he had authorised his internationally recognised government's oil corporation to open a s …

Bangor Daily NewsOil rebounds from early drop on modest Cushing stock buildReutersGenscape reported a 157,000-barrel hike at the Oklahoma oil hub delivery for oil from Monday through Friday last week, a trader who saw the data said, adding that the "m …

FortuneOil drops toward $59 on dollar, stock buildsReutersOil inventories are rising across the world as production outstrips demand, offsetting geopolitical tensions in the Middle East and the risk of output cuts in Libya and Iraq. Brent LCOc1 was down 30 …

FuelFix (blog)OPEC Sec-Gen says oil market should return to balance in H2 2015ReutersMANAMA (Reuters) - The Organisation of the Petroleum Exporting Countries (OPEC) Secretary-General said on Sunday OPEC and non-OPEC producers should work together to stabil …

Al-ArabiyaEU sanctions target 'middleman' between Assad government, IS oilMiddle East EyeThe European Union has published a list of new sanctions targeting supporters of Syrian President Bashar al-Assad. The latest list, made public on Saturday, in …