The Globe and MailOil prices dip on supply glutThe Globe and MailCrude futures fell about 2 per cent on Friday as traders paid little heed to a drop in the number of U.S. rigs drilling for oil and focused instead on a supply glut and declining stock prices …

Sydney Morning HeraldDrillers idling rigs again in the US as oil price swingsSydney Morning HeraldUS oil explorers returned to idling rigs this week as crude traded at a six-year low on concerns that a global surplus will worsen. Rigs targeting oil in the …

CBC.caBank of Canada sees 'encouraging signs' outside of oil sectorCBC.caThe sectors were interviewed between October 2014 and January 2015, when the oil price shock led to an "atrocious" first quarter, as described by Bank of Canada gove …

CBC.caBank of Canada sees 'some encouraging signs' outside of oil sectorCBC.caThe sectors were interviewed between October 2014 and January 2015, when the oil price shock led to an "atrocious" first quarter, as described by Bank of Canada …

Wall Street Journal (blog)Beware the Double Dip in Oil PricesWall Street Journal (blog)Global oil prices posted their largest monthly gain in almost six years in April and are up more than 40% since their lows earlier this year. But is that rally sustainab …

TODAYonlineOil's 45% rebound could be testing nerves of markets and policymakersEconomic TimesThese measures have ranged from interest rate cuts to bond-buying "quantitative easing" programmes. All have been in response to the fall in inflati …

Financial PostRisk of US$32 oil price as U.S. heating demand fadesFinancial PostThe price of ultra-low-sulfur diesel, which is traded as a proxy for heating oil, surged to US$2.30 a gallon on Friday, the highest premium in 14 months to West Texas Intermedi …

CNBCOil steadies around $61, Kuwait sees prices supportedCNBCOil steadied around $61 (£39.5) a barrel on Monday, holding gains from last week, after Kuwait's oil minister said lower supply levels would support prices in the second half of the year. The …

Oil climbs up again: Here's why prices could easily come downEconomic Times"We cannot predict nor control the length or depth of this oil price correction or the timing and extent of the rebound," John J. Christmann IV, Apache's chief exe …

Oil on Wild Ride; How Will It End?ABC NewsThe price of oil is on a wild ride, and there is little agreement on where it's headed. After falling nearly 60 percent from a peak last June, the price of oil has now bounced back 19 percent since late January …