Steel union sellout leaves oil workers at mercy of energy giantsWorld Socialist Web SiteThe sellout agreement the United Steelworkers reached with lead industry bargainer Shell last week has been a signal for the rest of the energy companies to demand even …

CNBCOil Futures Fall In European TradeWall Street JournalA global oversupply of the commodity, coupled with tepid demand, has driven oil down more than 50% since last summer. In January alone, Nymex WTI lost 9.4% and has been down for seven consecutive mon …

Wall Street JournalCrude-Oil Futures Fall About 3% in Asian TradingWall Street JournalDrilling rigs in North America may fall by 30% to 40% this year, along with spending cuts of a similar magnitude among oil companies, which should support a recovery in o …