WiredFor These Post-Soviet Nations, Big Oil Offers Hope and FearWiredA fence surrounds Renaissance Hotel in Atyrau, a new oil capital of Kazakhstan. A tiny fishermen town started its rise since the giant Kashagan oil field was discovered nearby. The inhabi …

Wall Street JournalIn Oil, Aberdeen Struggles With Price, OutputWall Street JournalABERDEEN, Scotland—When he was laid off in December, Sean Murphy thought he would easily find a new job with his 30 years of experience as a supervisor on oil rigs all over …

Oil dips, pressured by disappointing GDP figureMarketWatchCrude-oil futures lost ground Wednesday, hurt by a softer-than-anticipated reading on U.S. economic growth, though they have recovered after slumping immediately after the report. Investors also are …

CNNMoneyBoone Pickens to Texas: Don't panic. Oil is going higherCNNMoneyEven though inventories are sitting at record highs, Pickens is standing by his call for oil to rise to $70 a barrel by the end of the year before rising to $90 to $100 in the next …

CNBCThe low oil price CEOs think will last for yearsCNBCThe global oil industry is bracing for a long period of lower prices. "I think people need to settle in for us to be in a different price environment for at least a couple of years and then we&#3 …

BBC NewsOil prices 'will hit optimum level' as demand growsBBC NewsIndustry leaders at the World Economic Forum on East Asia have said they expect oil prices to rise further. The leaders, meeting in the Indonesian capital, Jakarta, said the long-te …

USA TODAYWall Street bets on oil price rallyUSA TODAYIf the whims of speculators are anything to go by, then oil markets are poised for a rebound. Data from the Commodity Futures Trading Commission show that bullish positions on WTI have reached their high …

Wall Street JournalOil futures pull back ahead of supply updateMarketWatchJune Brent crude LCOM5, -0.80% on London's ICE Futures exchange fell 50 cents, or 0.8%, to 62.97 a barrel. Oil prices on Monday were mixed, with Nymex crude settling 1.2% higher, …

CNNMoneyMore oil industry pain: Halliburton slashes 9000 jobsCNNMoneyThe Houston-based oil field services firm said the job cuts represent more than 10% of its workforce. The company had previously estimated that falling prices would necessitate reducing i …

FuelFix (blog)Halliburton Says Has Cut 9000 Jobs in Wake of Oil's DropABC NewsHalliburton Co. has cut 9,000 jobs — more than 10 percent of its workforce — in about six months and is considering more cost-cutting moves as falling oil prices sap demand f …