The Globe and MailMoody's downgrades of Cenovus and Encana stoke worries in oil patchThe Globe and MailMoody's Investors Service's downgrade of debt held by Cenovus Energy Inc. and Encana Corp. to junk status shows that financial strains from o …

The Globe and MailCenovus to sell up to $5-billion in securities amid oil slumpThe Globe and MailCanadian oil producer Cenovus Energy Inc. said it may sell up to $5-billion of stock, debt or other securities, a day after it announced a dividend cut, as the …

More Cuts Loom as Oil Nears $25Wall Street JournalAs crude prices slide toward $25 a barrel, many oil companies have little choice but to start making the steep cost cuts they have avoided up until now, jettisoning every well that can't break even or i …

Wall Street JournalCuts Loom as Oil Nears $25Wall Street JournalAs crude prices slide toward $25 a barrel, many oil companies have little choice but to start making the steep cost cuts they have avoided up until now, jettisoning every well that can't b …

KING5.comGrays Harbor biodiesel plant cancels plan to ship crude oilThe Seattle TimesThe new owner of the mammoth Grays Harbor biodiesel plant has pulled the plug on the controversial idea of using the facility to ship U.S. crude oil unloaded from trains. …

CNBCLow oil has an upside for refiners: Energy CEOsCNBCU.S. crude oil inventories fell by 5.1 million barrels from the previous week, while U.S. gasoline spiked to 10.1 million barrels last week, according to the Energy Information Administration. "Th …

MarketWatchStocks continue to slide as oil dips below $38MarketWatchThe focus on oil comes as an interest-rate hike this month is considered a near certainty. The market is pricing in a 79% probability that the Fed will raise interest rates at next week&#3 …

MarketWatchDow briefly falls more than 200 points as oil dips below $38/bbl.MarketWatchU.S. stocks extended losses in late-morning trade Monday, pushing the Dow industrials into negative territory for the year, as the market pulled back from Friday's b …

Globalnews.caCalgary post-oil plunge: uncertainty and opportunityGlobalnews.caCALGARY – A year into the global oil price plummet, and Calgary's boom-and-bust economy is decidedly leaning towards bust. Home prices are down, unemployment is up, and no on …

Yahoo NewsUAE channels oil money into alternative energyYahoo NewsSitting on 5.9 percent of the world's oil reserves and 3.1 percent of its natural gas, the UAE, a federation of seven sheikhdoms, is a key player in the global energy market. The discove …