Oil Prices Slammed As Dollar Suddenly Breaks OutOilPrice.comAnother week kicks off with oil under the influence of OPEC and producer rhetoric. As prices fell below the psychological support at $50/bbl, hark, here are five things to consider in oil markets …

Business Recorder (press release) (registration) (blog)Chinese engineering company launches its service in PakistanBusiness Recorder (press release) (registration) (blog)LAHORE: China National Electric Engineering Co. (CNEEC) on Thursday launched its servi …

AlterNetWave Of Profit-Taking Keeps Oil From Breaking OutOilPrice.comForty-one years to the day after the birth of chef Jamie Oliver, and the recent rally in oil is looking a wee bit overcooked, after having a nibble at the $50 mark. Dollar strength return …

Hercules Offshore to File for Chapter 11 Again, Hit by Oil Price SlumpWall Street JournalLast year, Hercules seemed to be taking a proactive approach to its finances, filing for bankruptcy in August, relatively early in the oil and gas downturn, after stri …

Barron'sOil Companies Ultra Petroleum, Midstates File for BankruptcyWall Street JournalTwo more publicly traded oil and natural gas companies, with combined debts of more than $5.8 billion, filed for chapter 11 bankruptcy protection in Texas as the industr …

FortuneOil company Quicksilver Resources files for bankruptcy protectionFortune(Reuters) – Quicksilver Resources and its U.S. units filed for Chapter 11 bankruptcy protection on Tuesday, adding to a list of oil and gas producers who have folded amid low oi …