BloombergHow to Squander an Oil GlutBloombergThe world uses about 95 million barrels of oil a day. But oil refiners see a world using only 82 million barrels a day. That's a lot of missing oil. Before any oil bulls start looking for the nearest window …

ForbesWhy Oil's Snapback Rally Could Be Short LivedForbesI will never forget something I heard at a party, circa 2006 or 2007. I didn't know the guy who said it. In fact, I don't remember whether he was talking to me or I overheard it, the way …

Vitol posts 13% rise in traded oil volumes in 2015Financial TimesVitol, the world's largest independent oil trader, posted a large jump in traded oil volumes in 2015 as the crash in prices boosted profitable opportunities for nimble traders. Total trad …

Financial TimesPalm oil dearth lifts soyabeansFinancial TimesThe El Niño weather phenomenon, which has continued to exert its influence, has hit the production of palm oil, boosting prices. This in turn has buoyed soyabeans, which are processed into oil — …

Financial TimesPetrobras posts record loss amid oil routFinancial TimesPetrobras, the state oil company at the centre of Brazil's largest corruption scandal, recorded its biggest loss on record in the fourth quarter as oil prices slid. The Rio de Janei …

Financial TimesThe Current Oil Price Rally Is Reaching Its LimitsOilPrice.comOil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent overs …

China's Oil Majors See Production In Biggest Fields ShrinkOilPrice.comChina holds proved oil reserves of 24.6 billion barrels, according to EIA data, which makes it the most oil-rich country in the Asia-Pacific, after Russia. It has been actively devel …

Financial TimesOil and gas: Debt fears flare upFinancial TimesSince the decline in oil prices began in mid-2014, activity in the Eagle Ford, one of the heartlands of the shale revolution, has slowed sharply. The number of rigs drilling for oil has dropped …

Financial TimesBondholders suffer $150bn oil price hitFinancial TimesInvestors have suffered losses of at least $150bn in the value of oil and gas company bonds, as the slump in crude prices since the summer of 2014 has fuelled fears of a wave of defaults …

ForbesWhat Now For Oil?ForbesEnergy is life. Cheap energy is therefore great news. The collapse of the oil price is seen by many as a bad thing, but a glut of oil is the fuel for growth, not a calamity. High prices are the cure for high prices, so the sayi …