Seeking AlphaOil Prices Gain Ahead of Inventory Data, ECB MeetingWall Street Journal“Instead of ensuring a balanced market by adjusting supply as it did in the past, Saudi Arabia, the largest OPEC producer, still shows no inclination whatsoever to reduce i …

New York TimesOil Ticks Higher but Oversupply Concerns PersistWall Street JournalLONDON—Oil rose on Wednesday with the market in a wait-and-see mode ahead of key inventory data out of the U.S. and the European Central Bank's policy meeting. Market part …

Dallas Morning News (blog)Boom goes bust for oil drillers as crude prices tumbleFortuneWith a global supply glut sending prices for crude plummeting, U.S. oil drillers are pulling up stakes as if fleeing a blown out well. The number of active oil rigs in t …