Barron'sEnergy Explorers Pained by Lower Oil PricesBarron'sDevon (ticker: DVN) (rated at Buy) reported second-quarter adjusted earnings per share of 34 cents, splitting the 32 cents consensus and our 36 cents estimate. Overall volumes were in line [with ex …

Wall Street Journal (subscription)Oil Edges Down After Week of GainsWall Street Journal (subscription)Oil prices edged down on Tuesday, following a week of straight gains that brought the global oil benchmark above $50 a barrel for the first time in two mo …

Wall Street Journal (subscription)Oil Mixed On Hopes for Tighter SupplyWall Street Journal (subscription)Oil prices were mixed on Tuesday, following a week of straight gains that brought the global oil benchmark above $50 a barrel for the first time in two …

Oil tops $48 as sources say API data show big drop in US crude supplyMarketWatchOil prices topped $48 a barrel late Tuesday after the American Petroleum Institute reported that U.S. crude supplies dropped 10.2 million barrels for the week ended July 21, ac …

The Coming Squeeze for Shale Oil DrillersWall Street Journal (subscription)Rising profits for oil-service companies usually means oil producers are making money, too. But when the producers are drilling high-cost oil from shale, rising expenses could squee …

Financial PostEncana and Husky post diverging results amid oil price slumpFinancial PostThe company's margins improved 25 per cent in the quarter despite the drop in oil prices, Encana president and CEO Doug Suttles said during an earnings call. “We do …

Barron'sOil Prices Slip On Falling OPEC ComplianceOilPrice.comOil prices posted more gains this week, as the EIA reported deeper inventory reductions with Brent briefly traded above $50 per barrel for the first time in nearly two months on Thursday. There …

Chron.comUS oil producers idle two rigsChron.comDrillers pulled two rigs out of the U.S. oil patch this week in a delayed reaction to lower oil prices, Baker Hughes said Friday. Oil companies idled one oil rig and one gas rig, bringing the total U.S. rig c …

Wall Street Journal (subscription)Schlumberger CEO Blames US Investors for Stagnant Oil PricesWall Street Journal (subscription)U.S. investors are driving down the price of oil by shoveling too much money into American shale companies, the chief executive …

Is Big Oil Betting On The Wrong Horse?OilPrice.comMany oil majors have steered their strategies and investments into natural gas, aiming to seize the projected global gas demand growth as the world shifts away from coal-fired power generation. Oil and gas …