Business NewsAnalysts Raise Oil Price ForecastsOilPrice.comJust a few of months ago, analysts and investment banks slashed their oil price forecasts as OPEC's production cuts drew down the global oil oversupply slower than initially expected, and risin …

Seeking AlphaAn Iran War Is Coming - Buy Oil Stocks NowSeeking AlphaPressure on Qatar and an outreach to Iraq are near end-game moves in ramp up to confrontation with Iran. Russia will find reason to stand down and allow military escalation to damage oil s …

Wall Street Journal (subscription)Venezuela Stops Accepting Dollars for Oil Payments Following US SanctionsWall Street Journal (subscription)CARACAS, Venezuela—The government of this oil-rich but struggling country, looking for ways to circumvent U.S. sanc …

The HeraldOil producers to fortify in 90 daysThe HeraldOIL producers have finally agreed to fortify their cooking oil within 90 days with over 50 percent of the producers having already complied with the Government mandatory fortification programme, Oil Ex …

Plastics Won't Save OilOilPrice.comPetrochemicals are Big Oil's big hope for the future—the distant future. Petrochemicals are used in thousands of products, with the biggest group among these being single-use plastic products. The bad news for oil …

Telegraph.co.ukLow oil price forces Saudi Arabia to cut spending amid record budget shortfallsTelegraph.co.ukCiting official figures, Jadwa said last week that the Saudi economy grew 3.8pc in the second quarter, up from 2.4pc in the previous period, due to …

The AtlanticThe oil price slump explainedMoneyWeekOil prices have seen a volatile week or so, with benchmark measures for the price of a barrel of crude (Brent and West Texas Intermediate – WTI) seeing record spasms both higher and lower in recent sessions …

Chicago TribuneAsian stocks fall for second day on fears about oil slump, possible Greece ...Chicago TribuneOIL SLUMP: The prolonged slide in oil prices should help economic growth by reducing energy costs but the depth of the downturn has fueled concern i …

ReutersEuro plummets as global oil prices collapseAljazeera.com"The dollar keeps strengthening and weighing on oil prices, with the Federal Reserve still on track to lift rates, while non-farm data on Friday should be another decent jobs statistic,&qu …

Warning: Oil drops below $50CNNMoneyAnd leading oil producing countries, led by Saudi Arabia, have not cut back on oil production despite the dramatic fall in prices. The drop in oil prices has been good news for U.S. consumers. Lower gas prices are like a …