Oil Drillers' Vanishing Safety NetBloombergA lot of companies view revolving credit lines the way some rock climbers view harnesses and ropes: They would rather not use them, but they're glad to have them when trouble strikes. So it's worth pay …

Oil Drillers' Vanishing Safety Net - Bloomberg Gadfly - Bloomberg.comBloombergBanks are inclined to cut back when energy companies flash signs of weakness.and more » Read more http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNFVfMKj …

Why Oil Demand May Be Higher Than ExpectedWall Street Journal (subscription)Investors fretting about too much oil supply may get some cheer from demand, or at least the statistics that consistently underestimate it. The International Energy Agency's cl …

BloombergWith Shale Oil Production Like This, Who Needs Trump?BloombergThe current boom in U.S. oil production is even stronger now than the run from July 2011 to April 2015. And this is with oil prices at half their previous level and before President Don …

US Oil Producers Ramp Up SpendingWall Street JournalU.S. oil producers, optimistic that higher crude prices are here to stay, have issued 2017 budgets that call for dramatically greater spending to tap new wells. Preliminary capital-spending plans released …

New York TimesIran Races to Clinch Oil Deals Before Donald Trump Takes OfficeNew York TimesTEHRAN — President Hassan Rouhani of Iran is racing to sign as many oil deals with Western companies as he can, before hard-liners at home and President-elect Donald …

Wall Street JournalCanadian Oil Producers Cenovus, Crescent Point Ramp Up SpendingWall Street JournalCenovus Energy Inc. and Crescent Point Energy Corp., two big Canadian oil-sands producers, signaled a return to growth in the country's oil patch with …

BloombergAirlines to Take First Profit Hit Since 2011 as Oil Price ClimbsBloombergWhile airlines have this year been reaping record profits following a slump in the price of crude, IATA reckons a barrel of oil will average $55 in 2017, up from $44.60, lift …

Russia's Central Bank Sticks To Oil Price ForecastsOilPrice.comThe central bank of Russia has no plans to revise its current oil price estimates for the next 12 months despite the OPEC deal that saw international oil benchmarks pass the US$50 barrier a …

MarketWatchOil prices pull back as investors cash in on one-year highsMarketWatchOil futures retreated from one-year highs on Tuesday, as traders took profits following the sharp rally in the wake of last week's decision by the Organization of the Petr …