Wall Street JournalOil Price Drop Vanquishes Cutting-Edge ProjectsWall Street JournalAs of March, the oil industry has deferred or canceled $270 billion in projects since crude prices began crashing nearly two years ago, according to estimates from Norway- …

Financial TimesOil prices knocked by US inventory dataFinancial Times“Oil sands output is being reduced,” said Facts Global Energy, a consultancy. “The reduction in output is not due to direct effects from the fires at the moment, but largely due to operat …

Financial TimesOil price loses steam despite Alberta wildfiresFinancial TimesOil prices were volatile after two days of losses as investors weighed potential production outages in Canada against data showing another increase in US crude stocks. Brent crude …

The Seattle TimesOil is cheap. Why don't we feel better?The Seattle TimesOil prices, which have collapsed since the summer of 2014, have caused Exxon's debt to more than triple over the past few years. But it's not only an oil major that's …

Wall Street JournalTexas, Oklahoma, Wyoming: Oil Woes Start to Hit HardWall Street JournalThe slump in crude prices is starting to show up as missed payments by consumers in the oil patch. In states from Oklahoma and Texas to North Dakota and Wyoming, risi …

Wall Street JournalLaid-Off Oil Workers Struggle to Pay Loans, Credit CardsWall Street JournalThe slump in crude prices is starting to show up as missed payments by consumers in the oil patch. In states from Oklahoma and Texas to North Dakota and Wyoming, …

Wall Street JournalOil Fallout: Husky's Relief Comes at Somebody Else's ExpenseWall Street JournalCanadian oil firm Husky Energy, HUSKF -1.98 % controlled by Mr. Li, said Monday it would sell a 65% stake in its pipeline and oil storage assets to tw …

BBC NewsLow oil price pushes BP to $485m lossBBC NewsBP has sunk to a $485m (£334m) loss for the three months to March as low oil prices took their toll. The loss, on the replacement cost measure, compared with a $2.1bn profit for the same period last year …

QuartzOne of oil's founding families is divesting from fossil fuels, and slamming ExxonMobil in the processQuartzThe nonprofit trust, which has a $130 million endowment devoted largely to grants for environmentalism, women's rights, and civic watch …

Financial TimesAmid the oil price crash, Rosneft is running to stand stillFinancial TimesThis counterintuitive move highlights a paradox driving the Russian oil industry — thanks to the weakness of the rouble and the nature of the country's tax system, …