WorkBoat (blog)Driftless oil tanker symbolizes OPEC's struggleWorkBoat (blog)(Bloomberg) — If a single ship can capture the current state of the global oil market, it's the supertanker Saiq, floating idly about 530 miles south of the Canary Islands …

CBC.caOil sands firms to cut spending for third straight yearThe Globe and MailCanada's oil sands industry will chop spending for a third consecutive year as weak prices and pipeline capacity shortages stoke uncertainty about future growth, a major ind …

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 …

Speculative Money Fuelling Oil Rally – Energy JournalWall Street Journal (blog)The OPEC agreement to pare back output has got off to a great start with Benoit Faucon and Kevin Baxter writing in the Wall Street Journal that Saudi Arabia has cut its crude-oi …

CNNMoney$50 oil is here to stay if OPEC sticks to its dealCNNMoneyLeading industry experts say prices should stay above $50 if oil producing nations stick to their guns and cut supply by nearly 1.8 million barrels per day. "I know the countries are se …

Wall Street JournalOPEC Deal Raises Hopes But Not Valuations for Troubled Oil ProducersWall Street JournalOPEC's deal to cut oil production isn't likely to save investors in troubled U.S. producers from seeing their stakes vanish in chapter 11, acc …

Oil futures climb as sources say API data show US crude-supply down 7.5 million barrelsMarketWatchOil futures climbed in electronic trading Tuesday after the American Petroleum Institute reported a 7.5 million-barrel decline in U.S. crude supplies for the …

Financial PostCancel the oil price recovery?: New supply set to keep coming down the pipe till at least 2019Financial PostAFP PHOTO / POOL / ANDY BUCHANANA picture shows section of the BP ETAP (Eastern Trough Area Project) oil platform in the North Sea, ar …

Wall Street JournalOil Prices Rally on Hopes of Greater Cooperation Between ProducersWall Street JournalOil prices rallied on Monday on hopes of greater cooperation between major oil producers but gave up some of the gains as investor's questioned the …

The VergeOil traders may be the last people to realize they don't need YahooThe VergeYahoo's instant messaging service has been used by oil traders to issue orders and chat about commodities for years. While IT departments have often struggled mana …