Oil firms will decide on price revision: PradhanBusiness StandardThe crude oil that is being processed currently in refineries is one that was bought about 6-8 weeks back when rates were higher than present prices. By the time it is processed and marketed …

CITY A.M.Premier Oil expects massive fall in development spending and takes $300m ...CITY A.M.Thanks to the low oil price Premier has delayed 2015 discretionary drilling expenditure. The company plans to drill eight wells this year. Total revenues for 2014 …

U-T San DiegoAsian shares meander after Wall St swings, oil prices dropU-T San DiegoTOKYO (AP) — Asian shares meandered Wednesday following a volatile session on Wall Street as investors remained edgy over the slump in oil and metal prices. KEEPING SCORE: …

TheNewsTribune.comAsian shares meander after Wall St drifts, oil prices dropTheNewsTribune.comENERGY: Oil fell again after the UAE energy minister said OPEC has no plans to curb production to shore up prices that have slumped almost 60 percent since June. …

CBC.caAlberta recession or growth? Economists divided on impact of oil pricesCBC.caThe Conference Board of Canada expects a contraction in 2015 because the plunging price of oil is impacting all areas of the economy from corporate investment and hiring to …

Financial PostOil Output Seen Rising, As Its Price RetreatsNew York TimesHOUSTON — Even with oil prices continuing to plummet and oil companies decommissioning drilling rigs every day, the Energy Department on Tuesday projected that domestic crude producti …

RTPetrol, diesel prices may slump as oil tumbles to $45 per barrelEconomic TimesIndian Oil Corporation ( IOC), the country's biggest refiner, has lost more than Rs 12,000 crore, government and industry officials said. Indian refiners purchase crude in …

NDTVOil firms face Rs 10000 crore inventory loss, depreciating rupeeEconomic TimesWhile the slump in international crude oil prices had resulted in successive cuts in petrol and diesel prices, for oil companies they had meant inventory losses as they would …