New York TimesBP Reports Sharply Lower Profit Because of Depressed Oil PricesNew York TimesLONDON — BP, the London-based oil company, said on Tuesday that its profit was down sharply in the third quarter as depressed oil prices took a heavy toll. The compa …

Wall Street Journal (blog)Cheap Oil May Force Exporters to Sell Assets, Fueling Market VolatilityWall Street Journal (blog)Add one more thing likely to fuel market paroxysms in the months and years ahead: Oil exporters liquidating their rainy-day funds to …

Wall Street JournalOil Slides as US Supplies SurgeWall Street JournalOil prices fell Wednesday as a key U.S. report showed stockpiles rising more than expected, adding to a bearish backdrop amid a global glut of crude. The U.S. Energy Information Administr …

The Globe and MailSuncor Criticizes Canadian Oil Sands' Move to Adopt Poison PillWall Street JournalCanadian Oil Sands said the new shareholder rights plan, which includes a 20% ownership trigger, is meant to give shareholders and board members adequat …

BBC NewsNorth Sea oil revenues fall by 75% in the first three months of 2015BBC NewsNorth Sea oil revenues in the first three months of 2015 were down 75% on the previous quarter, the Scottish Conservatives have said. The Scottish government's quarterl …

WTNH Connecticut News (press release)Experts: Lower oil prices could result in gas below $2 per gallonWTNH Connecticut News (press release)NEW HAVEN, Conn. (WTNH) — The price of oil is the lowest it's been since 2009, just above $40 per barrel at the c …

Look, Don't Freak Out About Iranian Oil Flooding the MarketWiredIranian oil will soon hit the global market, thanks to sanctions being lifted as part of the historical deal reached yesterday to regulate the country's nuclear program. Some are sugge …

Nymex oil drops 3% to a more than 3-month lowMarketWatch“The drop in crude-oil stocks simply shows that refiners cut back on crude-oil purchases while they are working off the excess supply of the distillates,” he said. “The crude-oil market is pricing in …

Wall Street JournalOil's Fall Requires Major ChangesWall Street JournalThe cost of finding, developing and producing a barrel of oil equivalent nearly tripled in the decade to 2014, according to an analysis by Morgan Stanley MS 0.99 % in conjunction wi …

Wall Street JournalOil's Fall Requires Major Changes - WSJWall Street JournalThe oil and gas industry is in for a new round of cost cutting. It also needs a dose of fresh thinking. Oil prices are under pressure thanks to a combination of China, Greece …