CNNMoneyIs the oil crash over? Prices soar 30% in 11 daysCNNMoneyThe world still has too much oil and U.S. production hasn't slowed enough yet to ease the epic supply glut. "Fundamentally, things are still extremely weak. It's being driven mor …

Wall Street Journal (blog)Not Even OPEC Can Fix Oil Glut — Energy JournalWall Street Journal (blog)The level of global oil production is so uncertain that investors are having a hard time trying to determine if the oil market is close to a bottom, Nicole F …

Chron.com (blog)US Oil-Rig Count Falls by SixWall Street JournalThe number of U.S. oil-drilling rigs, which is viewed as a proxy for activity in the oil industry, has fallen sharply since oil prices started falling last year. After a streak of modest growt …

CNNMoneyCracks emerge in U.S. oil boomCNNMoneyThe American energy boom is finally showing some cracks from the crash in oil prices. U.S. oil production decreased by 120,000 barrels per day in September from August, according to a report released by the Ene …

Financial TimesRoyal Dutch Shell warns of risk of oil price spikeFinancial TimesRoyal Dutch Shell on Tuesday warned of the risk of a “spike” in oil prices should Opec keep pumping flat-out in the face of an expected decline in output after spending cuts by …

CBC.ca'Three Stooges' of sentiment continue to rile oilMarketWatchThe oil market is concerned that once a deal is reached, Iran may add millions of barrels of oil into an already oversupplied global market. Data Friday from Baker Hughes BHI, -0.22% …

Wall Street JournalUS Oil-Rig Count Rises for Second Straight WeekWall Street JournalIn late May, several U.S. shale-oil companies said they were ready to bring rigs back into service, setting up the first big test of their ability to quickly react to risi …

Financial TimesOil price could fall further, warns International Energy AgencyFinancial TimesThe rebalancing of the oil market that started last year has yet to run its course and a bottom in prices “may still be ahead”, according to the world's leadin …

CNBCUS Oil-Rig Count Falls to 628 in Latest Week; Gas Rigs RiseWall Street JournalU.S. commercial crude-oil supplies fell by 4.9 million barrels in the week ended June 19, according to the U.S. Energy Information Administration. That was the eighth straigh …

FuelFix (blog)US Oil Rig Count Falls to 635 in Latest WeekWall Street JournalOil prices have traded in a tight range recently, with U.S. prices pivoting around the psychologically key $60-a-barrel level. Forecasts that the global glut of crude oil will shr …