The Globe and Mail (subscription)Why the oil sands no longer make economic senseThe Globe and Mail (subscription)Plunging oil prices may suggest that the world is awash with cheap oil but, in reality, what the world is really awash with is lots of expensiv …

MarketWatchOil prices extend losses; US inventory data eyedMarketWatchMarket participants will be closely watching U.S. crude-oil inventories and production data forecasts by the industry group American Petroleum Institute, scheduled to be released later T …

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 …

Arctic oil makes climate disaster inevitableIrish TimesLast April, two experienced polar researchers set off from the remote Canadian outpost of Resolute Bay, planning to ski 400km across the high Arctic. Their destination was a frozen expanse that could b …

The GuardianNo more new cars or furniture, says king as oil slump forces cuts on Saudi ArabiaThe GuardianThe Saudi government has banned official purchases of cars and furniture and slashed travel budgets and infrastructure spending as it faces its gravest …

Wall Street JournalOil Slides on Concerns About Weaker Global Growth, OversupplyWall Street JournalLONDON—Oil prices slid Monday on concerns about weaker global economic growth and the continuing oversupply of crude. While the global oil glut has began to …

FortuneOil prices fall on slowing global economic growth outlookFortuneSINGAPORE, Sept 28 (Reuters) – Oil prices dropped in early trading in Asia on Monday despite a fourth weekly fall in U.S. drilling activity, with analysts pointing to the weak economic …

Wall Street JournalOil Prices Fall on Fed Rate DecisionWall Street JournalLONDON—Oil prices fell in a volatile session on Friday after the U.S. Federal Reserve's decision to keep interest rates unchanged left the market guessing about its impact on com …

New York TimesIn California, Olive Oil Tourism Is on the RiseNew York TimesOlive oil tourism in California is growing. The state produces 99 percent of the extra-virgin olive oil in the United States and 4 percent globally, according to the California Oliv …