DIGITALLOOKOil at $20 Possible for Goldman as Forecasts Cut on GlutBloombergThe global surplus of oil is even bigger than Goldman Sachs Group Inc. thought and that could drive prices as low as $20 a barrel. While it's not the base-case scenario, a fail …

Russian Oil Producers Win Alfa Bank Favor Buoyed by Ruble SlideBloombergFor investors brave enough to wade into Russia, a once-promising emerging market turned economic outcast, oil stocks might offer the right balance between risk and reward. For one thin …

BloombergWhere's That Cheap Oil Windfall?BloombergWhen the price of crude oil started dropping a year ago, credit card companies were thought to be among the winners. Consumers and businesses would soon be buying ever-cheaper gasoline made with ever-ch …

BloombergOptimistic Oil Experts Still See Rally as Crude Hits New LowsBloombergSo much so that no one seemed to see the 60 percent slide in oil prices coming when the commodity was trading at almost $108 a barrel on June 20, 2014. At the time, analysts as …

Wall Street JournalCalifornia oil spill: Officials hope to get first look at ruptured pipeLos Angeles TimesWorkers on Tuesday began digging up the soil around a pipe that ruptured and spilled up to 101,000 gallons of crude oil along the Santa Barbara Count …

CBC.caOil drops 2.5% amid signs US drillers ready to turn on the tapsCBC.caOil dropped sharply Tuesday morning, after reports showing U.S. drillers may be ready to turn on the taps again as West Texas Intermediate crude approaches $60 US a barrel. That kno …

Signs of Housing Comeback Fail to Rouse MarketNew York TimesThe price of oil fell sharply on Tuesday, extending its slide. A rising dollar made oil, which is priced in dollars, more expensive for overseas buyers. Benchmark United States crude fell $2.25 to …

CBC.caCanadian dollar falls 1.5 cents as oil plungesCBC.caThe Canadian dollar has fallen by nearly two cents since Friday, as the U.S. greenback shot upward and oil headed down. The loonie closed at 83.26 cents US on Friday but slid all day yesterday as ma …

MarketWatchThe best cure for low oil prices may be low oil prices, says StatoilMarketWatchUsing that logic, one could argue that the oil industry should be expecting a major rally after seeing prices drop more than 50% in the last half of 2014 and slide ev …

Business InsiderWhat would it take to free US oil exports?Business InsiderWASHINGTON (Reuters) - Lawmakers pushing to repeal the 1970s-era ban on U.S. oil exports face a steep obstacle: The Obama administration sees no need to fully remove the restriction …