BloombergOil Prices Could Jump 50% by the End of 2016BloombergMeanwhile, the International Energy Agency forecasts total non-OPEC supply will fall by 600,000 barrels a day this year. That may pave the way for a rebound as lower prices have stimulated globa …

Foreign Policy (blog)The Promise and Peril of Cheap OilForeign Policy (blog)The U.S. House of Representatives is expected to vote on Friday to do something that would have been unthinkable only a few years ago: lift the restrictions on exporting domestical …

BloombergGoldman Sachs: This Oil Rally Is Not Going to LastBloomberg"While this rally has occurred alongside a broader re-risking across assets after last week's U.S. non-farm payrolls release, the oil move has been larger, exacerbated by still la …

BloombergOil Drillers Hunker Down for More Pain One Year Into Bear MarketBloombergA year after oil sank into a bear market, the industry is still hunkering down for a long period of low prices, with Europe's biggest producer seeing only the first glimp …

BloombergOil Traders May Look to the Sea for Profit Amid Price CollapseBloombergWhile traders are already cashing in on the surplus by housing oil in onshore tanks across the globe -- including on the tiny Caribbean island of St. Lucia-- expanding the stor …

BloombergAn Oklahoma of Oil at Risk as Debt Shackles U.S. Shale DrillersBloombergAs much as 400,000 barrels a day of oil production is at risk as U.S. shale companies like Samson Resources Co. run out of money and are forced to slow drilling. Total debt fo …

Oil Trades Near $45 a Barrel as Surplus Seen Lasting Into 2016BloombergOil traded near $45 a barrel in New York as a further pullback in U.S. drilling failed to temper expectations that the global oversupply will persist for most of next year. West Texas I …

ReutersOil Drops Fifth Day in Six as China Slowdown Seen Hurting DemandBloombergOil dropped for the fifth time in six days in New York as concern that China's slowdown will deepen added to concerns that the global oversupply will continue through most …

Sydney Morning HeraldOil Search rejects A$11.6bn Woodside bidFinancial TimesOil Search has rejected an A$11.6bn (US$8.2bn) takeover bid by its Australian rival Woodside, saying the proposal was “highly opportunistic and grossly undervalues the company”, bu …

Oil Swings Near $45 as Investors Weigh Glut Against Rig DeclineBloombergOil swung between gains and losses below $45 a barrel as investors weighed the outlook for a persistent global glut against signs U.S. drillers are continuing to reduce active rigs. Fu …