International Business TimesSaudi Arabia Oil Minister Says Oversupply Has 'Disappeared,' Signals Kingdom's Return To Oil Balancing RoleInternational Business TimesSaudi Arabia — the world's largest oil exporter and the de facto leader of OP …

Wall Street JournalOil Pares Gains on Bigger-Than-Expected Increase in InventoriesWall Street JournalOil prices pared their gains Wednesday after inventory data from the U.S. Energy Department showed a bigger-than-expected increase in crude inventories in …

Wall Street JournalUK Offers Respite to Oil Producers by Scrapping Petroleum Revenue TaxWall Street JournalLONDON—The U.K. government has abolished the petroleum revenue tax, the levy charged on oil and gas profits, to kick-start the country's beleague …

Wall Street JournalU.K. Offers Respite to Oil Producers by Scrapping Petroleum ...Wall Street JournalThe U.K. government has abolished the petroleum revenue tax, the levy charged on oil and gas profits, to kick-start the country's beleaguered hydrocarb …

MarketWatchOil above $35 as US oil-rig count falls for 11th weekMarketWatchThe number of active rigs drilling for crude in the U.S., viewed as a rough proxy for activity in the oil industry, fell by 8 to 392 rigs as of Friday, according to data from Baker …

Wall Street JournalNorway Taps Oil Fund for First Time as Falling Oil Price Takes Its TollWall Street JournalOSLO—Norway's government in January tapped into its sovereign-wealth fund to cover its expenses, for the first time since the fund was establis …

RudawCrude oil price is behaving like a global tornadoRudawThe talk around the globe is firmly on the price of crude oil and the devastating impact. We are experiencing the deepest downturn for a long time. The industry has seen booms and busts but this ti …

Mexican oil fields lure next generation of wildcattersSalt Lake TribuneMEXICO CITY — While more than 180,000 onshore wells are producing oil in Texas, only 8,250 have been drilled by Petroleos Mexicanos across the border in Mexico. Welcome to the land of o …

Wall Street JournalKazakhstan's $64 Billion Question: Will Oil Fund Disappear?Wall Street JournalKazakhstan's $64 billion oil fund could run out of money within six or seven years as slumping oil prices cut revenue and the government spends its sav …

Wall Street JournalKazakhstan's $64 Billion Question: Will Oil Fund Run Out?Wall Street JournalKazakhstan's $64 billion oil fund could run out within six or seven years as slumping oil prices cut revenue and the government spends its savings, a cen …