CNNMoneyEpic oil glut sparks super tanker 'traffic jams' at seaCNNMoneyoil tanker traffic Cargo tracking data from ClipperData/Datamyne show how oil tanker traffic is piling up off the U.S. Gulf Coast. Blue dots indicate Aframax ships that can cont …

Wall Street JournalPersian Gulf Producers Delay Oil ProjectsWall Street JournalPersian Gulf oil producers are delaying oil projects and squeezing contractors for hundreds of millions of dollars in savings, as the pain from low crude prices spreads to state …

Chron.com (blog)Marathon Oil plans 29% spending cut, posts lossChron.com (blog)The move would keep Marathon's 2016 production levels even with the rate it pumps oil and gas at the end of this year. “We're maximizing capital allocation to the highes …

Salt Lake TribuneMarket Retreats as Oil Prices and Media Shares FallNew York TimesOne of the biggest victims of Ms. Yellen's comments, inadvertently, was oil and gas stocks. Her remarks caused the U.S. dollar to strengthen and oil prices to decline sha …

Yahoo! Maktoob NewsOil falls below $50 on US stocks buildYahoo! Maktoob NewsLONDON/NEW YORK (Reuters) - Oil prices fell back below $50 a barrel on Wednesday after a U.S. government report showed a higher than expected build in oil stocks as well as on OPEC …

Wall Street JournalEnbridge to Invest $5 Billion in Gulf Coast Oil TerminalsWall Street Journal“Our robust Enbridge system would be enhanced by creating terminals in the Gulf of Mexico,” Mike Moeller, general manager of midcontinent assets for Enbridge Ene …

Wall Street JournalMexico Strains to Lure World's Oil GiantsWall Street JournalBut damage from low prices is vexing the capital Mexico City in less visible ways: It is thwarting its historic, much-anticipated opening of the country's oil industry t …

Gulf Rig Supplier May Be First to Exit Oil-Slump BankruptcyBloombergHercules Offshore Inc. may become the first big energy-sector business to exit bankruptcy since the crude slump triggered insolvencies among oil and gas drillers and the companies that ser …

UPI.comMexico Sweetens Terms for Coming Auction of Oil FieldsWall Street JournalMEXICO CITY—Mexico sweetened the terms for its September auction of oil fields, setting minimum bids Monday that are generally lower than for the exploratory blocks offered in …

QuartzOPEC now thinks that oil prices will stay below $50 a barrel for the rest of 2015QuartzOPEC is waving the white flag, at least for 2015—oil prices, the cartel thinks, will remain more or less at $40 to $50 a barrel for the remainder of the year, lowe …