USA TODAYWall Street bets on oil price rallyUSA TODAYIf the whims of speculators are anything to go by, then oil markets are poised for a rebound. Data from the Commodity Futures Trading Commission show that bullish positions on WTI have reached their high …

Wall Street JournalOil futures pull back ahead of supply updateMarketWatchJune Brent crude LCOM5, -0.80% on London's ICE Futures exchange fell 50 cents, or 0.8%, to 62.97 a barrel. Oil prices on Monday were mixed, with Nymex crude settling 1.2% higher, …

CNNMoneyMore oil industry pain: Halliburton slashes 9000 jobsCNNMoneyThe Houston-based oil field services firm said the job cuts represent more than 10% of its workforce. The company had previously estimated that falling prices would necessitate reducing i …

FuelFix (blog)Halliburton Says Has Cut 9000 Jobs in Wake of Oil's DropABC NewsHalliburton Co. has cut 9,000 jobs — more than 10 percent of its workforce — in about six months and is considering more cost-cutting moves as falling oil prices sap demand f …

Wall Street JournalOil Investors Look Too Optimistic by HalfWall Street JournalIn England, when your soccer team has taken a shellacking in a game's first 45-minute period, it is customary to say, wistfully or defiantly: “It's a game of two halves. …

Wall Street JournalHalliburton Feels Impact from Low Oil PricesWall Street JournalJeff Miller, president of the Houston-based oil-field service firm, announced the steep cuts Monday while reporting first-quarter financial results to investors. Halliburton …

CBC.caOil spill response 'totally inadequate,' says Vancouver Mayor Gregor RobertsonCBC.caVancouver Mayor Gregor Robertson has blasted the federal the response to Wednesday's oil spill in English Bay, calling the efforts "totally inadequat …

Wall Street JournalRoyal Dutch Shell's Big Buy Is Blow to Oil-field ServicesWall Street JournalThus far, the oil major, which prides itself on taking a long-term view on investment, has resisted calls to cut capital expenditure dramatically, disappoint …

Los Angeles TimesIn West Texas oil boomtowns, 'the end is near'Los Angeles TimesFear blew in fierce over a patch of West Texas late last year, falling fast and without warning through gray skies to alight on the shoulders of men and women who depen …

Dickinson PressHalliburton to cut thousands of jobs as oil slumpsDickinson PressHalliburton, the latest in a growing list of major oil industry companies laying off workers because of a worldwide glut of crude, said it expects to let go 6.5 percent to 8 pe …