BloombergPutin Helped Save His Oil Giant. Now Rosneft Returns the FavorBloombergTwo years ago, the Kremlin's oil flagship was foundering, hit by falling prices and international sanctions just as it faced $20 billion in debt payments. Short of cash, Ro …

ForbesOil Titans Differ On Whether Prices Will Spike Or Remain LowOilPrice.comSaudi Arabia's energy minister Khalid al-Falih spoke at the Oil & Money Conference in London this week, where he offered a robust defense of OPEC's 2014 decision to n …

MarketsOil prices 'could sink to near $20', warns GoldmanFinancial TimesThe oil market is even more oversupplied than we had expected and we now forecast this surplus to persist in 2016 on further OPEC production growth, resilient non-OPEC supply a …

BloombergWhy Vladimir Putin Won't Be Helping OPEC to Cut Oil ProductionBloombergFew things have more potential to spook the oil market than the prospect of Russia joining forces with OPEC. Speculation that such a move was afoot last month drove crude t …

Financial TimesRosneft chief Sechin damps talk of Russia-Saudi oil supply dealFinancial Times“The Russian oil industry is private, with a high number of foreign shareholders,” Mr Sechin told an audience at the FT Commodities Retreat in Singapore. BP owns 2 …

euronewsOil Falls for Second Day on Glut as Chinese Stock Market DropsBloombergOil declined for a second day on speculation OPEC will fail to stabilize prices amid a global oversupply and concern over Chinese demand. Futures lost as much as 2 percent in Ne …

New York TimesMelting Ice Isn't Opening Arctic to Oil BonanzaNew York TimesThe world today is awash in oil and natural gas, largely because of the shale revolution in the United States and the advent of hydraulic fracturing, which has so increased prod …

Oil Drops Second Day on Glut as Venezuela Seeks Price StabilityBloombergOil declined for a second day on speculation that OPEC will fail to stabilize prices amid a global oversupply and concern over Chinese demand. Futures lost as much as 2 percent in New …

Oil Drops a Second Day as Venezuela Seeks OPEC Summit Amid GlutBloombergOil declined for a second day as Venezuela proposed an OPEC summit to stabilize prices amid a global glut. Futures slid as much as 2 percent in New York. Producers from outside of the …