Financial PostNewfoundland's largest-ever oil spill is now impossible to clean upFinancial PostScott Tessier, chief executive of the Canada-Newfoundland and Labrador Offshore Petroleum Board, said no oil sheens were spotted on the water on Monday or Tu …

Why plunging oil prices now hurt—yes hurt—the US economyMarketWatch“The key point to remember here is that the lower oil prices are now a net drag on the U.S. economy, because the [capital-expenditure] cutbacks triggered in the shale oil business outweigh …

Why plunging oil prices now hurt—yes hurt—the U.S. economy ...MarketWatchThanks to the shale revolution, plunging oil prices are a drag on U.S. economic growth, but the hit is uneven, notes one economist.and more » Read more http://news.google.c …

Why plunging oil prices now hurt, yes hurt, the US economyMarketWatch“The key point to remember here is that the lower oil prices are now a net drag on the U.S. economy, because the [capital-expenditure] cutbacks triggered in the shale oil business outweig …

Barron'sWhy the Slump in Oil Prices Is Not Signaling a RecessionBarron'sOil's furious descent in the past six weeks has shaken traders and sown seeds of doubt in the minds of investors: If demand for the economy's most important fuel is weakening, …

Barron'sWhy the slump in oil prices is not signaling a recession - Barron'sBarron'sThe swings in crude oil prices can be largely attributed to supply growth and geopolitics, not the global economy.Oil short-selling jumps in record streak as faith in Op …

Wall Street JournalOil Stabilizes After Sharp SelloffWall Street JournalHIGHLIGHTS. U.S. oil stocks: Inventories of crude in the U.S. rose by 10.3 million barrels in the week ended Nov. 9, the Energy Information Administration said on Thursday. The build w …

Wall Street JournalOil Stabilizes After Sharp Selloff - WSJWall Street JournalU.S. oil prices ended flat Friday but sharply lower for the week after an earlier selling frenzy amid worries of a global surplus of crude oil and weaker demand.Oil prices suffer …

ReutersAsia's weakening economies, record supply threaten to create oil glutReutersGlobal supply has instead surged, led by soaring output from the world's three-biggest producers - the United States, Russia and Saudi Arabia - who in October broke …

Wall Street JournalUS Oil Enters Bear Market on Rising Inventories, Worries of OversupplyWall Street JournalBear Market: A bear market generally is defined as a 20% decline from a recent peak, which in the case of the U.S. crude oil benchmark was a four-ye …