RTOil poised to fall to $40 without OPEC agreement to freeze production – GoldmanRT“The lack of an agreement so far has pushed oil prices sharply lower, with weakening oil fundamentals warranting oil prices in the low $40s a barrel in our view if OPEC is u …

NPREarly 20th Century Earthquakes May Have Been Caused By Calif. Oil BoomNPRA new study suggests some Los Angeles-area earthquakes in the 1920s and 1930s could have been caused by the oil boom at the time. The paper, scheduled to be published online Tuesda …

Business InsiderCrude oil is tumbling after another OPEC meeting flopBusiness InsiderOil prices dropped about $2 a barrel on Monday to hit one-months low on doubts about OPEC's planned production cut and a build in U.S. crude inventories at the Cushing …

Wall Street JournalWith Oil Deal, GE CEO Immelt Revamps His StrategyWall Street JournalBut the complex transaction, which will carve out GE's oil-and-gas business into a separate publicly traded company, also raises questions about how far Mr. Immelt w …

ReutersGE cuts year revenue target on oil, gas weakness, has third quarter profit...ReutersWeak global economies and low oil prices hit the industrial giant's sales of oil and gas infrastructure equipment especially hard. This limited GE's organic …

Wall Street JournalAs Oil Bust Recedes, Is a Barroom Brawl About to Break Out?Wall Street JournalFor instance, U.S. shale companies are using more sand, mixed in a slurry of water and chemicals, to stimulate oil and gas wells and boost output. The result: …

Wall Street JournalGE Points to Growth Despite Oil SlumpWall Street JournalMr. Immelt acknowledged challenges ahead for GE, especially in its oil-and-gas equipment business, which has been cutting expenses amid widespread pressure in the industry tied to t …

GE Faces an Oil Problem — Energy JournalWall Street Journal (blog)Chief Executive Jeff Immelt estimates he has sold 65% of the company he inherited over 13 years ago to streamline it. But at the same time, he bet on energy by spending $14 billion on oil-se …

Wall Street JournalJeff Immelt's Overhaul of GE Impeded by Falling Oil PricesWall Street JournalAfter more than a decade rebuilding General Electric Co. to be a simpler industrial machine, Chief Executive Jeff Immelt finds his creation running rough. T …