RTOil Worker Strike Cuts in Half Kuwait Crude ProductionWall Street JournalKuwait's crude production dropped by more than half on Sunday as thousands of its oil industry employees began an open-ended strike over government plans to cut wages. The count …

FRANCE 24Oil Workers Go on Strike in Kuwait to Protest CutbacksABC NewsOil workers in Kuwait have gone on strike to protest proposed government cutbacks as the OPEC nation grapples with a prolonged slump in crude prices. Thousands of workers gathered at th …

FuelFix (blog)US oil trades at $40FuelFix (blog)West Texas Intermediate oil has surged about 50 percent since slumping to a 12-year low last month on speculation a global surplus will ease. American shale output is falling and some of the world's bigge …

CNNMoneyCheap oil hits Middle East budgets: We can no longer 'provide for everything'CNNMoneyRobin Mills, CEO of oil consultancy Qamar Energy, said the move triggered a domino effect. "Once one country feels able to take the step of removing s …

Financial TimesOil price forecast slashed by World BankFinancial TimesThe World Bank dramatically revised down its forecast for crude oil prices on Tuesday, predicting they would average just $37 a barrel this year and warning commodity markets to brace th …

ReutersKey Opec Members Defend Oil Output StrategyWall Street JournalKUWAIT CITY—Some of OPEC's key players defended their strategy of keeping the taps wide open, saying Tuesday that they are bracing for low oil prices to continue—perhaps until the end …

The Globe and MailOPEC Members Defend Oil Output StrategyWall Street JournalKUWAIT CITY—Some of OPEC's key players defended their strategy of keeping the taps wide open, saying Tuesday that they are bracing for low oil prices to continue—perhaps until …

BloombergOil Tumbles Most in Six Weeks as OPEC Crude Production ClimbsBloombergOil dropped the most in three weeks after OPEC reported that its members pumped the most crude in three years. The Organization of Petroleum Exporting Countries produced 31.57 m …

BloombergOil Falls Most in Three Weeks as OPEC Crude Production ClimbsBloombergOil breached $50 a barrel in New York for a third day before retreating after OPEC reported that its members pumped the most crude in three years. The Organization of Petroleum …

BloombergOPEC Sees Crude Demand Growth, Hopeful for Market BalanceBloombergGlobal demand for crude is growing while non-OPEC countries are producing less of it, helping to bring the supply and demand for oil back into equilibrium by next year, OPEC's S …