Business InsiderOil Plunges As Oil Rig Count Rises To Seven Month HighsOilPrice.comThe domestic oil rig count now stands at 418; this time last year, 641 oil rigs were active. The depleted gas count tells the same story; currently 92 gas rigs are in produc …

FuelFix (blog)Rig count sees small gain amid double whammy for oilFuelFix (blog)The amount of rigs in the U.S. drilling for oil jumped slightly by two this week in advance of bad new for oil prices on Friday. The double whammy for oil prices included Saudi …

ReutersIndia cuts import taxes on wheat, palm oil, refined oilsReutersNEW DELHI India has cut import taxes on wheat, crude palm oil and refined vegetable oils, a finance ministry order showed on Friday, as part of efforts to curb food inflation. New Delhi …

Reuters IndiaIndia cuts import tax on wheat, crude palm oil, refined oilsReuters IndiaThe import duty on crude palm oil and refined edible oils have been reduced to 7.5 and 15 percent respectively, the order posted on a government website, showed. India, t …

ReutersIndia cuts import tax on wheat, crude palm oil, refined oilsReutersThe import duty on crude palm oil and refined edible oils have been reduced to 7.5 and 15 percent respectively, the order posted on a government website, showed. India, the world&#39 …

The Fiscal TimesWhy Oil Prices Will Rebound Before We Know ItThe Fiscal TimesOil industry analysts have been engaging in a burning debate: Have prices hit bottom or do they have further to fall? Energy company CEOs have been voicing their views on the ques …

MarketWatchOil may drop by more than $30 a barrel from current levels, says CitiMarketWatchThe oil market should bottom sometime between the end of the first quarter and beginning of the second quarter, with oversupply being a key factor, Citi analysts sai …

CITY A.M.UK oil and gas companies facing "triple whammy" threatCITY A.M.Oil and gas producers are facing an "economic triple whammy" as plummeting oil prices squeeze revenues, forcing through cost cuts, which in turn could lead to indus …

BBC NewsCheaper oil will not boost global growth, says Moody'sBBC NewsLower oil prices will fail to give a "significant boost" to global growth in the next two years, Moody's has said. The ratings agency said any boost from cheaper oil wo …