The GuardianSaudi Arabia owes billions to private firms after collapse in oil revenuesThe GuardianSaudia, the world's biggest oil producer, helped to push down the price by flooding the markets with cheap crude in a failed attempt to kill off the US sh …

The GuardianOil price falls as Saudi Arabia and Iran argue over outputThe GuardianSquabbling between Saudi Arabia and Iran has sent the oil price down, as tension between the near neighbours threatened to derail talks aimed at cutting production by the Ope …

The GuardianOil price and stock markets rise as Opec cuts crude outputThe GuardianOil and share prices have risen after Opec members struck a deal to limit crude output for the first time since 2008, in an attempt to ease a global glut that has halved crud …

BBC NewsWhy Oil Markets Should Brace For OPEC DisappointmentOilPrice.comThere is a strong possibility that OPEC disappoints the oil markets in the coming days, offering either no production limit or a toothless agreement that may not even be finalized unti …

Trump's plan to seize Iraq's oil: 'It's not stealing, we're reimbursing ourselves'The GuardianOne of the recurring themes of Donald Trump's national security strategy is his plan to “take the oil” in Iraq and from areas controll …

Norway banks' oil woes increaseIrish ExaminerNorway's financial regulator said that banks exposed to oil-industry losses face a rise in impairments that will erode profits as the full effect of the slump in crude prices runs its course. “Norwegian …

Chron.comComparing the latest oil discovery to boom-town Texas oilfieldsChron.comThe oil and gas world is still buzzing after Houston-based Apache Corp. recently made a massive oil discovery in West Texas. The petroleum exploration company found an estimat …

Financial TimesLatest oil and gas bankruptcies hit lenders hardFinancial TimesInvestors' losses from US oil and gas company bankruptcies since 2015 have been proportionally greater than in previous downturns as the industry's debt-fuelled boom has …

MarketWatchOil rises as guesswork on OPEC freeze deal and US interest rate hike continuesMarketWatchIn a monthly report released Monday, OPEC said production from major oil producers who are not members of the cartel will fall by about 610,000 barrels a da …

The GuardianSeizure of Libyan oil terminals prompts call for military actionThe GuardianForces opposed to the UN-backed Libyan government in Tripoli appear to be making a clean sweep through the country's “oil crescent”, seizing control of oil terminal …