MarketWatchOil futures drop over 2% as supply concerns buildMarketWatchRussian Energy Minister Alexander Novak said that with prices around $50 a barrel, it wan't necessary for major oil producers to discuss freezing production levels, according to new …

ReutersTired of cheap oil, Saudis eye price boost to drive Aramco IPOReutersDUBAI/LONDON Two years after triggering an oil price war, Saudi Arabia has seemingly had enough of cheap crude amid budget pressures, fear of a future supply shortage, and as it se …

The National Interest OnlineThe Enormous Political Risk of Saudi Arabia's Oil ReformThe National Interest OnlineOn June 7, Saudi Arabia laid out its National Transformation Plan to shift away from an oil-based economy. To do so, the plan's architec …

Why We Need $120 OilOilPrice.comIf the price of oil drops from $100 per barrel to $50 per barrel, this change adversely affects the income of a large share of people who formerly benefited from the high price. Thus, the drop in oil prices affects the incom …

Wall Street JournalOil Change: Affluent Saudi Arabia Goes to WorkWall Street JournalRIYADH—Saudi Arabia's leadership has taken up the challenge of weaning the kingdom from its dependence on oil. Ahmed Ameen is just trying to keep his mobile-phone store …

Washington PostWith oil prices stubbornly low, Saudi Arabia's future looks fraughtWashington PostBEIRUT — Persistently low oil prices appear to be taking a heavy toll on Saudi Arabia, spurring rare labor unrest as the kingdom's rulers pursue radica …

ThinkProgressOil Company Gets The Go-Ahead To Explore For Oil In Wildlife-Rich PreserveThinkProgressBut that rich biodiversity is one of the key reasons environmentalists were outraged last week when the National Park Service approved Burnett Oil Company&# …

DailyFXCrude Oil May Extend Gains as Gold Falls on BOE Inflation ReportDailyFXCrude oil prices jumped after EIA data showed an unexpected drawdown of 3.41 million barrels in the first week of May. The WTI contract managed a bit of follow-through in Asian h …

ABC OnlineSaudi Arabia's new visionary prince driving his country beyond oil towards austerity, social reformABC OnlineIt may be the largest crude oil producer in the world, but Saudi Arabia is looking well beyond oil. With the continuing slump in crud …

New York TimesCanada Fire Deals Staggering Blow to Oil Sands Industry and EconomyNew York TimesOil companies could take weeks or months to get fully up and running, depriving the province of Alberta of royalty payments. And rebuilding costs will add to the …