BloombergMoody's Downgrades Saudi Arabia on Lower Oil PricesABC NewsSaudi Arabia's credit rating has been downgraded by Moody's because of the long and deep slump in oil prices. Moody's Investors Service said Saturday that it also downgrade …

CBC.caBank watch lists early warning sign of trouble for oil and gas industryCBC.caThey are the early warning signs that a company may struggle to repay its debts: watch lists. In releasing their latest quarterly earnings, Royal Bank, CIBC and Scotiabank e …

CBC.caLow oil price takes big bite from Chevron, Exxon earningsCBC.caThe world's biggest oil companies are reporting grim results in the third quarter of 2015, with Chevron Corp seeing profit fall by 64 per cent and Exxon profit down 47 per cent. Those …

CBC.caCheap oil will last through 2018 at least, Moody's saysCBC.caIn the early days of the slowdown that began in the late summer of 2014, the strategy for many oil producers was to ride out the storm: cut costs, put new drilling on hold and keep your …