Calgary HeraldForecasts call for renewed oil price drop as production steps upCalgary HeraldOilfield services equipment has been idled in Nisku and many other communities across Alberta as the oil and gas price rout has led to sweeping layoffs within the i …
ABC OnlineMining companies squeezed by currency and oil price riseABC OnlineInvestment bank Morgan Stanley said the "profitability buffers" of weaker exchange rates and cheaper oil in producer countries such as Australia, Canada and Chile are now …
International Business TimesIn Texas Super Tuesday Primary, Ted Cruz Oil Industry Support Could Provide An EdgeInternational Business TimesAs global oil prices have taken a dive, causing many boom towns in Texas to go bust, Cruz's strong support for po …
CBC.caUS shale producers poised to raise output if oil hits $40 a barrelCBC.caFor leading U.S. shale oil producers, $40 is the new $70. Less than a year ago major shale firms were saying they needed oil above $60 a barrel to produce more; now some say they …
The Australianstocks sink over 2pc on oil routThe AustralianFollowing a 6 per cent slide on Monday night, oil prices slumped again ahead of the Australian session, Nymex crude oil down another 5.5 per cent to settle at $US29.88 a barrel, while global bench …
BBC NewsMarketsFast Europe Open: Oil dictates play, SyngentaFinancial TimesJapan's Nikkei 225 was down 3.3 per cent, weighed upon by a bad day for materials stocks, but elsewhere, oil names were doing the damage. Hong Kong's Hang Seng was down 2.5 …
Waterloo RecordCheap oil buoys consumers, shakes up global governmentsWaterloo RecordA Bank of Canada report says companies see dramatic change for the global industry, with weaker companies restructuring or exiting the oil business, while healthier compan …
CNBCThis bank is most immune to falling oil pricesCNBCThe bank's exposure to energy is far less than that of most competitors, which means that if oil's swoon continues, Morgan Stanley is expected to face lower stock declines. "We like [Morgan …
BBC NewsOil price down again on oversupply concernsBBC NewsOil prices have been volatile again, hit by continuing oversupply, the strong dollar and weak global demand. Some members of the Opec group of oil producers are calling for an emergency meeting to …
The Globe and MailOil Skids to 12-Year LowWall Street JournalOil took another tumble, with the U.S. benchmark price dropping to its lowest level since December 2003. While prices now and 12 years ago are the same, the differences in the oil market from the …