CNBCBig oil to slash spending — but not productionCNBCBut those reductions are seen coming from the independent producers of high-cost shale, not from the big, multinational oil giants. Total U.S. output will fall to 8.6 million barrels per day next Septem …
CNBCBig oil to slash spending - but not productionCNBCBut those reductions are seen coming from the independent producers of high-cost shale, not from the big, multinational oil giants. Total U.S. output will fall to 8.6 million barrels per day next Septem …
Financial TimesThe world's producers are boiling in cheap oilFinancial TimesFor oil producing companies and states struggling under the burden of low prices, it is hard to think of any news that could have been worse. Early last month, the number of ri …
Oil bounces off 6-year low in choppy tradeMarketWatchThe U.S. oil benchmark held modest gains in choppy trade after an upbeat demand estimate from a global energy watchdog, sliding back into negative territory after U.S. government data showed a smaller-th …
Business InsiderGUNDLACH: If oil goes to $40 a barrel, something is 'very, very wrong with the ...Business InsiderAnd back in December, "bond king" Jeff Gundlach had a serious warning for the world if oil prices got to $40 a barrel. "I h …
Business Insider3 charts that show it's possible crude oil will fall below $40Business InsiderAsset classes, like crude oil, have strong correlations with currencies like the Canadian Dollar or the Norwegian Krone because of their heavy crude oil expor …
Oil prices erase losses after IEA report lifts demand forecastMarketWatchBut in late European morning trade, oil prices were sent higher by an upbeat demand forecast from the International Energy Agency. The agency said in its closely watched monthly repor …
OilPrice.comSome Light At The End Of The Tunnel For Oil?OilPrice.comThe EIA Short Term Energy Outlook (STEO) published today reports that world oil supply decreased 130,000 bpd and demand increased 380,000 bpd in July compared to June. This reduces the rel …
CNBCCramer: Why oil is in better shape than you thinkCNBCOnce again, crude's pattern of the last few weeks played out on Tuesday, with the averages crushed and the price of oil plummeting down to a six-year low. And while Monday saw some major rallies …
Wall Street JournalShale-Oil Producers Ready to Raise ProductionWall Street JournalAlthough that increase accounts for only about 5% of global oil supply, it was enough to help trigger a price collapse in November. Amid the buildup in global supply, Saudi …