CNBCOil Trades at 5 1/2-Year Low After Russia, Iraq Boost SuppliesBloombergOil traded near its lowest closing price since mid-2009 amid signs of manufacturing weakness in Europe and China. Futures headed for a sixth weekly loss in New York and London. Euro …

Irish TimesFalling oil prices: this time around, it will be differentIrish TimesBut this time it is different and not just because of the relative scale of price moves. The 2014 sell-off originated in the oil market: first from rising inventories as demand …

FuelFix (blog)Sub-$55 Oil Has U.S. Drillers Idling Most Rigs in 2 YearsBloombergU.S. oil drillers idled the most rigs since 2012 as prices slide below $55 a barrel to the lowest level in five years and a fight for market share with OPEC intensifies. Rigs t …

The AgeGuard of Libyan Oil Ports Calls In Strikes on Islamist MilitiasBloombergLibya's government struck from the air at Islamist militias it said shelled the country's largest oil port today, according to the military unit in charge of protecting …