BBC NewsOil prices 'will hit optimum level' as demand growsBBC NewsIndustry leaders at the World Economic Forum on East Asia have said they expect oil prices to rise further. The leaders, meeting in the Indonesian capital, Jakarta, said the long-te …

USA TODAYWall Street bets on oil price rallyUSA TODAYIf the whims of speculators are anything to go by, then oil markets are poised for a rebound. Data from the Commodity Futures Trading Commission show that bullish positions on WTI have reached their high …

Wall Street JournalOil futures pull back ahead of supply updateMarketWatchJune Brent crude LCOM5, -0.80% on London's ICE Futures exchange fell 50 cents, or 0.8%, to 62.97 a barrel. Oil prices on Monday were mixed, with Nymex crude settling 1.2% higher, …

CNNMoneyMore oil industry pain: Halliburton slashes 9000 jobsCNNMoneyThe Houston-based oil field services firm said the job cuts represent more than 10% of its workforce. The company had previously estimated that falling prices would necessitate reducing i …

Wall Street JournalOPEC Warns US Oil Boom Could Be Over by Year-EndWall Street JournalOPEC said Monday the U.S. oil boom could be over by the end of this year, offering a pessimistic view of American producers' ability to withstand a historic collapse …

Wall Street JournalOPEC Warns US Oil Boom Could Over by Year-EndWall Street JournalOPEC said Monday the U.S. oil boom could be over by the end of this year, offering a pessimistic view of American producers' ability to withstand a historic collapse in …