Wall Street JournalIraq to Cap Oil Output If Other Producers Follow SuitWall Street JournalIraq is ready to commit to freezing its oil production at January levels if OPEC members and producers outside the group follow suit, Oil Ministry spokesman Asim Jih …

CBC.caOil slides below $30 US as Iraq ramps up productionCBC.caIraq's oil ministry said on Monday that the country had record output in December, with its fields in the central and southern regions producing as much as 4.13 million barrels a day. A sen …

New York TimesAzerbaijan Searches for 30 Workers as Caspian Oil-Rig Fire PersistsWall Street JournalHeavy storm conditions prevented some workers from escaping in lifeboats, according to a joint statement from the State Oil Company of the Azerbaijan Republ …

Wall Street JournalAzerbaijan Still Working to Extinguish Caspian Oil Rig Fire, Says SocarWall Street JournalAzerbaijan's state oil company said Monday it was still working to extinguish a “severe” fire on an offshore Caspian Sea platform that has left …

Agriculture Ministry proposes further 5% hike in import duty of edible oilEconomic TimesSEA has demanded an import duty hike on crude oil to 25 per cent and that of refined oil to 45 per cent to protect the interest of crushers and also local farmers to su …

Oil ministry wants cess on crude oil to be scrapped or reducedEconomic TimesNEW DELHI: The oil ministry wants the cess on crude oil to be scrapped or reduced as it is a huge burden on companies in a low price regime and is not being used to develop the sec …

Wall Street JournalPersian Gulf Producers Delay Oil ProjectsWall Street JournalPersian Gulf oil producers are delaying oil projects and squeezing contractors for hundreds of millions of dollars in savings, as the pain from low crude prices spreads to state …

Yahoo FinanceA sign oil prices could be headed even lowerYahoo FinanceLast year, when crude prices were around $100 per barrel, the Oil VIX rarely poked above the 20 level. “This elevated implied volatility means that there's some sort of risk being pr …

KATUCity Council approves anti-oil train resolution, considering anotherKATUThe Portland City Council passed an anti-oil train resolution Wednesday evening. It opposes all projects that would increase the amount of oil transported by rail through the city. …

The Globe and MailTrudeau's new ministry for climate change spooks oil patchThe Globe and Mail“You're really attacking the energy industry. That's what climate change is all about,” Murray Mullen said. “It is all about attacking carbon.” The ex …