OilPrice.comDownward Trend For Bakken Oil Production Set To ContinueOilPrice.comOperators are now even more committed to running fewer rigs as oil prices remain at very low levels. The number of well completions remained steady from 77(final) in November t …

CNNMoneyOil driller cut 25000 jobs, paid CEO $18 millionCNNMoneyThe company cut 25,000 jobs during the year, or 20% of its workforce. Revenue was down 27%, and profit plunged 41%. Schlumberger (SLB) shares tumbled 18%. The weak results and layoffs are the …

Wall Street JournalStocks Extend Rally as Oil ClimbsWall Street JournalGlobal stocks extended a rally Thursday as oil prices climbed, following a bruising start to the year. The Dow Jones Industrial Average added 46 points, or 0.3%, to 16499 shortly after …

USA TODAYOil prices jump though Iraq non-committalUSA TODAYOil prices jumped again Thursday even as questions emerged about the likelihood that an emerging plan by the Organization of the Petroleum Exporting Countries to freeze production will be implement …

Sydney Morning HeraldDisappointing jobs numbers take shine off $A oil rallySydney Morning HeraldDisappointing jobs numbers brought the Australian dollar off its oil high on Thursday, stalling its run at the US72¢ mark. Labour force data released by the Aus …

The GuardianOil prices get boost as Iran praises Saudi plan to freeze outputThe Guardian“Asking Iran to freeze its production is illogical ... when Iran was under sanctions. some countries raised their output and they caused the drop in oil prices,” said O …

CNBC'False hope' driving crude oil rally?CNBCOil prices were rallying as much as 11 percent Friday on renewed prospects for an output cut among the world's oil producers, but analysts and market watchers told CNBC that traders shouldn't hol …

CNNMoneyWarren Buffett's $1 billion bet on oilCNNMoneyBerkshire already owned 61.5 million shares of the oil refining giant, and has recently spent $964 million to buy an additional 12 million shares of the company. Buffett's firm now owns 14% of P …

Yahoo7 NewsThese are early signs of capitulation for oilYahoo7 NewsSqueezed by falling oil prices, Russia is talking about privatizing its major companies to close its budget shortfall. Nigeria is seeking a World Bank loan to cover its $11 billion budget g …

Oil futures suffer first decline in 5 sessionsMarketWatchThe decline came after oil posted a gain of roughly 10.8% over the past four trading sessions in a row. April Brent crude LCOJ6, -5.17% on London's ICE Futures exchange fell $1.75, or 4.9%, to $3 …