Wall Street JournalOil Prices Down as Oversupply Worries ContinueWall Street JournalLONDON—Oil prices kicked off the week in the red, taking their cue from the firming dollar as analysts continued to caution about the global oversupply of oil. Brent crude …

Energy VoiceOil drops for third day as Libya supply seen fueling global glutEnergy VoiceOil's recovery from a six-year low has faltered near $60 a barrel as the price advance of almost 40 percent since March spurs production. Saudi Arabia, Iraq and the …

FuelFix (blog)US Oil Rig Count Falls to 635 in Latest WeekWall Street JournalOil prices have traded in a tight range recently, with U.S. prices pivoting around the psychologically key $60-a-barrel level. Forecasts that the global glut of crude oil will shr …

FuelFix (blog)Oil layoffs reach 150000, recruiting firm saysFuelFix (blog)Swift said the layoffs are ubiquitous, impacting western oil producers, state-owned oil companies, oil field service firms, engineering and construction companies and manufacturers. …

Telegraph.co.ukNorth Sea oil industry to get boost from falling costsTelegraph.co.uk"Even before the oil price crash, developing and operating fields while making a profit was challenging and we expected some cost deflation in the sector as activity c …

Huffington PostShell: Oil Rigs Coming To Seattle Despite Pleas For DelayHuffington PostSEATTLE (AP) — Royal Dutch Shell is forging ahead with plans to park two Arctic oil drilling rigs in Seattle, risking possible fines from the city and ignoring port comm …

The Seattle TimesLegislature needs to pass oil-train safety billThe Seattle TimesSTATE legislators have now spent 3-½ months debating competing bills to improve oil-train safety. During that time, four more trains carrying crude have derailed and caught fi …

The Fiscal TimesSaudi Arabia May Cause an Oil Price SpikeThe Fiscal TimesMore output will prolong the slump in oil prices, which will force even more U.S. shale production out of the market. The signs of success are already showing – the U.S. is set to los …

CBC.caUS Oil Rig Count Falls to 734 in Latest WeekWall Street JournalThe Organization of the Petroleum Exporting Countries said U.S. output would decline in the third quarter, while the U.S. Energy Information Administration released data showing the secon …

BloombergUS Oil Rig Count Falls AgainWall Street JournalThe U.S. oil-rig count fell by 12 to 813 in the latest week, according to Baker Hughes Inc., marking the 16th-straight week of declines. The number of U.S. oil drilling rigs—a proxy for activity in th …