Oilfield Service Companies Bet On Full RecoveryOilPrice.comGrowing Permian drilling and production started lifting last year the revenues and profits of the world's top oilfield service providers who were badly bruised by the 2014 oil price crash. Schl …

Oil tops $48 as sources say API data show big drop in US crude supplyMarketWatchOil prices topped $48 a barrel late Tuesday after the American Petroleum Institute reported that U.S. crude supplies dropped 10.2 million barrels for the week ended July 21, ac …

The Coming Squeeze for Shale Oil DrillersWall Street Journal (subscription)Rising profits for oil-service companies usually means oil producers are making money, too. But when the producers are drilling high-cost oil from shale, rising expenses could squee …

Casper Star-Tribune OnlineOil field services struggle to keep up with increase in drillingCasper Star-Tribune OnlineHowever, a company that drills for oil and gas can wait only so long for prices to climb before finding a way to return to work. It is not a …

No quick relief in sight for Canada's oil field service industryThe Globe and MailWhite-collar layoffs at major oil companies in downtown Calgary grab the headlines, but the Canadian Association of Petroleum Producers reports that of the at least 35,00 …

Wall Street JournalHalliburton Feels Impact from Low Oil PricesWall Street JournalJeff Miller, president of the Houston-based oil-field service firm, announced the steep cuts Monday while reporting first-quarter financial results to investors. Halliburton …

The Fiscal TimesWhy Oil Prices Will Rebound Before We Know ItThe Fiscal TimesOil industry analysts have been engaging in a burning debate: Have prices hit bottom or do they have further to fall? Energy company CEOs have been voicing their views on the ques …

MarketWatchOil may drop by more than $30 a barrel from current levels, says CitiMarketWatchThe oil market should bottom sometime between the end of the first quarter and beginning of the second quarter, with oversupply being a key factor, Citi analysts sai …

CITY A.M.UK oil and gas companies facing "triple whammy" threatCITY A.M.Oil and gas producers are facing an "economic triple whammy" as plummeting oil prices squeeze revenues, forcing through cost cuts, which in turn could lead to indus …

BBC NewsCheaper oil will not boost global growth, says Moody'sBBC NewsLower oil prices will fail to give a "significant boost" to global growth in the next two years, Moody's has said. The ratings agency said any boost from cheaper oil wo …