The Globe and Mail (subscription)Pain in oil sector can be felt all over Canada's economy, executives sayThe Globe and Mail (subscription)The results of this quarter's C-Suite survey underline the centrality of resources to the Canadian economy. Wh …

FuelFix (blog)US oil trades at $40FuelFix (blog)West Texas Intermediate oil has surged about 50 percent since slumping to a 12-year low last month on speculation a global surplus will ease. American shale output is falling and some of the world's bigge …

CNNMoneyCheap oil hits Middle East budgets: We can no longer 'provide for everything'CNNMoneyRobin Mills, CEO of oil consultancy Qamar Energy, said the move triggered a domino effect. "Once one country feels able to take the step of removing s …

CNNMoneyMy heating oil savings are paying for a Disney tripCNNMoneyIf you had any doubt about whether lower oil prices are benefiting American households, then you probably aren't one of the 6.5 million homeowners who use heating oil. Nationwide, the a …

Boing BoingPlummeting oil prices and 13 years of official looting leave Iraq on the brinkBoing BoingFor 13 years, Iraq's post-Saddam elites have run amok, looting the country's riches while creating a pervasive culture of corruption that spreads al …

Mideast Defense Spending Seen Flat on Cheap Oil by IHS Jane'sBloomberg"2015 saw the first defense budget cuts for a decade as oil prices crashed," Caffrey said. "We saw the first marginal cuts in 2015, but, those cuts are now expected to …

CompaniesPremier Oil stops work at one Falklands wellFinancial TimesPremier Oil, the UK listed company that has been drilling for oil at various sites near the Falkland Islands, is ending its work at one particular exploration well following a number of “m …

Irish TimesFood File: from lobster oil to cycling chefsIrish TimesLobster oil (€29.95/250ml), made on the island of Groix, off the Brittany coast, is an interesting new addition to the shelves of Dublin food store Fallon & Byrne. The vivid red colour o …

The Globe and MailOil patch faces further cuts as crude prices hit new lowsThe Globe and MailThe moves accompanied fourth-quarter results that showed the harsh impact of U.S. benchmark oil prices that averaged just over $42 (U.S.) a barrel in the period, 4 …

CNNMoneyWhy people are freaking out about cheap oilCNNMoneyOil companies are dying: The U.S. energy boom was fueled by expensive drilling technology that was designed for far higher oil prices and paid for with lots of debt. Those loans are now much harder …