New York TimesRussians' Anxiety Swells as Oil Prices CollapseNew York TimesThe last time oil prices dropped so low and stayed there, in the 1980s, the Soviet Union disintegrated. Steadily rising prices since 2000 have lifted Russia out of poverty and e …
CNNMoneyRed flag: Oil company defaults are spikingCNNMoneyExperts say there are a lot of parallels between today's crisis and the last oil crash in 1986. Back then, 27% of exploration and production companies went bust. Defaults are skyrocketing again. …
BBC NewsIslamic State fighters target Libyan oil port of SidraBBC NewsFighters from the so-called Islamic State (IS) group have clashed with guards near Libya's Sidra oil port east of its Sirte stronghold, reports say. It is not clear how close the fig …
US oil 'strippers' maneuver to keep pumping amid crude slumpReutersThe conventional wisdom is that "strippers" would be the first to fold in the face of oil's slide below $40 given their tiny size - some may pump as little as few hund …
Fox BusinessU.S. Stock Futures Lower as Oil Weakens AgainFox BusinessU.S. equity markets were set for a lower open on Wednesday as oil once again reversed course to trade solidly in negative territory. As of 8:10 a.m. ET, Dow Jones Industrial Average futur …
MetroNews CanadaBetween Cheap Gas And Carbon Caps, Oil Sands Face Uncertain FateNPRCanada has the world's third-largest oil reserve and it's worth hundreds of billions of dollars. Nearly all of that crude is contained in Alberta's oil sands. Ge …
ReutersOil hovers at multiyear lows; analysts see no bottoming out of pricesMarketWatchIn its monthly report released last week, the IEA said the growth of global oil demand will slow to 1.2 million barrels a day in 2016, compared with 1.8 million barrels …
Wall Street JournalHilcorp Seeks to Build Island to Extract Arctic Offshore OilWall Street JournalWhile Shell proposed exploratory wells in the Chukchi Sea about 80 miles off Alaska's northwest coast, a Texas oil company wants to build a gravel island …
Motley Fool3 Oil Companies Thriving on Low Oil PricesMotley FoolWith oil prices down roughly 50% over the past year, some oil producers are simply trying to survive. Then there's a second group that's just trying to tread water by focusing on pushi …
CNBCOil companies brace for big wave of debt defaultsCNBC"The energy sector remains the most troubled, accounting for almost a quarter of the 79 defaults so far this year," said Sharon Ou, Moody's Credit Policy Research senior credit officer. …