Saudi Arabia fights for European oil marketFinancial TimesSaudi Arabia's state oil company has cut its official selling prices to Europe, as the world's largest exporter of crude attempts to retain its share of an oversupplied market. The de facto …

Chron.com (blog)Apache posts multibillion-dollar loss as oil production slipsChron.com (blog)HOUSTON — Apache Corp. posted a $5.66 billion loss on Thursday, taking charges for asset write-offs and other items as it was hit by both low crude prices and slid …

Wall Street JournalAmec Becomes Latest Oil-Field Services Firm Hit by Falling Crude PricesWall Street JournalOil-field service companies like Amec have suffered the most from the drop in global oil prices to below $50 a barrel, from a peak of over $100 a b …

Wall Street JournalOil's $4.4 Trillion HoleWall Street JournalIt rankles when you lose $20. But hey, at least it isn't $4.4 trillion. That is roughly how much revenue the world's oil producers will forego over the next three years, based on the …

KOMO NewsHull damage forces Arctic oil-drilling support ship back to dockKOMO NewsProtesters in kayaks and other small craft form a blockade in front of the massive Polar Pioneer oil rig June 15 as it pulls out of Seattle on its way to the Arctic Ocean off …

MarketWatchOil settles with a modest loss after recent plungeMarketWatchOil futures pared their losses by the close on Tuesday, settling with a modest loss, but traders remained concerned over the risk of lower energy demand from China and Europe as well a …

MarketWatchOil prices are poised to fall further as Iran deal loomsMarketWatchAssuming the sanctions are removed, Matt Parry, senior oil analyst at the International Energy Agency, said he expects Iran to “quickly return to the [Organization of the Petrole …

QuartzThe great oil drilling bust continuesQuartzFalling oil prices are also the source of another source of weakness: Drilling equipment. Although drilling imports spent much of last year climbing (until the rig count began falling, anyway), exports held …

Wall Street JournalTechnip's Overhaul Bodes Ill for Oil-Field ServicesWall Street JournalThe French oil-field services company late Tuesday said it aims to cut costs by 20%. That, allied to cutbacks in areas with little prospect of profitable business …

MarketWatchOil slides 3%, extending its recent slumpMarketWatchThe fact that the oil complex is now falling more rapidly than other commodities is telling, and reflects not only concerns about demand growth, but also inventory builds in the U.S., the progr …