New York TimesLower Oil Prices Strike at Heart of Oil Sands ProductionNew York TimesOTTAWA — For as long as 400-ton dump trucks have been rumbling around the open pit mines of Canada's oil sands, crews from Kal Tire have been on hand to replace and rep …

Reuters UKOil prices rally above $53 as investors pile inReuters UKBoth contracts rallied about 8 percent on Friday, fuelled by month-end short-covering and a record weekly drop in the number of U.S. oil rigs employed, according to industry data from Baker …

Crude oil is rallying againBusiness InsiderCrude oil is rallying again to start the week. Near the open of US trade on Monday, the price of West Texas Intermediate crude oil was up more than 2% to around $49.30 a barrel, while Brent crude was up more than …

Minneapolis Star TribunePlummeting oil prices cut North Dakota revenue forecast in halfMinneapolis Star TribuneOil prices have been cut in half, and so has North Dakota's budget. A drastic drop in the oil market has carved a $4 billion crater in the st …

BloombergBankers See $1 Trillion of Zombie Investments Stranded in the Oil FieldsBloombergAfter crude prices dropped 49 percent in six months, oil projects planned for next year are the undead -- still standing upright, but with little hope of a productive …

Wall Street JournalUS crude drops below $44 as inventory builds scare marketReutersBut crude futures in New York were near a six-year low by midmorning after a report from oil services firm Genscape, which a market source said showed fresh builds of 1.6 mi …

ReutersOil rises on short covering but supply worries loomReutersOil prices had risen broadly earlier in the day after preliminary U.S. data showed weekly jobless claims at a near 15-year low, indicating further strength in the world's largest economy. …

ReutersBrent oil up above $49 as investors look for reboundReuters"Traders buying and putting oil into storage may be holding the price for now," said Christopher Bellew, a broker at Jefferies Bache in London. "I see the market as being in a …

ReutersBrent oil holds above $48 after US stocks hit record highReuters"Traders buying and putting oil into storage may be holding the price for now," said Christopher Bellew, a broker at Jefferies Bache in London. "I see the market as being …

ReutersOil holds above $48 a barrel after US stocks hit record highReutersOn Wednesday, the U.S. Energy Information Administration (EIA) said domestic crude oil stocks had risen by almost 9 million barrels week on week to nearly 407 million, the highest le …