Wall Street Journal (subscription)Brazil's Petrobras Hit by Lower Oil PricesWall Street Journal (subscription)RIO DE JANEIRO—Brazil's troubled state-run oil company, Petróleo Brasileiro SA, reported its biggest quarterly loss ever Monday after lowe …

Wall Street JournalHedge Funds Turn Bullish on Oil Despite GlutWall Street JournalSeveral hedge funds are starting to bet that assets in the battered energy sector are through the worst of their dismal run. Oil is down nearly 70% since June 2014 and analys …

Wall Street JournalAfter Years Outperforming Oil Companies, BG Ends TradingWall Street JournalLONDON—Royal Dutch Shell PLC's $50 billion takeover of BG Group PLC, expected to complete Monday, brings to an end a company that rose from humble beginnings …

ForbesOil Slump Sets Scene for MergersWall Street JournalA year-and-a-half on from the start of the worst crude-oil price crash in a generation, the biggest U.S. and European energy companies have delayed projects and made such deep budget cuts that they w …

New York TimesMarketsOil leaps as Russia says may meet Saudi on cutFinancial TimesOil prices jumped 5 per cent to near $35 a barrel on Thursday after reports said Russia's energy minister was ready to meet with Opec and Saudi Arabia to discuss a produc …

BBC NewsBP boss: Oil price will riseBBC NewsThe boss of BP has predicted that the oil price will rise in the second half of the year as demand increases from America and China and supply begins to ease as the US shuts down production. As the oil price fell …

Business InsiderMorgan Stanley's worst case scenario for oil 'turned out to be too optimistic'Business InsiderThe "oil price downturn is now deeper and longer than any of the previous downturns since 1970," according to Morgan Stanley …

Wall Street JournalCanadian Oil Sands Seeks Bid Results From SuncorWall Street JournalSuncor, Canada's largest oil producer, late Friday extended its hostile bid for Canadian Oil Sands by nearly three weeks, to Jan. 27, a move indicating the company di …

Oil trains sidelined by deepening slump in US shaleFinancial TimesThe amount of oil hauled on US railways has declined steeply in the past year as refineries swallow more foreign supplies in the face of falling domestic crude output. Tank cars, once feveri …

Wall Street JournalSaudi Aramco: Bigger Oil, Bigger TroubleWall Street JournalBut its proven reserves of 25 billion oil-equivalent barrels pale in comparison with Saudi Aramco, which is more than 10 times its size on that measure and pumps over one-tenth o …