U.S. shale oil output to rise to record 8.52 million barrels per day in July: EIA  ReutersU.S. oil output from seven major shale formations is expected to rise by about 70000 barrels per day (bpd) in July to a record 8.52 million bpd, the U.S. En …

Diversified Gas & Oil to buy assets in Pennsylvania, West Virginia for $400 mln  ReutersDiversified Gas & Oil Plc said on Wednesday that it had agreed to buy some producing gas assets located in Pennsylvania and West Virginia from HG Energy for . …

CNBCOil prices spill over $70 ahead of robust summer demandCNBCOil prices spill over $70 ahead of robust summer demand. 3 Hours Ago. CNBC's Jackie DeAngelis reports crude oil prices hit a three and a half year high, rising more than ten percent over th …

CNBCOil and gas drilling stocks are having their best quarter since 2011 ...CNBCA closely followed oil and gas fund is having its best quarter in more than six years as oil prices surge to multi-year highs.and more » Read more http://news.google …

Financial TimesSeaway leak helps send US oil below $50Financial TimesReversing Seaway helped reconnect US oil markets with prices in the rest of the world. The price discount for WTI crude against Brent, its international counterpart, has narrowed to about …

Wall Street JournalBankruptcy Bust: How Zombie Companies Are Killing the Oil RallyWall Street JournalTheir owners may be bankrupt, but the sprawling mines of Wyoming's Powder River Basin are still churning out coal. It is the same story in oil fields a …

Wall Street JournalBankruptcy Bust: How Zombie Companies Are Killing the Oil Rally ...Wall Street JournalEnergy investors have long hoped that falling prices would solve themselves by driving producers into bankruptcy and stanching the flood of excess supp …

Wall Street JournalOil Patch Claims More VictimsWall Street JournalExco's shares lost more than half their value Friday after the Dallas company said it hired advisers and formed a special committee to explore alternatives, including seeking bankruptcy …

CBC.caCheap oil will last through 2018 at least, Moody's saysCBC.caIn the early days of the slowdown that began in the late summer of 2014, the strategy for many oil producers was to ride out the storm: cut costs, put new drilling on hold and keep your …