CBC.caUS oil council: Shale won't last, Arctic drilling needed nowCBC.caThe U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energ …

Wall Street JournalPetroChina to Slash Spending as Oil Prices Hit ProfitsWall Street JournalBEIJING—PetroChina Co. has become the latest major global oil company to slash its spending plans for the coming year, after a global drop in oil prices led to a 17 …

Exploit Oil's Current LowMoney MorningBack then, oil tanker ships stored millions of barrels of crude oil off the coasts of major producing or strategic areas like the Gulf of Mexico, England, and Singapore. Spreads between near-month prices and those …

Wall Street JournalRepsol Profits Triple Despite Oil Price FallWall Street JournalMADRID— Repsol SA said Thursday its adjusted profit tripled in the fourth quarter as the Spanish company was sheltered from the oil price plunge by higher refining margins an …

Wall Street JournalOil Demand Seen as GrowingWall Street JournalDemand for crude oil is growing, Saudi Arabia's top oil official said Wednesday, amid new data showing the world is getting hungry again for petroleum products and potentially bolstering O …

Wall Street JournalWith OPEC Taking Away the Punch Bowl, US Oil Companies Are Sobering UpMotley FoolAmerica's energy industry hadn't been having this much fun since Ronald Reagan was in the White House. With the price of oil intoxicatingly high ove …

CNNMoneyWorkers at nation's largest oil refinery join growing strikeCNNMoneyThe oil industry says it shares the union's commitment to safety, but rejects the union's concerns about non-union contractors who perform "routine maintenance&quo …

Seeking AlphaOil Prices Gain Ahead of Inventory Data, ECB MeetingWall Street Journal“Instead of ensuring a balanced market by adjusting supply as it did in the past, Saudi Arabia, the largest OPEC producer, still shows no inclination whatsoever to reduce i …

Price of oil -- how low can it go?NewsOK.comDomestic oil production has surged by more than 3.5 million barrels per day over the past five years, reaching levels unseen since 1972. The new American oil has offset reductions in other parts of the world and …

Irish TimesOil prices keep falling – to $47 a barrelIrish TimesThe falling price of oil continued to drag down the price of some market heavyweights while, in Europe, hopes of quantitative easing from the European Central Bank helped shift share prices in …