BBC NewsLow oil price 'hitting Aberdeen hotel demand' says PwCBBC NewsThe lower oil price is continuing to hit Aberdeen's hotel trade and wider business community, according to a new analysis. PwC said the city's hotels had experienced doub …

Gulf Rig Supplier May Be First to Exit Oil-Slump BankruptcyBloombergHercules Offshore Inc. may become the first big energy-sector business to exit bankruptcy since the crude slump triggered insolvencies among oil and gas drillers and the companies that ser …

Wall Street JournalOil Patch Braces for Financial ReckoningWall Street JournalU.S. energy companies have defied financial gravity for more than a year, borrowing and spending billions of dollars to pump oil, even as crude prices plummeted. Until now. The o …

Wall Street JournalOPEC Cuts Forecast of Oil Supplies From Nonmembers in 2015Wall Street JournalThe Organization of the Petroleum Exporting Countries cut its forecast of oil supplies from nonmember countries in 2015, a sign that crude's price collapse …

Falling oil prices prompt sharp rise in layoffsCBS NewsDALLAS -- In the oil industry, as always, boom has gone to bust. Oil prices have fallen to the lowest in years -- $46 a barrel on Friday -- and have cost 100,000 American jobs so far this year. Wendy P …

The Globe and MailOil recoups losses on gasoline, equities recoveryThe Globe and MailOil prices steadied on Wednesday as rising demand for gasoline and stronger U.S. equities balanced concerns about the global economy and oversupply. API data on Tuesday sh …

Telegraph.co.ukOpec powerless to halt oil price slide, warns former group presidentTelegraph.co.ukWith oil prices plummeting due to global oversupply, the Organisation of the Petroleum Exporting Countries (Opec) would be unable to stabilise the market on i …

KTRK-TVHouston economists wonder how low the price of oil will goKTRK-TVMehnert now runs Pink Petro, an advocacy group for women in the oil and gas industry. She says the downturn may force layoffs and retirements. However, it could also spur innovation, a …

Wall Street JournalNo End in Sight for Oil GlutWall Street JournalWhen oil prices started to edge down a year ago, most energy mavens thought the drop would be small and short-lived. Instead, the price of crude has plunged by almost 60% from its 2014 peak— …

The Globe and MailOil prices fall, heads for 6th weekly loss on gasoline glutThe Globe and MailTraders and investors were awaiting the latest weekly reading on the U.S. oil rig count from industry firm Baker Hughes at 1:00 p.m. EDT for signs on whether cru …