Wall Street JournalThe Rarest Texas Flower: A New Oil BillionaireWall Street JournalAUSTIN, Texas—When Bryan Sheffield sought investors to finance the first oil well drilled by his company, he pitched a fairly standard 20% return. Then, he gambled he could …

MarketWatchAsian markets slide as oil prices dipMarketWatchOvernight in the U.S., oil prices fell sharply, briefly dipping below $40 a barrel due to a supply glut. Prices have dropped 22% in less than two months, ending a rally that took prices above $50 i …

Wall Street JournalU.S. Oil Prices Enter Bear Market - WSJWall Street JournalCrude settled at $40.06 a barrel, after dipping below $40, down 22% from early June, when it traded above $50.and more » Read more http://news.google.com/news/url?sa=t& …

Wall Street JournalOil Pay Plans Could Be Bad for BondholdersWall Street JournalMost oil-company executives derive part of their annual cash bonuses by hitting production and reserve growth targets. These bonuses, which can amount to millions of dollars, h …

Wall Street JournalWhy Some Frackers Look Good After the Oil BustWall Street Journal“Fracker” is still a dirty word in financial markets. It shouldn't be. As bankruptcies pile up among companies that rode the boom and recent bust of hydraulic fracturin …

Wall Street JournalOil Patch Relieved by Price ReboundWall Street JournalOil prices finished their best month in a year on Friday and are headed back toward $50 a barrel, bringing some relief to beleaguered energy producers even though they reported some o …

Wall Street JournalInvestors Optimistic About Oil-Company Stocks After EarningsWall Street JournalExxon Mobil Corp. reported its worst quarterly results since 1999 on Friday, the latest in a parade of woeful earnings from oil and gas producers world-wide f …

Wall Street JournalOil and Gas Rise After Reporting ResultsWall Street JournalYet despite a 63% drop in profits to $1.8 billion, investors shrugged off Exxon's performance and its shares rose less than 1% to $88.56 in midday trading—mirroring a trend t …

Aljazeera.comCrude power: The oil game uncoveredAljazeera.comCounting the Cost takes a look at where the global oil industry stands right now - from Doha and Saudi Arabia to Oklahoma and to Azerbaijan. We talk to Spencer Welch, Oil Markets and Downstream, …

Wall Street JournalOil Producers Lock In Once-Snubbed PricesWall Street JournalBenchmark U.S. oil prices have shot up by more than 65% since hitting a 13-year low in February, giving producers a chance to lock in better prices just as many banks are re-eva …