Sydney Morning HeraldProgrammed Maintenance slashes jobs, downgrades profit forecast on oil woesSydney Morning HeraldProgrammed managing director Chris Sutherland says he was surprised at the speed of the oil price slump, which has triggered $75 million of …
CNNMoneyOil-rich Venezuela is now importing US oilCNNMoneyA ship carrying half a million barrels of oil that was pumped in the U.S. docked at a terminal owned by Venezuela last week, according to oil data research firm ClipperData. The shipment was sent to …
Fox NewsCheap Oil, Good for Consumers, Is Slamming Stocks. Why?ABC NewsStocks are having their worst start to a year in history in part because of a rapid plunge in the price of oil. The price of crude is down 28 percent this year already, which in turn ha …
Financial TimesMorgan Stanley warns on further slide in oil priceFinancial TimesOil could fall towards $20 a barrel if China tries to swiftly depreciate its currency, Morgan Stanley said on Monday, adding to a growing number of voices warning of a further …
Business InsiderSHELL BOSS: The oil slump won't lastBusiness Insider"The oil prices we are seeing today are not sustainable and are going to settle at higher levels," he said, "and higher, in my mind, over the next few decades than the l …
Telegraph.co.ukChinese stocks tumble again, oil falls and gold risesTelegraph.co.ukOil prices could hit the low $20s Photo: ALAMY Oil prices have also continued to slump on persistent worries about China's growth slowdown and a supply glut, although an …
Telegraph.co.ukSaudi Arabia won't stop pumping oil, says ministerTelegraph.co.ukThe de facto leader of the world's 12-member oil cartel, Opec, Saudi Arabia has led the move to drown the world with excess supply in a bid to undercut higher cost riva …
Calgary HeraldEwart: From bad to worse … oil price plunge dominates 2015Calgary HeraldThe biggest shock waves that reverberated through Canada's oil and gas sector in 2015 were not from fracking — although stay tuned on that front — but the tens of tho …
CNNMoneyRussia is bracing for $30 oil in 2016CNNMoney"Everything indicates that low oil prices are likely to dominate next year. And it is possible that at some periods [the oil price] will be $30 per barrel," Siluanov was quoted as saying by Rus …
CNNMoneyDefaults soar to recession levels, fueled by cheap oilCNNMoneyThe 2015 default list is riddled with energy companies succumbing to the crash in oil prices since last year. Almost one-third of this year's defaults were companies in the oil, gas …