Globalnews.caIMF slashes Canada's economic outlook as oil slump drags onGlobalnews.caOTTAWA – The International Monetary Fund cut its growth outlook for the Canadian economy on Tuesday to just 1.0 per cent for the year, due to the drop in oil prices an …

Wall Street JournalFor Russia, Oil Collapse Has Soviet EchoesWall Street JournalRussia's currency and economy, already squeezed by Western sanctions, have been sent into virtual free fall by slumping oil prices. The International Monetary Fund predicte …

ABC OnlineOil prices pull Canada into recession, fuelling concerns Australia could be nextABC OnlineCanada fell into a recession in the first half of the year as its economy reeled from the impact of low oil prices. According to Statistics Canada, the econ …

Bloomberg$40 Oil May Force Russia Into an Emergency Rate Hike, Economists SayBloombergWhen asked about the central bank's own analysis of the $40-per-barrel oil scenario, which found a roughly 600 billion ruble capital deficit and two-fold increase in …

Oil dips, pressured by disappointing GDP figureMarketWatchCrude-oil futures lost ground Wednesday, hurt by a softer-than-anticipated reading on U.S. economic growth, though they have recovered after slumping immediately after the report. Investors also are …

CNNMoneyBoone Pickens to Texas: Don't panic. Oil is going higherCNNMoneyEven though inventories are sitting at record highs, Pickens is standing by his call for oil to rise to $70 a barrel by the end of the year before rising to $90 to $100 in the next …

International Business TimesJapan Stocks At 15-Year Peak, Oil Down As Saudi Ends Yemen Air CampaignInternational Business Times(Reuters) - Japanese shares rallied to a 15-year high on Wednesday on expectations of improved corporate earnings, while oil sagg …

BBC NewsPetrobras's oil bonanza: Blessing or curse?BBC NewsIn 2008, Petrobras and its main stakeholder - the government of Brazil - hit the jackpot. The state oil firm's technicians discovered one of the world's largest oil reserves deep beneat …

Wall Street Journal (blog)Oil States See Slumping Employment as Texas Loses 25000 Jobs in MarchWall Street Journal (blog)While the U.S. economy continued to add jobs last month, states that rely heavily on the oil industry experienced significant cuts. Job …

The GuardianStrong dollar and low oil price lead to disappointing US jobs figuresThe GuardianJobseekers discuss their CVs with representatives of Chattanooga Labeling Systems at a job fair in Georgia. Although the headline jobs figure disappointed analysts …