Financial TimesLower oil pressures energy junk debtFinancial TimesPressure on speculative-rated energy issuers of debt will only intensify should oil prices fall further into bear market territory, say analysts, with rising defaults making it harder for co …

Wall Street JournalOman to Build Giant Solar Plant to Extract OilWall Street JournalFor years, the unforgiving desert of Oman has required special tools to extract some of the planet's heaviest crude. The Persian Gulf sultanate's repertoire now inc …

The GuardianNorth Sea oil rebound fuels UK GDP growthThe GuardianA rebound in North Sea oil production in the three months to May helped the UK double its growth rate to 0.6% from the first quarter of the year, handing the Treasury a much-needed boost. Acc …

Wall Street JournalUS Oil Prices Snap Three-Week Winning StreakWall Street JournalNEW YORK—Oil prices slid Friday as the dollar strengthened and the decline in U.S. drilling slowed down. Light, sweet crude for July delivery settled down $1, or 1.6%, at $59 …

MarketWatchOil ekes out a 10th straight weekly gainMarketWatchOil futures settled lower on Friday, with the U.S. benchmark scoring its 10th straight week gain by a thread, as concerns over the global glut of crude supplies persisted ahead of a long holiday …

Wall Street JournalOil Prices Strengthen on US Supply DropWall Street JournalOil prices gained Thursday on a decline in U.S. oil storage levels and better economic numbers from China. Light, sweet crude for July delivery recently rose $1.04, or 1.8%, to $6 …

De Smog Blog (blog)How Much Water Does The California Oil Industry Actually Use?De Smog Blog (blog)The oil industry, for its part, insists it is a responsible user of water. The Western States Petroleum Association, an oil industry lobbying group, for inst …

BloombergHalliburton posts $643 million loss on oil slumpFuelFix (blog)HOUSTON – Oil field services firm Halliburton posted a first-quarter net loss of $643 million as drilling rigs continued to go silent in North American oil fields and producers asked fo …

CNBCFed could be to blame for oil's decline: AnalystCNBCThe dramatic 10-month drop in the price of oil could be due to ultra-loose monetary policy by the U.S. Federal Reserve, according to a senior analyst at a major financial services company. Mark Le …

The GuardianBritain's trade deficit shrinks as fall in oil prices cuts import costsThe GuardianBritain's trade balance improved in January after a dramatic fall in oil prices cut the cost of imports. But the higher pound and a fall in exports to th …