Press TVEnergy superpower Iran discovers oil shalesPress TVEach barrel of conventional crude oil in the Persian Gulf costs Iran between five and 10 dollars to retrieve versus $40-80 for the shale oil. Hence, the country's operations are restricted to e …

Business InsiderIran trade with GCC set to grow but oil spat loomsBusiness InsiderKuwait City (AFP) - Iran should boost trade with its Gulf Arab neighbours if a deal on its nuclear programme sees sanctions and an oil embargo lifted, but higher Iranian crud …

Fox NewsSouthern California beaches tested for tar balls after oil spillFox NewsTar ball samples were taken Thursday and Friday from Gaviota to Newport Beach, about 170 miles away, for a better reference point of where oil is washing up and to improve repo …

Dispatch TimesOil prices stabilise after massive sell-offDispatch TimesThe nearing of a deal between Iran and the worldwide community over the country's nuclear programme sent The oil price sharply lower, as investors anticipated the loosening of the t …

EagleFordTexas.com (press release)MarketsUS oil drillers add rigs for second straight weekFinancial TimesUS oil drillers added rigs for a second consecutive week, reports Anjli Raval, oil and gas correspondent. An additional 5 rigs were drilling for oil in …

Fox NewsOil from Santa Barbara spill reached California beaches 100 miles awayFox NewsLOS ANGELES – A petroleum pipeline company said Friday that oil from a Santa Barbara, California, spill spread more than 100 miles to Los Angeles County beaches. Plains A …

Wall Street JournalCleanup Under Way as Officials Assess Size of California Oil SpillWall Street JournalSANTA BARBARA COUNTY, Calif.—As an investigation and cleanup efforts began Wednesday, federal officials said that oil that spilled from a burst pipeline …

Wall Street JournalExtent of California Oil Spill Being AssessedWall Street JournalSANTA BARBARA COUNTY, Calif.—The U.S. Coast Guard is still trying to assess exactly how much oil has leaked from a ruptured pipeline in southern California into the Pacific …

Wall Street JournalCleanup Crews Tackle California Oil Spill as Officials Assess SizeWall Street JournalThe oil spill in Santa Barbara County, Calif., could be as large as 2,500 barrels, or 105,000 gallons, in a worst-case scenario outlined Wednesday by th …

The Fiscal TimesWhy Oil Prices Will Rebound Before We Know ItThe Fiscal TimesOil industry analysts have been engaging in a burning debate: Have prices hit bottom or do they have further to fall? Energy company CEOs have been voicing their views on the ques …