PBS NewsHour (blog)What's driving the global glut of oilPBS NewsHour (blog)GWEN IFILL: Only a year ago, crude oil was trading at more than $100 a barrel. But prices have plunged, down more than 60 percent from its peak. Much of that drop has occurred i …

Oil at $77? It Is in This Country That Plays by Its Own RulesBloombergOil has plummeted below $39 a barrel in the U.S. But despite the price bloodbath in global energy markets, it fetches nearly twice that amount in Argentina -- home to some of the most ex …

Yahoo NewsSikorsky to cut 1400 jobs, citing falling oil productionYahoo News(AP) — Sikorsky Aircraft Corp. says it's cutting 1,400 jobs in the coming year as the helicopter manufacturer faces declining demand for shuttling workers to offshore oil platf …

Oil settles at highest level of the yearMarketWatchOil futures on Tuesday marked their highest settlement of the year, based on the most-active contracts. Prices got a boost from a weaker U.S. dollar as traders bet that weekly data will show a decline in U …

CBC.caCanada's crude oil production fell in May to lowest level in almost 2 years ...CBC.caCompanies in the space like Royal Dutch Shell, Canadian Oil Sands and Suncor Energy have yet to release their official production estimates, but they are also in …

Canaport deals help Irving Oil earn millions on LNG plantCBC.caAided by the tax break, a lucrative lease on Canaport property and guaranteed dividends it negotiated for itself, Irving Oil has been making millions of dollars at Canaport, even though its par …

Wall Street JournalLibya's War Rages but Eni Keeps Pumping OilWall Street JournalItalian energy giant Eni SpA has emerged in recent weeks as the only international oil company still pumping near capacity in war-torn Libya, helped by protection from mil …

Fox News LatinoVenezuela looking toward Hugo Chávez's oil belt to help save crumbling economyFox News LatinoFor years, state-run oil monopoly PDVSA exported coke to great profit. But a 2009 fire knocked out a conveyer belt used to transport it to waiti …

The IndependentArgentina threatens legal action against Britain over drilling for oil on ...The Independent“Spend your money feeding the English, on providing jobs for your young people and a better quality of life for the British, because we are not a thr …

Wall Street JournalSanctions Aren't Only Block for Western Oil Companies Eyeing IranWall Street JournalOil prices fell Thursday on the prospect that agreement on a nuclear deal with Iran would result in restrictions on Iranian exports being lifted, add …