AlterNetWave Of Profit-Taking Keeps Oil From Breaking OutOilPrice.comForty-one years to the day after the birth of chef Jamie Oliver, and the recent rally in oil is looking a wee bit overcooked, after having a nibble at the $50 mark. Dollar strength return …

Hercules Offshore to File for Chapter 11 Again, Hit by Oil Price SlumpWall Street JournalLast year, Hercules seemed to be taking a proactive approach to its finances, filing for bankruptcy in August, relatively early in the oil and gas downturn, after stri …