CNNMoneyMystery: How much more oil can the Saudis really pump?CNNMoneySaudi Arabia has long claimed it has the firepower to overwhelm the oil market by pumping tons more crude if it wanted to. The OPEC leader is already pumping ferociously as part of a pri …

Daily MailSaudi Arabia considers paying contractors with 'IOUs' amid oil price fallDaily MailSaudi Arabia is so short of cash because of plunging oil prices that it is considering resorting to handing contractors IOUs. Bloomberg reports that contra …

Irish TimesTullow Oil slumps on Goldman Sachs, Macquarie downgradesIrish TimesShares in the London-based oil exploration company, headed by Aidan Heavey, fell 8.8 per cent in midafternoon trade to €3.27. In a note to clients on the oil exploration and prod …

Barron'sUS producers Ultra and Midstates fall victim to low oil priceFinancial TimesThe defaults are the latest failures to strike an industry struggling with an oil price that has declined more than 60 per cent from a 2014 peak. Analysts with credit ratin …

MarketWatchOil prices fall under $45 after April's hefty gainsMarketWatchData that reportedly show a significant weekly rise in stockpiles at the Cushing, Okla. storage hub, rising output from major oil producers, and some downbeat U.S. economic figure …

CNNMoneyOil fallout: Laid off Saudi workers torch busesCNNMoneyHere's a rare sight in Saudi Arabia: Protesters who lost their jobs due to the oil crash setting buses on fire. The Saudi Binladin Group, a massive construction company founded by the fathe …

New York TimesPast is prologue? Saudi Arabia's clumsy oil diplomacyBrookings Institution (blog)In the face of the Iranian stance, the decision to proceed with Sunday's meeting among major oil producers seemed to suggest Saudi flexibility on the que …

Wall Street JournalOil Prices Drop on Production-Freeze PessimismWall Street JournalOil prices fell on Wednesday as profit-taking and pessimism over whether major crude producers can agree to a production freeze brought the price down from its highs on Tue …

NPRBefore Hollywood, The Oil Industry Made LANPREver watch The Beverly Hillbillies and wonder why Jed Clampett moved to Beverly Hills and not Texas or some town that we more closely associate with oil? Even Angelenos forget sometimes that the Clampetts cam …

Wall Street JournalUS Oil Stages Late RallyWall Street JournalU.S. and global oil markets managed to grind out gains Tuesday, rallying in the final minutes of trading after chopping around the break-even point most of the session. The benchmark U.S. oil co …