CNNMoneyU.S. running out of space to store oilCNNMoneyCushing, Oklahoma is the delivery point for most of the oil produced in the U.S. This key trading hub is currently swelling with 64 million barrels of oil. That represents a near-record 87% of the facil …

Oil-Price Poker: Why the Saudis Won't Fold 'EmWall Street JournalThe game being played in the global oil market today bears more than a passing resemblance to poker. Nobody wants to quit while they're losing. That is important for investors to …

BBC NewsIslamic State fighters target Libyan oil port of SidraBBC NewsFighters from the so-called Islamic State (IS) group have clashed with guards near Libya's Sidra oil port east of its Sirte stronghold, reports say. It is not clear how close the fig …

US oil 'strippers' maneuver to keep pumping amid crude slumpReutersThe conventional wisdom is that "strippers" would be the first to fold in the face of oil's slide below $40 given their tiny size - some may pump as little as few hund …

CNNMoneyEpic oil glut sparks super tanker 'traffic jams' at seaCNNMoneyoil tanker traffic Cargo tracking data from ClipperData/Datamyne show how oil tanker traffic is piling up off the U.S. Gulf Coast. Blue dots indicate Aframax ships that can cont …

Wall Street JournalSouth Texas Experiences Deepest Oil Production CutsWall Street JournalAmerican oil companies pulling back in the face of low crude prices are making the steepest production cuts in South Texas. Oil output from the giant Eagle Ford field …

Wall Street JournalChevron, Exxon Cut Spending on Oil Price SlideWall Street JournalAs costs to drill and pump oil and gas continue to fall in the low-price oil environment, the biggest U.S. oil company said it expects to shave another $1 billion off its c …

ReutersUS oil output slide looms as shale firms hit productivity wallReutersSuch "high-grading" helped shale oil firms push U.S. output to the loftiest levels in decades even as oil tumbled by half to less than $50 a barrel and firms slashed rig …

Wall Street JournalNo End in Sight for Oil GlutWall Street JournalWhen oil prices started to edge down a year ago, most energy mavens thought the drop would be small and short-lived. Instead, the price of crude has plunged by almost 60% from its 2014 peak— …

Wall Street JournalOil Prices End Little ChangedWall Street JournalPrices jumped in early trading on expectations that weekly U.S. inventory data would reflect strong commercial and consumer demand for oil and refined fuels such as gasoline. But the report …