Financial TimesSaudi Arabia's non-oil sector slips into recessionFinancial TimesSaudi Arabia's non-oil economy has slipped into a technical recession for the first time since the 1980s, compounding the woes of a country already grappling with an oi …

Channel NewsAsiaSouth China Sea dispute is not driven by oil: Chinese energy expertChannel NewsAsiaBEIJING: China's far-reaching claims on the South China Sea are not driven by the potentially large oil and gas resources that may exist in disputed area …

Financial TimesIs cheap oil really good for the global economy?Financial TimesBut in recent years oil prices and equity markets have started to move in tandem, leading prominent economists, including former Federal Reserve chairman Ben Bernanke, to questio …

BloombergThe Oil Market Cannot Live by Shale AloneBloombergDuring the bull market in oil, it became fashionable to say something like "$100 is the new $20." These days, it's more common to hear "something less than $100 is the new $100.& …

Bangkok PostCheap oil means fewer nose jobsBangkok PostOil slumps. Middle Eastern patients cancel treatments abroad. Thai hospital stocks slide. It's the butterfly effect in action. Weak growth outlooks in the Gulf states are prompting greater competit …

Financial TimesOil breaches $50 but equity rally stallsFinancial TimesThursday 15:30 BST. Oil's brief break back above $50 a barrel — in line with a softer dollar — is energising the commodity sector, but bourses are otherwise becalmed as the latest gl …

MarketWatchWhy oil jumping above $50 is actually disastrous for crudeMarketWatchFew predicted such a sharp comeback — definitely not Dennis Gartman, publisher of The Gartman Letter, who famously said oil wouldn't even hit $44 in “my lifetime.” Nor the …

Global Stocks Higher on Oil BoostABC NewsGlobal stock markets were mostly higher Thursday after oil prices hit $50 a barrel for the first time since November. KEEPING SCORE: In early European trading, Britain's FTSE 100 was up 0.04 percent at 6,265.09 …

Financial TimesOil hits $50 as equity rally stallsFinancial TimesThursday 08:00 BST. Oil's advance through $50 a barrel in line with a softer dollar is energising the commodity sector, but bourses are otherwise under pressure as the latest global rally …

CNBCThis oil industry player is benefiting from lower oil pricesCNBCWhile much of the oil industry is bleeding from low prices and oversupply, one segment is getting a boost. Oil tankers, which are ships that carry oil and petroleum products, have benefite …