MarketWatchOil futures drop to multiyear lows with supply glut seen as 'biggest threat'MarketWatchThe latest U.S. data revealed a big weekly drop in crude supplies, but also showed that gasoline inventories jumped and oil production climbed. A weak …

Wall Street JournalOil-Field Services: Pain AgainWall Street JournalDig deep and keep going. The European oil-field services sector's market value has roughly halved over the past two years, pummeled by the tumbling oil price and sharp cut-backs to inv …

OilPrice.comObama Admin Throws Alaska An Oil LifelineOilPrice.comConocoPhillips has plans to drill the Greater Mooses Tooth Unit (GMT-1), which could result in the first oil and gas production from federal land in the NPR-A. “I'm proud of this collabor …

Wall Street JournalOil Slump Forces Deep Cuts by Service ProvidersWall Street JournalOil-field service companies are slashing costs amid an industry-rattling fall in crude prices, and no cut is too small—such as using white paint instead of yellow on under …

Financial TimesLow oil lifts credit risk at US banksFinancial TimesStresses created by the low oil price are contributing to elevated credit risk in the US banking sector despite a relatively strong economy, regulators have warned. In a joint report US ban …

Wall Street JournalSchlumberger Earnings Fall, Hurt by Oil PricesWall Street JournalMr. Kibsgaard said the oil-field services outlook for the coming quarters looks increasingly challenging, with activity expected to be reduced further, as lack of available …

CNBCUS Oil-Rig Count Falls to 628 in Latest Week; Gas Rigs RiseWall Street JournalU.S. commercial crude-oil supplies fell by 4.9 million barrels in the week ended June 19, according to the U.S. Energy Information Administration. That was the eighth straigh …

Wall Street JournalOil Investors Look Too Optimistic by HalfWall Street JournalIn England, when your soccer team has taken a shellacking in a game's first 45-minute period, it is customary to say, wistfully or defiantly: “It's a game of two halves. …

Christian Science MonitorIn California and beyond, drilling for oil as water runs shortChristian Science MonitorAdvances in hydraulic fracturing, or fracking, have led to a North American energy boom that can use as much as 5 million gallons of water per w …