Houston ChronicleOil discoveries hit lowest point in 70 years - Houston ChronicleHouston ChronicleIn this June 25, 2012 file photo, a crew works on a gas drilling rig at a well site for shale based natural gas in Zelienople, Pa. The Obama administration is …

BloombergSaudi Retreat From US Oil Market Cuts Exports to 30-Year LowBloombergThe plant is owned the Saudi Arabia's state-run oil company, Aramco, and since it first bought a stake in 1988, the Motiva refinery guaranteed the kingdom a strategic foothol …

Economic TimesWhat I read this week: End of oil in 10 years and how they don't let you use your moneyEconomic TimesHey there. Let's talk about the end of oil in 10 years! This piece says by 2030, 95 per cent of US passenger miles travelled will be …

BloombergSingapore Defaults Boost Calls for Aid as Oil Firms FalterBloombergSingaporean companies struggling to meet debt obligations as oil prices slump may get more support from the government if the economy deteriorates further, according to global audi …

Wall Street JournalOil's Anti-Freeze: The Saving Grace of a StalemateWall Street JournalIn a market blowing hot and cold, it's appropriate that a freeze turned out to be just a lot of hot air. The world's biggest crude exporters failed Sunday t …

The Globe and Mail (subscription)Oil slump sees confidence slide in Prairie provincesThe Globe and Mail (subscription)Investment in Alberta's energy industry has plunged this year as oil at these levels makes many sites unprofitable. Alberta's crud …

BloombergGulf Oil States Need Swift Adjustment to Lower Prices, IMF SaysBloombergThe International Monetary Fund warned Middle Eastern oil exporters that their economies will pay a price if they don't take rapid steps to scale back public spending amid …

ArabianBusiness.comKuwait's gov't budget surplus shrinks 26% on lower oil pricesArabianBusiness.comKuwait's government budget surplus shrank 26 percent in the first nine months of this fiscal year as lower oil prices cut revenue sharply, analys …