USA TODAYStocks end mixed as oil drops 5%USA TODAYDriving stock prices down to start the new month were some of the same headwinds that have haunted stocks all year: falling oil prices and a fresh report which shows slowing growth in China persists. In the …

New York TimesRussians' Anxiety Swells as Oil Prices CollapseNew York TimesThe last time oil prices dropped so low and stayed there, in the 1980s, the Soviet Union disintegrated. Steadily rising prices since 2000 have lifted Russia out of poverty and e …

CNNMoneyRed flag: Oil company defaults are spikingCNNMoneyExperts say there are a lot of parallels between today's crisis and the last oil crash in 1986. Back then, 27% of exploration and production companies went bust. Defaults are skyrocketing again. …

The GuardianShell warns of 50% cut in profits amid plunging oil priceThe GuardianThe merger was originally proposed when global crude prices were at $55 but they have since fallen to $28 – driven down this week by expectations of even more oil coming into …

Telegraph.co.ukShell Profit Tumbles Amid Oil Price SlumpWall Street JournalIf approved, the merger would give Shell a stake in highly-prized oil fields offshore Brazil and bolster its already sizable position in the growing liquefied natural-gas market, bu …

CNBCWarren Buffett digs deeper into his big oil betCNBCHis buying streak extended to a sixth day Monday, new filings show, as Buffett's Berkshire Hathaway bought another 900,000 shares of Phillips 66 as that stock bounced around three-month lows.While …

CNBCBuffett finds value as oil sinksCNBCWarren Buffett is finding something to buy amid the oil market wreckage. In the days before crude fell below $30 for the first time in 12 years, Buffett's Berkshire Hathaway was picking some shares of oil giant P …

Financial TimesOil price tumble hits jobs and capital expenditureFinancial TimesOil prices tumbled to within a whisker of $30 a barrel on Tuesday, extending a savage new year sell-off as BP axed thousands of jobs and Brazil's Petrobras cut tens of bill …

Wall Street JournalOil Plunge Sparks Bankruptcy ConcernsWall Street JournalCrude-oil prices plunged more than 5% on Monday to trade near $30 a barrel, making the specter of bankruptcy ever more likely for a significant chunk of the U.S. oil industry. Three …

The Globe and MailOil patch pain drives bargain-hunters to equipment auctionsThe Globe and MailIn an auction room a few dozen potential bidders scan a picture of a used oil drilling rig projected on the wall while an auctioneer raises his voice to drum up …