US shale oil boom masks declining global supplyFinancial TimesOne need only look at the trend in the number of rigs drilling for oil in the US — as published weekly in the benchmark Baker Hughes survey — to see that the shale oil industry is now in severe …

Wall Street JournalTullow Oil Suspends Dividend Amid Oil Price FallWall Street JournalLONDON—Oil explorer Tullow Oil PLC has suspended its dividend for the first time and identified $500 million in cost savings in an effort to reverse the pretax loses it m …