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 …

Brent oil may touch $30, commodities may fall 10%: UBSEconomic TimesBrent oil may decline to near $30 abarrel before a reduction in US output helps rebalance global markets in the second half of the year, says UBS Group. Commodity prices may drop another 1 …

NorthJersey.comBig questions for NJ on crude oil exportsNorthJersey.comAfter the oil industry won a victory by persuading Congress to end a 40-year-old ban on the export of crude, it is far from clear what the impact will be on oil-filled tanker trains tra …

Oman to slash subsidies as low oil prices squeeze budgetReutersOman has long provided lavish welfare benefits to its citizens, but like other Gulf countries, it is being forced by shrunken oil revenues to scale those back. The government forecasts a defici …

The Copenhagen Post - Danish news in englishDanish engineering company to design new district in Mecca for 100000 peopleThe Copenhagen Post - Danish news in englishThe Danish engineering and consulting group COWI will design a brand new city district in Me …

Reuters UKSaudis to set strategy for era of cheap oil as red ink flowsReuters UKMarkets in the world's top oil exporter are jittery because low crude prices have pushed state finances deep into deficit and so far, the government has not revealed a deta …

ReutersSaudis to set strategy for era of cheap oil as red ink flowsReutersMarkets in the world's top oil exporter are jittery because low crude prices have pushed state finances deep into deficit and so far, the government has not revealed a detailed, …

Washington PostDonald Trump questions Ted Cruz's ties to major oil companiesWashington PostDuring a rally here on Friday night, Trump repeatedly slammed Cruz for not supporting continued subsidies for ethanol, a major business in Iowa, and suggested th …

Toronto SunOil still matters, post-KeystoneToronto SunJust because Keystone is dead doesn't mean the appetite for oil is going to go down, and only a fool would think that one pipe is going to impact the earth's climate. The challenge now, which ha …