Wall Street JournalWhy oil can hover around $50, but not for longThe Globe and MailThe current upward sloping shape of the WTI futures curve is helping support the crude price by making the process of storing oil and “selling forward” profitable. Large tra …

FuelFix (blog)Three more oil service firms cutting hundreds of jobs, wagesFuelFix (blog)The reductions come as hundreds of U.S. land rigs have gone idle amid billions in oil-company spending cuts, a reaction to plummeting crude prices, which have been cut …

Calgary Housing Boom Poised for Bust in Oil ReversalBloomberg(Bloomberg) -- The oil that fueled Calgary's housing boom has created the conditions for a bust. Genworth MI Canada Inc., the country's largest non-government mortgage insurer, said last …

Sydney Morning HeraldThis almost forgotten metric is suddenly driving the oil marketThe Globe and MailThis past Friday, traders were bent over their desks, staring at their screens, waiting for 1 p.m. ET to see whether drillers extended their biggest-ever …

NJ.comW. Va. oil train explosion has N.J. raising concerns over rail safetyNJ.comEach day, long trains trailing hundreds of matte-black tank cars filled with highly flammable crude oil snake along the rails through New Jersey to a refinery in Linden. On on …

NDTVOil tumbles as huge supplies raise doubts about rallyThe Globe and MailBenchmark Brent oil fell below the psychological $60 support and U.S. crude traded not far above $50 after industry group American Petroleum Institute estimated a supply build of mo …

The oil price war will be won on the field of costsThe Globe and MailSamuel Dodd wasn't known to be a great bard, but the American oil pioneer has been credited with inking the first poem about life on the rigs. His verses from 1860 speak to the strugg …

Sydney Morning HeraldBuffett Ends $3.7 Billion Exxon Investment Amid Oil PlungeBloomberg(Bloomberg) -- Warren Buffett's Berkshire Hathaway Inc. exited a $3.7 billion investment in Exxon Mobil Corp. amid a slump in oil prices. Crude has fallen by about …

Oil climbs up again: Here's why prices could easily come downEconomic Times"We cannot predict nor control the length or depth of this oil price correction or the timing and extent of the rebound," John J. Christmann IV, Apache's chief exe …

CBC.caSharp slump in oil prices pumping up US economyThe Globe and Mail (subscription)Slumping oil prices may be denting Canada's economy, but south of the border, the dramatic fall is being heralded as a positive force that's adding momentum to th …