Wall Street JournalOil Bust Forces West Texas to AdjustWall Street JournalAs oil and gas producers slash production around Texas, small-business owners like Clint Fletcher are suffering the consequences. Mr. Fletcher, who owns stakes in nearly two-dozen bu …
Italy Moves to Toughen Penalties for Olive Oil FraudNew York TimesThe decree is intended to regulate penalties for counterfeiting olive oil and its origins. One example of counterfeiting would be declaring that an oil was 100 percent Italian extra-virgin o …
MarketWatchS&P 500, Nasdaq eye best one-day gain since January as oil ralliesMarketWatchU.S. stocks rallied Tuesday as investors scooped up bank and technology stocks, highlighting a renewed appetite for assets considered risky as oil stormed higher. B …
MarketWatchOil gains on report of possible move this month to stabilize outputMarketWatchU.S. oil production has posted slight but steady declines throughout 2016 and “a number of prominent producers” have announced plans to reduce year-over-year output by …
CNNMoneySorry, OPEC: U.S. oil production at 43-year highCNNMoneyBut shale oil producers have held up far better than many feared. "The U.S. oil industry has demonstrated remarkable resilience," said Jason Bordoff, a professor at Columbia Universi …
Financial TimesOil price collapse reverses fortunes of Latin American economiesFinancial TimesOil was contributing in some countries from 20 to 50 per cent government revenues and 50 to 96 per cent of exports,” said Luisa Palacios, head of Latin America at …
CNNMoneyCracks emerge in U.S. oil boomCNNMoneyThe American energy boom is finally showing some cracks from the crash in oil prices. U.S. oil production decreased by 120,000 barrels per day in September from August, according to a report released by the Ene …
Financial TimesRoyal Dutch Shell warns of risk of oil price spikeFinancial TimesRoyal Dutch Shell on Tuesday warned of the risk of a “spike” in oil prices should Opec keep pumping flat-out in the face of an expected decline in output after spending cuts by …