BloombergVenezuelan Oil Too Big to Fail, at Least for China and RussiaBloombergState-owned Petroleos de Venezuela SA, keeper of the world's largest oil reserves, has seen output drop to a 14-year low, beset by the country's economic collapse, a glo …

24/7 Wall St.WTI Soars As US Oil Rigs See Biggest Decline Of The YearOilPrice.comWTI and Brent continue on their upward trend as even more analysts agree on the increased likelihood that OPEC will extend their production cut agreement throughout all of 201 …

MarketWatchOil Prices Could Spike $10 as US Sanctions Odds on Venezuela IncreaseInvestopediaWe believe energy sanctions may at least ban imports of Venezuelan crude to the US as well as US exports of light oil and products to Venezuela. US refiners, who op …

CNBCShell Posts 700% Rise In Earnings, Prepares For 'Lower Forever' Oil PricesOilPrice.comIn spite of Shell's success in generating a positive cash flow, the oil major laid out a somewhat pessimistic vision for oil prices. Shell CEO Ben van Beu …

CNBCShell sees future of 'lower forever' oil pricesMarketWatchLONDON-- Royal Dutch Shell PLC laid out a pessimistic vision for the future of oil on Thursday, even as the company reported success in generating cash during a prolonged downturn. Shell …

Oil and Gas Finds Pump Up Repsol's Earnings in 1st HalfNew York TimesMADRID — Spanish energy company Repsol says new oil and gas findings and efficiency improvements drove a 65.3 percent increase in net profit in the first half of the year. Repsol said …

ReutersWhy record US oil exports are poised for even more growthReutersLast year, the U.S. became the world's top net exporter of fuel, an outgrowth of booming domestic production since the shale oil revolution started in 2010. That's a fundamental …

Financial TimesOil and the battle for Norway's soul - Financial TimesFinancial TimesFor a country priding itself on climate action, $60bn worth of petroleum beneath the Lofoten archipelago poses an existential dilemma.and more » Read more ht …

Sydney Morning HeraldProgrammed Maintenance slashes jobs, downgrades profit forecast on oil woesSydney Morning HeraldProgrammed managing director Chris Sutherland says he was surprised at the speed of the oil price slump, which has triggered $75 million of …

CNNMoneyOil-rich Venezuela is now importing US oilCNNMoneyA ship carrying half a million barrels of oil that was pumped in the U.S. docked at a terminal owned by Venezuela last week, according to oil data research firm ClipperData. The shipment was sent to …