VI Consortium (press release)Unable To Pay Propane Supplier, WAPA Has Reverted To Oil, Sen. Hansen SaysVI Consortium (press release)“It has been brought to my attention by concerned insiders that WAPA has converted from the use of propane back to oil. The …

Economic TimesSuddenly, oil below $40 a barrel doesn't seem so far-fetchedEconomic TimesThe trade was a sign of the “crescendo of negativity" that's washing over the oil market, said James Cordier, founder of investment firm Optionsellers.com …

ReutersOPEC cut doubts put oil on track for biggest weekly drop in a monthThe Globe and MailOil held near $53 a barrel on Friday, but was on course for its biggest weekly drop in a month due to doubts that an OPEC-led production cut will restore balance to …

Oil Slips as Market Keeps Watch on Production PledgesWall Street JournalCrude oil prices eased on Friday with all eyes on the extent to which pledges on production cuts are being met, following reports that major producers have started to comply. Brent cru …

Wall Street JournalOil Slips on Year-End Profit-TakingWall Street JournalCrude oil prices pulled back on Friday as investors cashed in profits ahead of the holiday break. Brent crude, the global oil benchmark, fell 0.7% to $54.67 a barrel on London's I …

BloombergGlencore's All Over Oil Just Now, From Crude to Extra VirginBloombergGlencore Plc's got oil trading covered these days, from the crude that drives the global economy to the dressing for your side salad. The world's biggest commodity tr …

Wall Street JournalOil Prices Wane Despite Massive Decline in US Oil StocksWall Street JournalOil prices lost ground Friday despite a 14.5 million barrel decline in U.S. oil stocks, suggesting the drawdown was viewed as an outlier by traders and money mana …

Wall Street JournalOil Prices Slip Back Despite Sharply Lower US SupplyWall Street JournalOil prices lost ground Friday despite a 14.5 million barrel decline in U.S. oil stocks, suggesting the drawdown was viewed as an outlier by traders and money managers …

Wall Street JournalOil Stems Losses on Russia's Support for Production CapWall Street JournalCrude prices steadied on Friday following three consecutive days of losses, after Russia signaled support for a cap on production. Brent crude, the global oil …

Six Weeks In A Row – Rising Rig Count Pushes Oil DownOilPrice.comThe US oil and gas rig count, as reported by Baker Hughes on Friday, was up one over last week, bringing the total number of oil and gas rigs to 464. The US oil rig count was up 7 from last w …