Oil prices tumble 5 percent after producers fail to coordinate output
By Henning Gloystein and Dmitry Zhdannikov SINGAPORE/LONDON (Reuters) - Oil prices tumbled 5 percent early on Monday after a meeting ...
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Oil down slightly; U.S. rig count drop offsets stockpiles surge
By Barani Krishnan NEW YORK (Reuters) - Oil prices were down slightly by late Thursday afternoon, paring much of the ...
Read moreCrude oil falls for second day as U.S. rig count rises
By Naveen Thukral SINGAPORE (Reuters) - Crude oil slid for a second session on Monday, falling further from last week's ...
Read moreUS rig count drops 4 this week to all-time low of 476
HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. dropped 4 this week ...
Read moreHalliburton to slash 5,000 more jobs amid oil slump
US petroleum services company Halliburton (Hanover: HAL.HA - news) said Thursday it would cut 5,000 more jobs as it downsizes ...
Read moreSaudi oil minister to face rival U.S. producers as price rout bites
By Luc Cohen HOUSTON (Reuters) - This week, Saudi Oil Minister Ali Al-Naimi will for the first time face the ...
Read moreOil down 4 percent as U.S. glut overshadows producer talks
By Barani Krishnan NEW YORK (Reuters) - Oil prices fell 4 percent on Friday, with Brent down a third straight ...
Read moreOil prices soar on report that UAE offers talks on output cuts
Oil prices soared Friday, with US crude rebounding from a 2003 low, on reports that OPEC was willing to organize ...
Read moreOil rises, pares losses in January on hopes for production deal
By Devika Krishna Kumar NEW YORK (Reuters) - Oil prices rose on Friday, rebounding more than 25 percent from 12-year ...
Read moreChevron loss adds to red ink in oil patch
Chevron (Swiss: CVX.SW - news) became the latest player in the oil industry to report a loss in the fourth ...
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