Saudi Aramco Plans $25.6B Share Sale in Record-Breaking IPO
The IPO, which is the largest in history, would value the company at $1.7 trillion.
IEA Cuts Oil Demand Forecast
Oil demand growth falls to its lowest level in years as the global economy slows.
GulfMark Files Chapter 11 Amid Oil Price Drop
The downturn in oil has caused half of the company's fleet of 66 offshore support vessels to be idled.
Venoco Files Chapter 11 Due to Oil Price Slump
The Denver company says the declining price of oil and the closure of a key pipeline "continue to be serious problems."
U.S. Oil Output To Decline in 2016, OPEC Says
OPEC appears to have calculated correctly that increasing its production in response to falling oil prices would force out high-cost U.S. producers.
U.S. Producers to ‘Bear Brunt’ of Oil Price Rout
An International Energy Agency forecast is the gloomiest for U.S. oil production since crude prices crashed last month.