"Oil Falls Below $35 as Deepening Recession Slows Global Demand for Fuels"
Crude oil fell below $35 a barrel in New York on speculation a deepening recession in the U.S., Europe and Asia will reduce fuel demand....Complete Story
"Transocean's Profit Falls as Tumbling Energy Prices Reduce Value of Rigs"
Transocean, the world’s largest offshore oil driller, said quarterly profit fell for the first time in more than two years after tumbling energy prices cut the value of some rigs and well-management services....Complete Story
"Eyes on Saudis As OPEC Weighs Output Cuts"
As OPEC ponders its next move at its March 15 meeting, analysts said the scope for further output cuts by the Saudis may be limited by domestic energy needs for natural gas to cool the desert kingdom as spring approaches....Complete Story
"Russia, China Ink $25B Oil Loan Deal"
Russia signed its biggest ever energy deal with China on Tuesday, under which its oil companies will receive $25 billion in loans in exchange for long-term crude supplies....Complete Story
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