Oil Futures Fall Ahead Of Thursday Inventory Numbers

"Oil Futures for April Fall on Expectations of Further U.S. Inventory Gain"
Crude oil for April delivery fell on speculation that a government report tomorrow will show U.S. supplies climbed for the 19th time in 21 weeks as the recession cuts demand....Complete Story

"Oil Companies Bet on Swift Price Rebound Has Its Risks"
Major oil companies are promising to maintain investment through the current price dip, but the risk is growing that a prolonged slump could stymie their plans....Complete Story

"How Much Is Oil Really Worth?"
Is crude oil in the mid $30s per barrel, or in the low-$40s? Both, it turns out, which makes it increasingly difficult to figure out the headline price of crude, the world's heaviest traded commodity....Complete Story

"Sakhalin 2 Project Starts Russia's First LNG Plant"
Sakhalin Energy, the Gazprom-led consortium developing the Sakhalin 2 project in Russia's Far East, Wednesday started up Russia's first LNG liquefaction plant....Complete Story

Crude Oil Industry Headline News

"Oil Falls For A Fourth Day As U.S. Job Losses Add To Concern Over Demand"
Crude oil fell a fourth day after a report showing that the U.S. unemployment rate surged in December raised concern demand will drop faster than OPEC cuts output....Complete Story

"Petrobras Will Pay Most In Bond Market Since 2003 To Fund Tupi Investment"
Petroleo Brasileiro SA, owner of the Americas’ biggest oil discovery in three decades, will pay the most in the bond market in five years to finance a record investment plan after crude prices tumbled....Complete Story

"Exxon Mobil's Cash Hoard Offers Major Growth Options"
With nearly $40 billion in cash in its coffers, Exxon Mobil holds enough financial firepower to pull off an industry changing transaction....Complete Story

"Santos LNG JV Plans to Boost Employment in '09"
Santos said plans are in place to hire 120 employees in 2009 to work on the proposed Gladstone LNG project that it wants to build with Malaysia's Petronas....Complete Story

"Schlumberger Begins Laying Off Hundreds of US Workers"
Schlumberger has begun laying off hundreds of workers in the U.S. and around the world in the first of what experts say will likely be a wave of job cuts in the energy industry....Complete Story