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The supply glut swells

People are getting nervous about what's going to happen to oil in the second half of the year, reports CNBC's Jackie DeAngelis.

Source: CNBC.com

World Bank raises 2016 oil price forecast

The World Bank ups its outlook on crude oil prices this year, but predicts a slow recovery.

Source: CNBC.com

Saudi royal oil group at heart of 1MDB case

U.S. authorities have left PetroSaudi grappling with questions over its dealings with scandal-racked 1MDB, the Malaysian state wealth fund.

Source: Financial Times

Energy giants' earnings slump on low oil prices

Norwegian energy giant Statoil posted a slump in second-quarter earnings on Wednesday, as low oil prices continued to weigh on the industry.

Source: CNBC.com

Statoil CEO: On track with cost reductions

Statoil CEO, Eldar Sætre, says the oil giant continues to feel confident about its financial situation with a very strong balance sheet.

Source: CNBC.com

Low prices, low margins to continue: Statoil CEO

Statoil CEO, Eldar Sætre talks about the oil giant’s latest earnings release, in light of the persistent low oil price environment.

Source: CNBC.com

Oil market disaster: This is a glut without end in sight, expert says

The oil industry has an oversupply issue that won't be balancing out soon, Again Capital's John Kilduff says.

Source: CNBC.com

Commodities tomorrow: Not many bulls in oil trade

CNBC's Courtney Reagan discusses the day's activity in the commodities markets.

Source: CNBC.com

Why oil prices will head lower

Oil prices are heading lower in a shakeout that could continue into the fall.

Source: CNBC.com

Crude's new normal

As oil drops for the fourth straight day, should investors accept that $40 to $45 is the new normal? Kent Moors, Energy Capital Research Group, and John Kilduff, Again Capital, discuss.

Source: CNBC.com