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crude oil prices

(DEwira/AFP/Getty Images)

OPEC oil output near 2 1/2-year high as Saudis show no letup

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Prices tumbled the first quarter of this year as U.S. output surged to the highest level in more than four decades and OPEC members pumped more barrels.
(Daniel Acker/Bloomberg)

World’s biggest oil trader says crude price can’t drop much more

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Oil prices will range from $50 a barrel to $70 a barrel in the second half of this year, Ian Taylor, the firm’s chief executive officer, said in an interview.
(AP Photo/Brennan Linsley)

Schlumberger CEO lays out his plan to weather the crude crash

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The growing re-fracturing business is one that could boost Schlumberger’s suffering bottom line amid tumbling commodity prices.
(AP file photo/John Moore)

Saudi Aramco signs $10 billion loan as oil companies raise funds

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Saudi Aramco, the world’s biggest oil exporter, is the latest oil company in the region to take advantage of low borrowing costs to raise funds.
(Photographer: Eddie Seal, Bloomberg)

Oil rigs fall by lowest number since December

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Total rigs drilling for both oil and natural gas fell by 21 to 1,048, with gas rigs down 9 to 233, and miscellaneous rigs unchanged at 2.
Laboratory analyst, Syed Ali, takes some measurements in a lab in the research and development building, at the Baker Hughes facility. (Todd Spoth/For the Chronicle)

Dallas Fed: Texas job growth to slow, Houston to see the biggest impact

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Declines in the oil and gas industry, tight labor markets and weakening exports led to the revision, the Federal Reserve Bank of Dallas wrote Tuesday.
FRACKING WELL 01 JL

Carbo Ceramics cuts jobs, dividend as oil plunges

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The Houston firm, which makes ceramic proppant used in hydraulic fracturing, didn’t say how many jobs would be cut.
(JEFF PACHOUD/AFP/Getty Images)

U.S. gas prices jump 13 cents a gallon; could go higher

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Industry analyst Trilby Lundberg said Sunday that a rebound in the price of crude oil caused the run-up at the pump.
(AP Photo/Sue Ogrocki, File)

Small oil company to quit drilling amid falling crude

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The move makes American Eagle Energy, worth $17 million on the stock market Wednesday, the first U.S. oil producer to completely stall its drilling plans in the face of the 50-percent slide in crude prices since this summer.
(Ty Wright/Bloomberg)

Oil crash exposes new risks for U.S. shale drillers

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West Texas Intermediate crude, the U.S. benchmark, dropped about 50 percent since June amid a worldwide glut.