LONDON, Feb 5 (Reuters) - Even as millions of barrels of oil are pumped at a loss at current prices, only a fraction of the production has been shut, industry research group Wood Mackenzie said on Friday. Read full story › Source:: Reuters UK Natural Resources       

Operations in world's most expensive field are under threat Read full story › Source:: FT.com Oil and Gas       

By hellenicshippingnews America is pumping so much oil that it's running out of places to keep it all. The U.S. now has nearly 503 million barrels of commercial crude oil stockpiled, the Energy Information Administration said on Wednesday. It's the highest level of supply for this time of the year in at least 80 years. […]

* U.S. crude stocks likely hit record last week -Reuters poll (Updates throughout, changes dateline from SINGAPORE) Read full story › Source:: Reuters UK Natural Resources