FILE – In this Monday Oct. 29, 2012, file photo, an oil pump operates in the desert oil fields of Sakhir, Bahrain, at sunset. New troves of oil are being found all over the globe and each barrel produced is selling for more than $100, as of Thursday, Aug. 1, 2013. But profits and production at the worlds biggest oil companies are slumping badly. (AP Photo/Hasan Jamali, File)