Oil prices plunged again on Wednesday by more than 5 percent as investors paid more attention to signs that global stockpiles are growing than to increasing instability in the Middle East and North Africa. [The NY Times]

The New York Stock Exchange announced Wednesday afternoon it would begin proceedings to delist Oklahoma City-based SandRidge Energy, because of its “abnormally low” stock prices. [Fox News 25]

Walter Energy and the United Mine Workers of America were in Federal Bankruptcy Court in Birmingham Wednesday as workers awaited news on the future of the company. [ABC 3340]