Despite the seemingly never-ending saga of low oil, one trader placed a big bet that one area of the energy market could make a major comeback.» Read More
Drillers added 12 oil rigs to U.S. fields in the last week, snapping a 29-week streak of declines.
'Don't panic about oil' is the message from experts, even as traders anticipate lower prices amid expectations for a return of Iranian crude exports.
CNBC's Jackie DeAngelis reports crude oil settled at $57.0 on Wednesday, and traders believe this could be the beginning of a leg lower.
CNBC's Jackie DeAngelis reports on the dip in oil prices into the close Wednesday.
São Paulo is experiencing a water crisis so bad that experts say it could impact business internationally.
U.S. crude broke below its two-month trading band as progress in Iranian nuclear talks and a surprise supply build weighed on futures.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Oil prices bounced from three-week lows on Tuesday, but U.S. and international benchmarks remained on course for a month of losses.
Oil prices dropped as a rising U.S. rig count stoked fears of oversupply and after Chinese regulators opened an investigation into suspected stock market manipulation.
Elizabeth Sherwood-Randall, Deputy Secretary of Energy, discusses the government's efforts to protect the nation's power from cybersecurity threats, and building the U.S. energy infrastructure.
A final accord to curtail Tehran's nuclear ambitions could lead to a glut of Iranian crude hitting an already "oversupplied market," a leading oil expert tells CNBC.
Iran needs a nuclear deal, but it appears the U.S. wants the agreement more, Karim Sadjadpour, senior associate at the Carnegie Endowment, says.
Even if there is a successful nuclear deal, Iran will need some time to ramp up oil production due to years of underinvestment, says Azlin Ahmad, editor, crude oil at Argus Media.
The NYMEX oil price remains bullish and could be headed for $63, technical analysis shows.
Gasoline prices in the United States fall for the first time in two weeks.
Jim Cramer explains why he is confused by Deutsche's call to sell Macy's, and Credit Suisse's report on Tesla.
Corporate America has made progress on inclusiveness, but there's more to do before workforce equality is a reality, says Kent Harvey.
Iran's nuclear talks may be the catalyst to break oil prices out of a tight trading range, created by record oil production meeting a wave of surprisingly strong demand.
British officials rejected another Cuadrilla Resources shale gas project, four days after refusing a different shale gas application.
CNBC's Jackie DeAngelis looks at the decline in the oil services ETF.