Schlumberger's customers are abruptly cancelling projects, the world's largest oilfield services company warned, as took a $1B hit, the FT reports.
As oil prices bounced on Thursday, one options trader is betting on a big surge for one of energy's most beleaguered names.
The freezing waters of the Cromarty Firth in Scotland have become a worrying barometer for energy veterans. The FT reports.
Morgan Stanley chief James Gorman also tells CNBC he'd be surprised if the Fed didn't make more rate hikes this year.
CNBC Pro searched for who could be the big winners and losers if crude rebounds significantly.
Oil briefly rose above $30 per barrel in a short-covering relief rally, but crude has still not found a floor.
EnQuest CEO, Amjad Bseisu tells CNBC how the oil and gas production company will survive the current oil price environment.
With no signs of economic reprieve for Russia, there could be "trouble" in the country if the money runs out, Kremlin-critic William Browder said.
"We have a ways to go" before oil bottoms, closely followed analyst John Kilduff tells CNBC, pointing to new wrinkles to the bearish market.
Oilfield service providers tend to get hit first and fast from commodity price declines, said Thomas McNulty, Director at Navigant, as Schlumberger posts its first quarterly loss in 12 years.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Despite an overnight rise in oil prices, Jim Lowell, Chief Investment Officer at Adviser Investments, remains pessimistic. He warns markets remain weighed down by a glut in supply.
Jill Potts, Summit Oilfield Supply, explains how dark things have gotten in the oil supply business.
A huge snowstorm is forecast for the East Coast this weekend, with heavy snow expected to blanket parts of at least 15 states.
U.S. oil prices rebounded more than $1 a barrel from 12-year lows, posting their biggest daily gain this year.
Discussing oil production and demand, with Francisco Blanch, Bank of America Merrill Lynch.
Union Pacific CEO Lance Fritz talks about his company's earnings miss which he attributes in part to what he calls an "energy recession."
CNBC's Jim Cramer explains why he is watching Alkermes.
CNBC's Jackie DeAngelis reports a draw down in natural gas inventories in part because of falling winter temperatures.
Stock markets have been bouncing up right at 2:30 p.m., marking a notable reversal from the big declines of the day.
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