Oil recovering from near six-month lows Tuesday as bets for a drop in U.S. crude stockpiles offset worries about a global supply glut.» Read More
Oil prices slipped on Wednesday after data showed a second consecutive weekly jump in U.S. crude oil stockpiles.
Russia could face budget problems if oil stays at recent lows—especially given a sliding ruble and Crimea-related costs.
The data painted a weak inflation picture that should give the Federal Reserve ample room to keep interest rates low for a while.
Total has confirmed that Patrick Pouyanne, head of refining up until now, will take over as chief executive, and Thierry Desmarest as chairman.
Irene Muloni, minister of energy and minerals for Uganda says commercial reserves of petroleum and gas have recently been discovered in the country.
The falling cost of solar energy is key for a long growth trajectory, Ahmad Chatila, CEO and president of SunEdison, says.
Oil prices closed slightly higher after an early rally aided by data showing stronger-than-expected China demand and some technical price recovery.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Commodities rallied today. Oil was up on the day and nat gas rebounded after hitting an 11-month low.
Tributes pour in for Christophe de Margerie after the chief executive of Total died in a business jet crash in Moscow.
Omega Advisors' Leon Cooperman, discusses his take on the energy sector and low oil prices.
Gas prices are falling but GasBuddy.com's Tom Kloza said he doesn't think that will necessarily translate into a huge boost in consumer spending.
Wirat Uanarumit, CFO of Thai oil giant PTT, discusses price reform in Thailand and the impact of lower oil prices on the firm's revenues and profits.
The recent drop in oil prices could be due to more than just lower demand, according to some analysts, who have suggested that the U.S. could be deliberately manipulating the market.
Stephen Schork, "The Schork Report" editor says oil prices may be approaching a bottom of the market.
Halliburton reported a better-than-expected profit, helped by buoyant shale drilling activity in North America.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks and commodities both stabilized today. WTI was down slightly, nat gas took a big hit, and gold was up a bit on the day.
Brent crude futures edged higher, after U.S. data buoyed global financial markets, with a cut in Saudi-Kuwait oil output providing further support.
Neil Atkinson, head of analysis at Lloyd's List Intelligence, says OPEC is likely to cut oil production but won't place individual country quotas.
Despite its oil revenues, Venezuela's economic and fiscal situations are in free fall. Learn why here.
Fauzi Ichsan, Indonesia Managing Director of Standard Chartered, says a fuel subsidy reduction is the only way to slash the fiscal deficit. He says fuel prices may rise by 45 percent.