Investors cashed in on a 6 percent rise after OPEC members agreed to reduce output for the first time in eight years. » Read More
These four factors make this correction different, Glenmede's Jason Pride says.
Iain Reid, senior oil & gas equity analyst at Macquarie, says the oil market is re-balancing, but slowly.
Barclays' Mitul Kotecha says the potential oil output freeze deal and improved risk sentiment helped support oil-exporting emerging markets' currencies.
Frank Holmes from U.S. Global Investors says investors should look at the seasonality of oil prices and identifies factors that will support an oil rally.
Saudi Arabia and Russia's oil production freeze talks are driving oil prices and markets up, says Patrick Chovanec, chief strategist at Silvercrest Asset Management.
Reorient Financial Markets' Uwe Parpart says news of an oil output freeze might provide some cheer, but a supply glut and declining global demand persist.
Crude prices gained Wednesday after Iran's oil minister said Tehran supports a decision to keep a "ceiling" on oil production.
Former oil and gas workers in Scotland could be heading for a career change, with a new plan aiming to retrain staff as teachers.
Discussing her firm's bet on Schlumberger is Karen Firestone, Aureus Asset Management President, CEO and co-founder.
Oversupply and weak demand continue to grip volatile oil markets but several analysts have found a pocket of relative safety.
In theory, airlines love cheap oil but in practice, most airlines are less than thrilled.
Berkshire Hathaway has disclosed a new investment in Kinder Morgan, boosting its bet on oil as crude prices hover near 12-year lows.
A third of exploration and production companies — about 175 firms — are at high risk of bankruptcy, Deloitte reports.
Patrick Moulay, VP of Bell Helicopter, says the firm is well diversified so other sectors have helped offset the downturn in its oil and gas business.
Plunging oil prices have blown a $3.8 billion hole in Alaska's budget. Gov. Bill Walker explains his plan to revive the state's economy.
Marina Petroleka, head of energy and infrastructure research at BMI Research, discusses the proposed oil output freeze by OPEC members.
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