Mad Money host Jim Cramer was shocked by the commentary of Schlumberger on Friday, and it changed his entire opinion on where oil will bottom now.
The average price of a gallon of gas in the United States fell 14 cents in the past two weeks to its lowest level in seven years.
Markets are reading the oil price collapse as a recession indicator, explains David Lafferty, chief global strategist at Natixis Global Asset Management.
Oil prices fell on Monday as news that Iraq's output reached a record last month kept investors focused on oversupply.
Some states dependent on energy revenues are facing strained budgets due to low oil prices, according to an S&P report.
Eric Chemi reports on the correlation between oil and stocks reaching alltime highs.
David Bianco, Deutsche Bank, and Kevin Book,ClearView Energy Partners, share their outlook on the markets and oil. Oil oversupply continues through the second half of the year, says Book.
Iran's oil minister said any emergency meeting of the OPEC would hurt the crude oil market if it made no decision to shore up falling prices.
Despite the slide in crude, one strategist believes short covering will trigger a bounce in oil prices.
Alia Moubayed, economist for Middle East & North Africa at Barclays, discusses Iran’s ability to pump more oil again in an already over-supplied market.
Current disconnect between price of oil per barrel and the marginal cost of producing it won't last long as gravitational forces will bridge the gap says Joe Magyer, senior analyst at The Motley Fool.
The havoc wreaked by oil prices are still being felt across markets, with one factor having a big influence on prices: Iran.
SCMDirect.com’s CIO, Alan Miller discusses the dramatic fall in oil over the past year and its influence on markets worldwide.
Oil’s slide may be adding to market jitters on Wall Street, but some small businesses on Main Street are seeing boosted bottom lines.
Banks are raising red flags about energy loans on their books, but they may be unable to bring down the hammer on drillers.
Alia Moubayed, economist for Middle East & North Africa at Barclays, discusses Saudi Arabia’s economy in relation to the low oil price environment.
Georgia’s prime minister, Giorgi Kvirikashvili says a liberal and open economy is an important driver for growth, while discussing the country’s relationship with Europe.
(RED)’s CEO, Deborah Dugan explains how HIV can be eradicated by 2030 with the right strategy, while discussing the charity’s current projects.
Richard Mallinson, geopolitical analyst at Energy Aspects, says the big questions are how much oil will come out of Iran and how quickly it enters the market.
Markets having already priced in the oil oversupply to an extent, says Herald Van Der Linde, head of APAC equity strategy at HSBC.
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