Oil prices were higher on after the U.S. government reported a larger-than-expected drop in crude stocks. » Read More
U.S. oil prices closed higher Wednesday in seesaw trading, as strong U.S. gasoline demand offset worries over record high crude stockpiles.
CNBC's Bertha Coombs reports on crude oil inventories, saying commercial crude stockpiles rose by 3.5 million barrels.
Brian Sullivan discusses the current state of the oil market with Emerson Electric president, Ed Monser, and why now is the time to downsize and monetize current assets.
Brian Sullivan sits down with Statoil’s Torgrim Reitan to discuss long-term oil outlooks and opportunities in the market.
Brian Sullivan is joined by former BP CEO & L1 Energy Executive Chairman, Lord John Brown, to discuss how the oil markets might be providing better returns on capital now than previously upturns.
U.S. stock futures were under pressure this morning, succumbing once again to oil weakness after Tuesday's declines gave back much of Monday's gains.
Saudi Arabia's oil minister declared Tuesday that he was not at war with shale oil drillers, but it's clear the U.S. industry is still under siege.
Duke Energy's 5-megawatt solar facility near Orlando, Florida, appears to have taken shape in the form of Disney's iconic Mickey Mouse character.
Every month that oil stays below $80 a barrel, Saudi Arabia loses money. CNBC estimates when the kingdom may run out of money.
Airbus isn't expecting the low oil price to hurt its order book, the European aerospace giant's chief executive told CNBC.
Pavel Molchanov, senior vice president and energy analyst at Raymond James, predicts oil could reach $60 by the end of the year.
Significant volatility in the oil market is now a consensus view, according to Goldman's Jeffrey Currie.
Oil prices will remain pressured this year as Saudi Arabia and Iran compete for market share in Asian economies, Stephen Schork says.
The COP21 talks in Paris were a great success in galvanizing global action, the CEO of Spanish utility Iberdrola told CNBC.
U.S. natural gas producer Chesapeake Energy more than halved its annual capital budget and said it would sell more assets this year.
JPMorgan Chase is adding another layer in its capital buffer against energy, metals and mining loan losses, setting aside $600 million for losses.
Stronger consumer sentiment and spending might break the relationship between oil and equities, says The Private Client Reserve's David Schiegoleit.
Glenn August, founder and CEO of Oak Hill Advisors, says there will be substantial debt-for-equity and rescue financing for energy companies.
Ignacio Galán, chairman and CEO of Iberdrola, discusses his company's earnings and conditions in the Spanish economy.
Saudi oil minister Ali Ibrahim Al-Naimi says producers will hopefully reach an output freeze deal, but production cuts will not happen.
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