Oil prices rose Thursday after reports showed a larger-than-expected draw in crude inventories and a decline in U.S. oil production.» Read More
Despite the meltdown in oil, prices are more likely to rise than to fall further because of political instability, an industry consultant tells CNBC.
Expect more volatility in oil, with prices staying around current levels, Exxon Mobil CEO Rex Tillerson told CNBC.
Cheaper gasoline has generated billions in savings for American drivers. But so far, there's little evidence they're spending it.
There's a record amount of bets against oil right now, increasing the chances that the "short crude" trade has run its course.
Value fund manager Bayard Closser just launched an energy MLP fund. With a focus on high yield pipelines, it aims to be a long-term play.
With oil's price collapse, we can now declare that OPEC's reign as king of the market is over.
The FMHR traders react to ExxonMobil CEO Rex Tillerson calling for more oil demand.
RBC Capital Markets' Helima Croft, discusses comments by ExxonMobil's CEO on disruptions in oil supply, and the impact on price. Croft explains the geopolitics around oil in Libya and Nigeria, and U.S. crude exports.
Low oil prices will compound political risks across emerging markets this year, according to a new report released Wednesday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up on the day, in spite of a big build. Here's why
US crude futures closed up $1.01, at $51.53 a barrel, with their discount to Brent narrowing to less than $10 a barrel, after the announcement.
CNBC's Jackie DeAngelis gives an update on oil numbers and the inventory data to expect from the Department of Energy.
Despite this nation's currency and geopolitical troubles, it is a bright spot in the global energy market. Good news: Value plays abound.
The consensus among economists on Wall Street and at the Federal Reserve is that consumer spending will begin to increase in the coming months.
Digging into the possible "rocky bottom" in oil, with Rob Santangelo, Credit Suisse managing director, and Art Hogan, Wunderlich market strategist.
Saudi Arabia's oil minister said he expected oil prices, which hit a near six-year low in January, to stabilize, signalling cautious optimism.
CNBC's Morgan Brennan reports crude inventories in Cushing, Oklahoma, continue to build.
The weekly crude inventory report surpassed expectations, reports CNBC's Jackie DeAngelis.
Oil trader Andy Hall has closed out his bearish bets on oil and is predicting a price recovery in crude sooner than many analysts expect.
Carlyle Group's David Rubenstein told CNBC he is not waiting for oil to hit a bottom before investing in beaten-up energy companies.