The number of rigs in U.S. oilfields fell by 13 to a total of 662, compared with 1,584 at this time last year.» Read More
The dramatic 10-month drop in the price of oil could be due to ultra-loose monetary policy by the U.S. Federal Reserve, according to a senior analyst.
The head of Russian giant Gazprom Alexei Miller will be in Athens for talks with Greek Prime Minister and the country's energy minister.
Saudi Arabia has put security forces on alert for a possible attack on a shopping mall or energy installation, Interior Ministry's Mansour Turki said.
CNBC's Jackie DeAngelis reports on recovery 5 years after the disastrous BP Gulf oil spill.
Today marks the fifth anniversary of the BP oil spill in the Gulf of Mexico. Tom Bergin, author of "Spills & Spin" and correspondent for Reuters, talks about the company's management of the spill.
Mexico is opening its state-run oil industry to outside investors for the first time in 75 years in a bid to match the U.S. oil-boom story.
One trader is making a big long-term bet that Kinder Morgan will see gains over the years to come.
A group of investors sees a climate-related profit squeeze on oil, and they're calling for better disclosure from energy companies.
"We think we're close to a bottom in the oil field services cycle," Kurt Hallead of RBC Capital Markets said.
The price of oil could come under serious pressure towards the end of the year if a recent bounce back in prices holds for the next few months, a closely-watched oil analyst has warned.
Bank lenders are curbing the amount of money they supply to energy companies amid an ongoing swoon in the price of crude oil.
Forget stocks—this is the market that could be calling crude's next move.
Michael Yoshikami, founder & CEO of Destination Wealth Management, expects oil that was previously kept in storage to hit the market over the next 45-90 days thereby keeping prices low.
CNBC's Morgan Brennan reports U.S. oil rigs are down by more than half versus last year; and Jackie DeAngelis rounds up the price action in oil for the week.
CNBC's Dominic Chu looks at stocks that could potentially drop, including Baker Hughes and Helmerich & Payne.
Michael Scialla, research analyst at Stifel, says that despite oil's volatility, he expects prices to rise in the next 18 months.
Crude saw the biggest 1-day rally in 2 months. Michele Della Vigna, Goldman Sachs, discusses his forecast for the rest of the year.
Oil equipment provider Schlumberger on Thursday said it would cut an additional 11,000 jobs, which brings the total number of cuts to 20,000.
Solar's big heyday may be just three years away as the unsubsidized cost of panels plus storage will cost less than the grid in some areas, Bernstein said.
OPEC reduced its forecasts for non-OPEC oil supply growth in 2015, but said demand for its oil would be higher than previously thought.