Anish Kapadia, managing director & senior research analyst at Tudor, Pickering, Holt & Co. International, says Statoil addressed issues early.
Dr. Pippa Malmgren, founder of DRPM Group, says she is confident about oil price rising over time.
Net adjusted profit of $1.6 billion fell 37 percent compared with the same quarter in 2015.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
U.S. oil prices gained after the Federal Reserve said it would leave interest rates unchanged.
Goldman Sachs' Jeff Currie says prices may stay low enough for long enough to force big oil to cut dividends.
U.S. oil dipped after an early rise to 2016 peaks, but posted a gain of about 20 percent for April.
Whether or not the company can post another quarter like that is uncertain.
Craig Johnson of Piper Jaffray & Co and Eddy Elfenbein of "Crossing Wall Street" blog discuss Exxon's credit rating cut with Brian Sullivan.
U.S. oil rose more than 3 percent as a tumbling dollar boosted commodities denominated in the greenback.
Standard and Poor's downgraded ExxonMobil's credit rating from AAA to AA+ because of expectations of continuing low oil prices.
High-yield bond investors may be cheering oil’s recent bounce back above $40, but HSBC's Mary Bowers cautions that relief might be short-lived.
Energy companies are offering “unsustainable” dividends for which they are wrongly rewarded by the market, the CEO of an energy-focused hedge fund told CNBC.
CNBC's Hadley Gamble reports on the latest facts about Saudi Arabia's new direction for the country's economy, which is based on $30 per oil barrel.
Riyadh’s new plan to reform the economy will raise cash, but won’t solve the kingdom’s crude problem, says BreakingViews columnist Andy Critchlow.
Integrated oil and gas companies face headwinds as upstream production remain under pressure and downstream refinery margins are tightening.
Solar-powered aircraft, Solar Impulse 2 has finished the ninth leg of its round-the-world trip over the weekend, after being grounded in Hawaii.
IKEA began selling solar panels in the United Kingdom on Monday and is slated to open Solar Shops in all of the UK's stores by the end of this summer.
Johanna Kyrklund, head of multi-asset investments at Schroders, says investors should now focus on value and her company has invested in energy.
Allianz Energy Fund portfolio manager, Chris Wheaton looks at oil major BP’s latest earnings.
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