Oil prices fell on Friday, with U.S. crude looking set to post the largest monthly drop since the 2008 financial crisis.» Read More
News of Saudi King Abdullah's death sent oil prices higher, but analysts dismissed the move, noting the recent trend remains intact.
Norway may be Europe's biggest oil exporter, but its premier is less concerned about energy prices than security issues around terrorism and Russia.
Brent rose on Friday on uncertainty over Saudi oil output following the death of King Abdullah.
Markets may be expecting oil prices will remain lower for longer, but some analysts are forecasting a quick recovery.
With the death of Saudi King Abdullah, there's likely to be a greater commitment to oversupplying the oil market.
Drillers have slashed capital expenditure budgets and are being pickier about where they plumb for oil as crude prices fall.
Some investors believe that declining oil prices are a good thing—for now—with $30 a barrel as the break point when the trend turns negative.
Investors in the electric carmaker "have to go along for that ride" in volatility, said Adam Jonas of Morgan Stanley.
The price of oil will go lower as supply and demand remain unbalanced, activist investor Carl Icahn tells CNBC.
Oil prices will not fall to $20 or $25 a barrel, OPEC Secretary-General Abdullah al-Badri said in an interview with Bloomberg.
Low oil prices may increase economic growth by 15-20 percent this year, but some countries will still lose out, said the head of the World Bank.
Jim Iuorio, TJM Institutional Services, weighs in on whether oil traders are prepared to spot the bottom yet.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The ECB's QE announcement put downward pressure on oil today, as did a huge weekly build. Nat gas settled down, as well, as inventories were down less than expected. Gold was higher on the day.
Nymex crude dropped after data from the U.S. government showed commercial crude inventories rose far more than expected last week.
Venezuela may be down to its last lifeline as oil prices continue to plummet, and the country needs financial backing more than ever.
Eric Otto, director of oil exploration and production at CLSA, told CNBC who is solid or vulnerable after his $30-a-barrel oil stress test.
Carl Icahn, Chairman of Icahn Enterprises, provides perspective on the pullback in the price of oil.
At Davos, Majid Jafar, CEO of Crescent Petroleum, says Egypt is getting its optimism back, with improvements in its infrastructure, employment and oil and gas space.
Speaking at the World Economic Forum in Davos, Ken Hersh,CEO of NGP Energy Capital Management, discusses the best opportunities for investors in the energy sector.
Energy is really what's going to drive this market over the next year, explains Jack Bouroudjian, Index Financial Partners. Keith Fitz-Gerald, Money Map Press, weighs in.