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.
Saudi Arabia plans to sell less than 5 percent of its state oil giant Saudi Aramco, Deputy Crown Prince Mohammed bin Salman said.
Saudi Arabia's government has unveiled a long-term economic blueprint for life in a low-oil price world.
Harold Hamm endorsed U.S. presidential candidate Donald Trump on Friday, saying he has the "fortitude to make tough decisions."
North America's shale output reductions will offset the excess supply from the Middle East and OPEC, says Gaurav Sodhi from Intelligent Investor.
Banque Internationale a Luxembourg's Hans Goetti reckons that investors will be attracted to Saudi Arabia if it successfully transitions away from oil.
Russell Investments' Mark Eibel expects supply-demand dynamics to keep oil prices hovering around the $40 to $60 per barrel range.
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