Oil prices reversed losses on Friday after Baker Hughes reported drillers took 26 rigs out of U.S. oilfields last week.» Read More
Brent steadied near $60 on Friday as a stronger dollar balanced worries over the impact of fighting in Libya and Iraq on oil production.
A BNSF Railway train loaded with crude oil derailed in Illinois, with two tank cars catching fire, according to local officials and the company.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI was down and Brent was up, on the day. Today's catalysts: Profit taking and a lowered China growth target.
Pavel Molchanov, Raymond James analyst, discusses which energy stocks will benefit if indeed the oil price moves higher.
The energy industry's failure to use the data it collects means it's not as efficient as it could be, leaving money on the table.
More oil is coming out with fewer jobs added. Joseph LaVorgna, Deutsche Bank, and CNBC's Steve Liesman, discuss their concern for job growth.
Oil fell in volatile trade on Thursday in the face of a strong dollar and the U.S. commitment to forge a nuclear deal with Iran.
Hydropower, which by itself has accounted for most of the renewable energy generated in the U.S. for years, is no longer a majority of one.
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.