While the market buzzes about June, this former Dallas Fed official says a hike isn't likely until December. Here's why.
U.S. West Texas Intermediate (WTI) futures settled at $46.03, up 1.5 percent, or 70 cents, marking its highest level since Nov. 4.
Baker Hughes fell nearly 3 percent in the premarket after the oilfield services giant posted a much bigger-than-expected quarterly loss.
E.ON CFO Michael Sen tells CNBC that in order for the firm to transform into a leading energy player, it needs to have a healthy and stable balance sheet.
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.
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