Despite the seemingly never-ending saga of low oil, one trader placed a big bet that one area of the energy market could make a major comeback.» Read More
Schlumberger's $14.8 billion acquisition of oil equipment manufacturer Cameron International is a good deal for both parties, analysts tell CNBC.
Oil has lost a third of its value since June, and well-known oil analyst Stephen Schork doesn't see a reason for it to turn around.
Oil futures ended lower after government data showed U.S. crude stocks fell, while gasoline and distillate inventories rose.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Stephen Schork, Schork Report, weighs in on Schlumberger buying Cameron in a deal and discusses his outlook on consolidation in the energy industry.
The New Orleans levees are better than they were when Katrina struck, but preparing for hurricanes is riddled with uncertainty.
While many commodities hit six-year lows, energy demand is not as weak as people think, says Goldman's Jeffrey Currie.
Charles Cherington, Intervale Capital, weighs in on Schlumberger's bid for Cameron, and provides his outlook on the oil space in 2016.
Michael Scialla, research analyst at Stifel, says he doesn't expect a correction in oil until mid to late 2016, due to OPEC and the market's oversupply.
China's Sinopec Corp, Asia's largest refiner, posted a 22 percent fall in first-half profit on a decline in crude prices that hit earnings.
CNBC's Kate Kelly discusses oil and gas prices, with Jeff Currie, Goldman Sachs commodities research.
After Schlumberger is buying Cameron International. FMHR trader Jon Najarian, provides perspective from the options market. Also, are energy dividends at risk?
The falling price of oil has a direct effect on the real exchange rate of nations most dependent on petroleum production.
Oil could be the biggest buying opportunity out there now, Ted Izatt, chief strategy officer at SDKA International, said Tuesday.
John Gerdes, KLR Group, says many countries cannot sustain themselves at current oil price levels. He also looks at states feeling the impact.
A $225 million deal between Gov. Chris Christie's administration and ExxonMobil over dozens of polluted sites was approved.
Dennis Gartman on Tuesday said he was on the sidelines for now when it comes to oil, but would be bullish going forward.
CNBC’s Kate Kelly reports on the big slide in oil and the pressure it has put on some of Wall Street’s biggest hedge funds.
U.S. crude oil drops below $40 a barrel.
Thomas Fanning, Southern Company CEO, discusses the acquisition of AGL Resources for $66 per share and weighs in on energy prices and the Federal Reserve.