Jim Cramer explains what to watch ahead of the open including deep-water driller Ensco.
U.S. oil prices fell nearly 3 percent in thin trade as analysts anticipated a meeting of major oil exporters.
The analyst who called the crude oil glut says the commodity won't make it further than $45 a barrel this year.
Energy companies are likely to see financing dry up further as banks reassess the value of their oil and gas assets.
This weekend's meeting of oil-producing nations in Doha may result in a flimsy agreement with no real impact on oil supply.
Oil producers have a better than 50/50 chance of striking a deal to freeze output when they meet in Doha this weekend, a new CNBC Oil Survey finds.y.
Investment bank JP Morgan says US shale defaults are likely to creep up this year.
Russian shares took a double whammy from sanctions and oil, but the market now offers "the bargain of the century," Templeton's Mark Mobius said.
Baker Hughes and Halliburton are in talks to sell more than $7 billion in assets to the Carlyle Group, The WSJ reports.
Venezuela's government is changing the clock again as part of its efforts to stave off an electricity crisis.
A combination of low commodity prices and regulatory action has crushed fossil fuel companies' ability to operate, a former CFTC head said.
Looking ahead to the oil producer meeting this weekend, and where oil prices go from here, with CNBC's Jackie DeAngelis, and Dan Yerkin, IHS Vice Chairman.
CNBC's Jackie DeAngelis looks at whether a freeze or a cut will come from this weekend's oil producer meeting in Saudi Arabia.
Amrita Sen, chief oil analyst at Energy Aspects, says oil capacity in countries like Libya and Iraq has been permanently damaged.
Amrita Sen, chief oil analyst at Energy Aspects, talks about oil price moves, demand and what Saudi Arabia wants from this weekend's meeting in Doha.
AJ Bell investment director, Russ Mould says it would be “fantastic” to have an output freeze, however any long-term concrete agreements between oil producers remain elusive.
The Obama administration unveiled new oil well control rules to prevent the kind of blowout that happened six years ago on a BP rig.
Anton Siluanov, Russian finance minister, expects oil prices to remain around $40 a barrel and says Russia must develop its own industries.
The oil and gas producer will eliminate $2.8 billion in debt from its balance sheet through the restructuring.
Global oil demand growth is forecast to ease further in 2016 but not in one particular country, the International Energy Agency said on Thursday.
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