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.
BP responded to a barrage of complaints from shareholders on Thursday over CEO Bob Dudley's pay package.
"I think there will be a pullback starting next week," oil expert John Kilduff tells CNBC.
U.S. oil prices closed mildly lower as the market processed a mixed report from the IEA.
Are politicians really trying to diversify energy sources? Bert Chilton, former commodities futures trading commission commissioner, weighs in.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
What's driving bank earnings, and how are banks dealing with energy problems, with Tom Michaud, Keefe, Bruyette & Woods President and CEO.
CNBC's Jackie DeAngelis reports a drawdown in the Department of Energy's natural gas inventories.
U.S. crude production fell under the 9 million barrel a day threshold last week, a welcome development for oil producers heading to Doha this weekend.
Energy is among the best-performing sectors in the S&P 500 this year, and one trader is playing for an even bigger breakout.
CNBC's Bob Pisani looks at Bank of America and Wells Fargo earnings, and a profit warning from Burberry.
Group, which has operations in Louisiana, Texas and the Gulf of Mexico, becomes one of the biggest casualties of the oil rout.
Volatility in Chinese markets has been a topic of discussion this year, but what does it mean for retail investors?
Producing nations risk an oil bust if they don't reach a freeze agreement of some sort when they meet in Doha, Qatar, this weekend.
U.S. oil gave up short-lived gains following mixed U.S. data that showed a bigger-than-expected build in crude stockpiles.
Investors should keep their eyes on this weekend's meeting in Doha, June's Brexit referendum and election issues in Spain, warns Kay Van-Petersen of Saxo Capital Markets.
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