Oil prices rose Thursday after reports showed a larger-than-expected draw in crude inventories and a decline in U.S. oil production.» Read More
Oil gushed higher on China's surprise rate cut but also as traders increased bets that OPEC will cut production when it meets on Thanksgiving Day.
Russia may cut oil production to shore up flagging prices, but no decision has been made yet, its energy minister said.
World powers are hoping to come to an agreement over the country's nuclear program on Monday, but analysts and officials involved in negotiations are pessimistic that an agreement can be found by then.
US crude settled below $80 a barrel after China cut interest rates and on speculation OPEC could agree to reduce oil production.
A report from Goldman Sachs said Wall Street's rally will end next year, leaving investors with low returns. Bruce McCain, Senior VP & Chief Investment Strategist at Key Private Bank, explains why he disagrees.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil is in a wait-and-see pattern, as traders look ahead to next week's OPEC meeting. Traders expect it to stay around $75.
U.S. crude settled up $1 at $75.88 per barrell on Thursday as strong U.S. economic data bolstered crude markets.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI was down again, and stayed under $75 after a 2.4 million barrel build. Nat gas popped due to the cold weather.
Man Group took in $1.2 billion in new money in the past quarter in part because of this strategy.
Brazilian Petrobras shares stabilized for the first time in months, after falling 45% since late August. Is it time for investors to jump in or out?
Contracts for U.S. crude pared earlier losses to settle at $74.50 as Libya fueled hopes of that OPEC would cut oil production.
Some envision a future that relies heavily on recycling waste energy for new purposes, but is "energy harvesting" technology viable?
The US Air Force just completed an initiative to convert all of its bases from military-specific grade jet fuel to a civilian grade.
Halliburton's stock is having the worst post-deal performance of the year, after news the company is buying out Baker Hughes.
Sen. Heidi Heitkamp from North Dakota, a long-time Democratic supporter of the Keystone XL pipeline, also said to just wait until next year.
One of the most important areas captured by Islamic State of Iraq and Syria (ISIS) looks as though it’s back in Western-backed hands.
Jason Feer, Head of Business Intelligence at Poten & Partners, discusses the significance of the Keystone XL pipeline following the rejection of the bill by the U.S. Senate on Tuesday.
A sale of parts of Halliburton's business to appease regulators could be a game-changer for smaller oilfield services companies, analysts say.
The world will see huge shifts on both the usage and supply sides of the energy equation, according to BP's annual global energy forecast.
The Democrat-controlled Senate failed to gather the 60 votes it needed to approve the construction of the Keystone XL pipeline.