A surge in oil hedges will spur drilling activity in the U.S., Wood Mackenzie said in a report released on Monday.
President Donald Trump will sign an executive order on Tuesday to rescind key parts of Barack Obama's efforts to fight climate change.
Keisuke Sadamori of the International Energy Agency says OPEC might be complying with the output cut agreement but inventories remain high.
The oil market is re-balancing but high inventories and U.S. output is offsetting an OPEC output cut and Asian demand growth, an IEA official said.
Oil prices rose on Tuesday, supported by a weak dollar, but crude continued to be weighed down.
Johnathan Barratt, CIO at Ayers Alliance Securities, says OPEC has to extend the output cut deal if they want to put a floor on oil prices.
Uncertainty over whether an OPEC-led production cut will be extended beyond June weighed on oil prices.
Neuralink is expected to develop the "neural lace" Musk has discussed.
Some analysts and U.S. oil producers fear Keystone XL will depress crude prices by adding to an already oversupplied global market.
In theory, mixing in nuclear plants alongside renewables could make decarbonization cheaper, Vox reports.
Discussing the Keystone XL Pipeline approval and the outlook for U.S. energy commodities with John Kilduff, Again Captial founding partner and CNBC contributor.
Industry analyst Trilby Lundberg said Sunday that the price drop comes as crude oil prices also slipped during the same period.
Rob Thummel, Tortoise Capital Advisors Managing Director, weighs in on energy stocks.
A U.K. energy firm has seen shares spike after confirming a large oil find off Scotland's north coast.
CNBC's Jackie DeAngelis reports from Nebraska about President Trump's approval for the Keystone XL Pipeline and how it will affect oil prices.
President Donald Trump will sign an order on Tuesday aimed at making it easier for companies to produce energy in the U.S., administration officials said.
The current attempt to limit oil supply will likely be extended, but a pick-up in demand is needed to support a bull case for oil, an analyst says.
Alan Bannister of S&P Global Platts says the OPEC output cut agreement has had benefited oil prices but U.S. shale production continues to overhang.
Westinghouse Electric could file for bankruptcy protection as early as Tuesday.
U.S. crude broke a four-day losing streak in thin trade on Friday, but posted a weekly loss as concerns persisted over an excess of crude.
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