For the Saudis to cut output by a bit - that's like praising your child for eating 19 cakes in one sitting instead of 20.
It is unlikely that Saudi Arabia will be giving up market share without any compromise from Iran, says The Schork Report Editor Stephen Schork.
Developing Asia will have to fork out $300 billion per year to uphold the Paris climate goals, the Asian Development Bank warned.
Crude futures slipped in Asian trade on Tuesday as investors took profits after prices climbed more than 3 percent in the previous session.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
CNBC's Jackie DeAngelis reports on the close of the oil market.
Goldman Sachs and others are looking beyond this week's meeting of oil producers, and focusing on the return of crude from Iraq, Libya and Nigeria.
Oil rallied on Monday as the world's largest producers gathered in Algeria to discuss ways to support the market.
Technical analyst Carter Worth says the outlook for energy isn't so hot.
OPEC producers could have a big impact on prices if they agreed to a production freeze, but it's unlikely they'll get it done at this week's meeting, according to a new CNBC Oil Survey.
Oil prices trade higher early Monday as the world's largest producers gather in Algeria to engage in talks.
The average price of gasoline in the U.S. has risen four cents over the past two weeks to $2.25 a gallon for regular grade.
Emma Richards, senior oil and gas analyst at BMI Research, says that relations between Iran and Saudi Arabia are so poor that no supply agreement will be reached at this week's oil producer meeting in Algiers.
Rising prices embolden creditors and shareholders to challenge drillers' restructuring plans, putting a bankruptcy exit at risk.
CNBC's Hadley Gamble discusses the latest from this week's OPEC meeting in Algiers.
The National Oceanic and Atmospheric Administration has called off its La Nina watch, which means more uncertainty in forecasts.
CNBC's Dominic Chu is on the floor with what’s moving markets this morning.
Oil-related U.S. equities are at low enough levels to look attractive for investors, says Reyl Singapore's Daryl Liew.
Six out of 10 Britons not already doing so would be willing to fly less in the next year to tackle climate change, according to a new poll.
Oil producers are unlikely to settle on any kind of deal in Algeria this week, postponing hopes for an end to the current supply glut.
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