Storage in the United States is filling up quickly, and that could send oil lower, one pro warned.» Read More
An explosion ripped through a gasoline processing unit at an Exxon Mobil refinery, and could cause a surge in gas prices.
Hits to the oil sector on Wednesday amid sustained volatility opened up opportunities to buy on weakness, "Fast Money" traders said.
Exxon confirmed that there had been an "incident" at its refinery in Torrance, California, but it did not offer further details.
Jarden CEO James Lillie told CNBC on Wednesday he believes the U.S. consumer is "healthy."
The Baltic Exchange's main sea freight index, hit another record low as demand for vessels fell ahead of the Lunar New Year holiday.
China is considering merging state-controlled oil companies to better compete with major global producers, according to one report.
Chesapeake Energy Corp filed suit Tuesday alleging that its founder, Aubrey K. McClendon, stole 'trade secrets.'
Oil's recovery may be short-lived, but some analysts believe now is the time to get back into energy stocks.
One Texas-based CEO explained Friday how very cheap oil could hurt people.
Wall Street believes many oil stocks will emerge from their funk this year, according to a report from Birinyi Associates.
Some companies have a better chance than others at managing the fallout from plunging oil prices.
Two major factors——taxes and the ruble——are keeping Russian oil and gas producers insulated from tumultuous oil prices.
The CEO of major oil giant Total told CNBC he was not convinced U.S. energy independence would happen any time soon.
The price of oil continued its bumpy ride higher on Friday, with analysts feeling more confident that the commodity is set to climb.
Energy bonds took a hit from fears low oil prices would spur a surge in defaults, but most issuers should stay resilient, Goldman Sachs said.
Even if Thursday doesn't start a rally, "Fast Money" traders see opportunities in the current oil environment.
Wells Capital Management's James Paulsen explained Thursday why high oil prices could be bad for the stock markets.
The life cycle of U.S. shale oil wells could put a question mark over American output and price stability.
The Lindsey Group's Peter Boockvar explained Thursday why retail sales did not rise on lower gas prices.
"Yes we look at build versus buy, ... but right now is not the time to go out and buying distressed assets," Rio Tinto CEO Sam Walsh tells CNBC.