A new oil order has arrived and it will be marked by greater uncertainty and generally lower oil prices, strategists say.» Read More
The biggest trade in the markets right now is the brutal battle being fought in the oil market.
Something's not quite right in the that rosy jobs report, says NYSE floor trader Kenny Polcari.
The average price of regular grade gas rose 21 cents in the past two weeks, bringing it to $2.54 per gallon, according to the Lundberg survey.
Oil prices will reverse their recent gains, with U.S. crude likely to drop as far as $40 a barrel, Goldman Sachs said.
Brazil's Supreme Court will probe 34 politicians in connection with a multibillion-dollar kickback scheme at state-controlled oil company Petrobras.
The energy industry's failure to use the data it collects means it's not as efficient as it could be, leaving money on the table.
Expect more volatility in oil, with prices staying around current levels, Exxon Mobil CEO Rex Tillerson told CNBC.
With oil's price collapse, we can now declare that OPEC's reign as king of the market is over.
Saudi Arabia's oil minister said he expected oil prices, which hit a near six-year low in January, to stabilize, signalling cautious optimism.
Low oil prices will compound political risks across emerging markets this year, according to a new report released Wednesday.
The consensus among economists on Wall Street and at the Federal Reserve is that consumer spending will begin to increase in the coming months.
Talk is rising of a nuclear deal that could see sanctions lifted against Iran, a move that could turn the tap on its oil exports and push prices down.
Bosses from the Gulf have dismissed the IMF’s recent concerns for the region after oil price weakness.
Storage in the United States is filling up quickly, and that could send oil lower, one pro warned.
Exxon Mobil and New Jersey reached a settlement of about $250 million in an environmental suit seeking $8.9 billion in damages. The NYT reports.
The impact of lower pump prices has apparently run its course with gas prices bumping up across the country. Here's why.
Lower oil prices usually boost airline profits, but for AirAsia, the drop pushed the carrier into the red as Malaysia's ringgit took a knock-on blow.
Oil supply running ahead of demand hasn't just pressured prices, it's also filling up storage space, potentially pushing crude toward another leg down.
Saudi Arabia's oil minister said oil demand is growing and markets are calm, in some of his first public comments since the price of crude rebounded.
It was only the third veto of Obama's presidency, although many more are expected.