Union leaders called strikes on Sunday at nine U.S. refineries in a bid to pressure oil companies to agree to a new national contract covering workers at 63 plants.» Read More
It will be ugly for the next few months, Canadian oil pros told CNBC. However, the industry will survive, they said.
Here's what the big battle in the market will be in 2015, says Westwood Capital's Dan Alpert.
Investors are getting hit from all sides — Europe, earnings, and the list goes on — but here's the real reason for the market selloff, says floor trader Kenny Polcari.
After more bad news, Brazil's embattled Petrobras will likely affect the wider fate of the Brazilian economy.
Numerous oil-rich clusters around the US will see an impact from by the commodity's decline. These counties are especially dependent.
But Nobel-winning economist Robert Shiller says it's difficult to predict how oil prices will ultimately affect how Americans think about the economy.
The oil price plunge has defied all but the most pessimistic analysts. We take a look at some of the difficulties in calling the bottom.
With oil continuing to hit new lows, there are some good opportunities to make money in the energy sector, several pros told CNBC Tuesday.
The current situation in oil is out of OPEC's control, Pickens wrote on Twitter on Tuesday.
OPIS' Tom Kloza said on Tuesday he expects gas prices in the U.S. to drop below $2 per gallon as oil continues to plummet.
WTI crude oil fell through a key level of $45 a barrel twice on Tuesday, but recovered above that level, causing some analysts to call another bottom.
The crucial support level in WTI Crude is $42, but we'll likely see crude trade in the $30s.
Oil prices continued their dramatic slump as an oil minister from OPEC reiterated that the group would not be changing its production strategy.
One Houston furniture retailer is promising refunds to customers if U.S. crude ends the year above $85 a barrel
The good times aren't over yet for the stock market, says floor trader Kenny Polcari. But buckle up—it could be a bumpy ride!
Lower prices could make oil unprofitable to pull out of the ground. But we're not there yet, according to energy consultant Wood Mackenzie.
Some senators have proposed raising the federal gas tax by 12 cents over two years and indexing it to inflation. USA Today reports.
The average price of gas in the U.S. fell to its lowest level since April 2009, according to the Lundberg survey released Sunday.
Venezuelan President Nicolas Maduro resumed his tour of oil producers in the Middle East, as the country seeks protection from plummeting oil prices.
What is Sen. Bob Corker thinking — his first Republican message is: Raise the federal gasoline tax?
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