A former top oil executive says the price of gas at the pump could double by year's end, even as consumers are enjoying low prices.» Read More
Chevron reported fourth-quarter earnings and revenue that beat analysts' expectations on Friday.
Hedge funds in both the U.S. and abroad are grabbing at investment opportunities in a distressed energy sector.
South African energy company Sasol delayed its $14 billion expansion in Louisiana amid falling oil prices, the New York Times reports.
ConocoPhillips on Thursday reported a fourth-quarter loss of $39 million, after reporting a profit in the same period a year earlier.
The Federal Reserve faces a tough decision on whether or not to raise interest rates because of several factors, one analyst says.
Hess Corp. on Wednesday reported a fourth-quarter loss of $8 million, after reporting a profit in the same period a year earlier.
Goldman Sachs COO Gary Cohn told CNBC why he thinks oil could go even lower.
The Obama administration will announce Tuesday a proposal to start drilling in Atlantic Coast waters, The New York Times reports.
The historic blizzard bearing down on the East Coast will likely be bullish for energy and public utility firms, if the past is any guide.
U.S. gas prices might hit bottom soon after falling to their lowest levels since April 2009, according to a Lundberg survey.
U.S. President Barack Obama will visit Saudi Arabia on Tuesday to meet its new King Salman after the death of his predecessor Abdullah on Friday.
Russian business owners in the United States feel pressure from the ruble's collapse and the country's ongoing downturn.
Recent economic data show restaurants and bars are already benefiting from lower gas prices.
Lower crude prices are forcing layoffs in the oil patch, but the numbers are small compared to overall job growth.
Norway may be Europe's biggest oil exporter, but its premier is less concerned about energy prices than security issues around terrorism and Russia.
Saudi Arabia's King Abdullah bin Abdulaziz Al Saud has died, state television reported early on Friday.
Markets may be expecting oil prices will remain lower for longer, but some analysts are forecasting a quick recovery.
The price of oil will go lower as supply and demand remain unbalanced, activist investor Carl Icahn tells CNBC.
Investors in the electric carmaker "have to go along for that ride" in volatility, said Adam Jonas of Morgan Stanley.
Drillers have slashed capital expenditure budgets and are being pickier about where they plumb for oil as crude prices fall.
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