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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.
U.S. oil supplies are hitting their highest point in at least 80 years, pressuring available storage.
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.
At least two are in serious condition after an accident in Etna, Maine that involved cars, a school bus and a tractor trailer.
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.
Oil prices have started to stabilize and demand is improving, a senior Gulf OPEC delegate said on Tuesday.
Private equity companies are looking in to oil, according to execs at Berlin PE meeting.
The SEC said that Goodyear failed to prevent or detect more than $3.2 million in bribes in Kenya and Angola.
There are a number of injuries reported in California after train cars derailed and a truck became fully engulfed in flames.
Consumers are paying more at the pump these days, but there is some good news, Andy Lipow said.