OPEC talked down the oil market, sending crude sharply lower, while warm weather and growing supply battered natural gas prices.» Read More
*U.S. crude falls more than $2 intraday; Brent down over $1. NEW YORK, Dec 22- Oil prices resumed their downward march on Monday, doubling back on the biggest one-day gain in over two years, after Saudi Arabia's powerful oil minister said OPEC would not cut production at any price. After a weekend of comments from several Gulf OPEC members reiterating their intent not...
HOUSTON, Dec 22- Plunging oil prices will prompt energy companies to cut investments in new projects by 25 percent or more in 2015, analysts said over the past week, as firms try to stay cash-flow positive and keep debt in check. With oil prices down more than 40 percent since June, some companies, including ConocoPhillips, have slashed spending by 20 percent.
U.S. oil is down 3 percent. The latest on energy's decline, with CNBC's Jackie DeAngelis.
S&P has assigned negative outlooks to BP, Shell, ENI, BG Energy Holdings and Total S.A., reports CNBC's Dominic Chu.
CNBC's Bob Pisani and Bertha Coombs track the day's biggest movers including old technology names and biotech.
The real impact of oil's price decline, with "Street Signs" host Brian Sullivan and David Arrington of Arrington Oil and Gas.
CNBC's Michelle Caruso-Cabrera provides the latest on Saudi Arabia's oil production and its impact on the U.S. and Russia.
Mexico's image as an emerging-market star has taken a pounding in recent weeks but here's why investors shouldn't give up, says UBS's Jorge Mariscal.
CNBC's Bob Pisani reveals what big energy names are down today, and reports "old school" tech stocks are performing very well .
IMF Economists Blanchard and Arezki stated that oil's current price plunge will continue, thus providing help for global growth.
Morgan Stanley is listing airline names which will benefit from the oil slump, including American Airlines. The FMHR traders, and Mark Fisher, MBF Clearing Corp. chairman, weigh in on the way to play the airline industry and apparel.
Barron's released a call recommending five oil stocks to buy now, including Royal Dutch Shell and EOG Resources. The FMHR traders weigh in.
CNBC's Jackie DeAngelis reports warm winter weather forecasts is pounding natural gas prices.
Brent prices have fallen more than 46 percent since the year's peak in June of above $115 per barrel, sped up by the November decision of the Organization of Petroleum Exporting Countries not to reduce production. Saudi Arabia has also convinced its fellow OPEC members it is not in the group's interest to cut oil output, however far prices may fall, the kingdom's...
Mark Fisher, MBF Clearing Corp. chairman, discusses when the falling price of oil could stabilize.
Oil's drop in price is affecting states across the country in different ways, but Alaska's hit has been the hardest.
Russia has been dominating the news recently and its economy is not looking good. Anastasia Nesvetailova, director at City University's political economy research centre explains more.
Every time the oil price looks positive or stable "out comes something negative," says Richard Mallinson, analyst at Energy Aspects.
While some are praising New York's decision to ban fracking, some business owners who were hoping for a drilling-related boom are disappointed.
The Cuba rapprochement is a reminder that a Ukraine resolution is needed and that it's time to end the Cold War once and for all, says Jeffrey Sachs.