Oil giants ExxonMobil and Chevron took some major hits in Q2, but here's what happens next. » Read More
U.S. stock-index futures were mixed early on Monday after Goldman Sachs raised its price forecast for WTI crude oil in 2016 but cut it for 2017.
CNBC’s Hadley Gamble is in Riyadh, Saudi Arabia with the latest on Khalid al-Falih, Chairman of Aramco replacing the Saudi oil minister Ali al-Naimi.
Saudi Arabia is planning a foreign listing in London, Hong Kong, and New York of its $2.5 trillion oil giant Aramco, said The Telegraph.
Royal Dutch Shell posted a sharp fall in earnings for the first three months of 2016 as the tumble in oil prices continues to take its toll.
Norway's sovereign welath fund is launching a crackdown on executive pay, targeting high salaries at firms globally, the Financial Times reports.
BP's message to other oil companies in the first quarter was loud and clear, CNBC's Jim Cramer says.
Goldman Sachs' Jeff Currie says prices may stay low enough for long enough to force big oil to cut dividends.
Whether or not the company can post another quarter like that is uncertain.
European equities finished mixed as investors digested a whole raft of new earnings, ahead of a number of important central bank meetings this week.
U.S. stock-index futures traded higher, amid a busy day for earnings and the start of a Federal Reserve policy meeting.
Jim Cramer explains why he is keeping an eye on shares of BP after reporting a good quarter.
Some of the names on the move ahead of the open.
The company kicks off the earnings season for oil majors with better-than-expected results.
Energy companies are offering “unsustainable” dividends for which they are wrongly rewarded by the market, the CEO of an energy-focused hedge fund told CNBC.
Allianz Energy Fund portfolio manager, Chris Wheaton looks at oil major BP’s latest earnings.
Chief Executive Bob Dudley says that, despite the challenging environment, BP was "driving towards our near-term goal of rebalancing BP's cash flows."
Integrated oil and gas companies face headwinds as upstream production remain under pressure and downstream refinery margins are tightening.
European stocks ended trade in the red, amid weak sentiment across the globe, as a sharp decline in mining stocks weighed on the wider benchmarks.
Independent drillers are pioneering new oil production in Alaska's North Slope and could stem a nearly three-decade output decline.
Even after the recent recovery pushing prices to just over $40 per barrel, producing oil in Alaska is solidly a money-losing proposition.