Early signs of capitulation by oil producers could mean a bottom is getting closer.» Read More
European equities came off session highs to close mixed on Wednesday, amid renewed pressure on oil prices and a lower trading session in the U.S.
Oil is being slammed by a severe erosion in market confidence caused by the weak global environment, according to a top energy expert.
The U.S. crude settle came in at $30.44 a barrel, according to the NYMEX.
As Oil continues to fall, number one rated integrated oil analyst Doug Terreson gives his outlook for the energy sector
Number one integrated oil analyst Doug Terreson talks safe bets as oil continues to fall.
European equities gained on Tuesday, despite continued wariness surrounding low oil prices and China's economic slowdown.
The oil company will implement cost-cutting initiatives amid the continued decline in oil prices.
BP is cutting another 5 percent of its workforce, reports CNBC's Jackie DeAngelis.
British oil firm BP announced plans on Tuesday to slash 5 percent of its global workforce in the face of a continued slump in oil prices.
European stocks finished in negative territory on Friday, in what has been a turbulent week for markets.
European markets closed sharply lower on Thursday, as further turmoil in China and a turbulent oil environment, rocked investor sentiment.
U.S. stock index futures pointed to a sharply lower open on Wednesday, weighed by declines in oil prices, continued concerns about China and fresh geopolitical worries from news out of North Korea.
*Middle East tensions dashes chance of OPEC deal to curb glut. Relations between Saudi Arabia and Iran collapsed in acrimony this week after the Kingdom's execution of a Shi'ite cleric set off a storm of protests in Tehran. Instead of fanning fears of a disruption in supplies, however, some delegates from the Organization of the Petroleum Exporting Countries...
With 2015 over, which stocks are blue chips for the future? Investors tell CNBC which stocks to buy and hold for the next 50 years.
BP and ConocoPhillips are shutting down productions at their oilfields in the North Sea due to violent weather.
Some of the names on the move ahead of the open.
European shares closed lower on Thursday, with volumes thin in a shortened trading session on the last day of 2015. The STOXX 600 gained 6.9 percent during the year.
A storm in the North Sea forced oil firms to evacuate rigs and stop production, with installations under threat from a drifting barge.
European equities finished lower on Wednesday as investors fretted over renewed weakness in global commodity markets.
U.S. stock index futures declined on Wednesday, tracking European shares lower as oil prices continued to slide.