Energy stocks have seen a strong bounce over the past month and a half. Have they turned a corner for good?» Read More
The "Fast Money" traders give their final trades of the day.
European equities ended lower as investors watched a meeting between the leaders of Greece and Germany.
European equities closed mixed on Wednesday as investors await the outcome of the U.S. Federal Reserve's two-day policy meeting.
Several big oil companies are expected to pay more in dividends than they will earn in 2015. Can the stocks really maintain these fat yields?
U.S. stocks closed higher as investors cheered a pause in the dollar rally and eyed renewed weakness in oil prices ahead of Wednesday's Fed meeting.
HOUSTON, March 16- A tentative national agreement to end a six-week strike at twelve U.S. refineries has struggled to win ratification at eight plants as workers and companies struggle to settle local issues, according to union officials. The deal reached on Thursday by the United Steelworkers and lead industry negotiator Royal Dutch Shell Plc to end the...
Egypt's attempt to bring money back to the country has been met with relative success, according to its new political leadership.
Wall Street looked set to open higher on Monday, as markets await news from this week's U.S. Federal Reserve's meeting.
Some of the names on the move ahead of the open.
Hadley Gamble spoke to BP CEO Bob Dudley about the oulook for oil. Here, she reports from Egypt following the discussion.
Bob Dudley, CEO of BP, says the plunge in oil prices is a "huge shock" and will mean a "very painful" period for the oil and gas industry ahead.
The dramatic drop in oil prices is going to be very painful for the oil and gas industry, BP CEO Bob Dudley told CNBC Saturday.
Italy's Eni cuts dividend and suspends buybacks - becoming the first oil major to reduce payouts amid a steep oil price decline.
HOUSTON, March 12- The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years, the labor group and people familiar with the negotiations said on Thursday. "We salute the solidarity exhibited by our membership," said USW International President Leo Gerard. Lead industry negotiator Royal Dutch...
CALGARY, Alberta, March 11- About 1,000 construction workers employed by a contractor at Husky Energy Inc's Sunrise oil sands project were laid off unexpectedly on Wednesday, a union official confirmed. Izzy Huygen, a Fort McMurray, Alberta, representative of the Christian Labor Association of Canada, said many of the workers had expected their jobs to last...
March 6- BP Plc on Friday ended its bid to oust the administrator overseeing payouts to businesses and individuals claiming damages arising from the 2010 Gulf of Mexico oil spill, citing steps the administrator has taken to reduce the threat of fraud. "This marks the beginning of a new and more productive relationship between BP and the claims program," BP America...
Corrects Hercules Offshore item to change date of announcement of job cuts to Feb. 12 from Feb. 3) Feb 17 (Reuters)- Oilfield services giants Schlumberger Ltd and Halliburton Co and many others in the oil and gas industry have announced plans to lay off thousands of people in the past few months as global oil prices have nearly halved since June.
The "Halftime Report" traders give their final trades of the show.
Jim Lebenthal, the current leader of the Fast Money Halftime Report Portfolio competition, sold a retailer and purchased an oil giant
Feb 25- A leak caused the shutdown of a crude distillation unit at BP Plc's Whiting, Indiana, refinery on Wednesday, according to a report on the nwitimes news website. The refinery continues to produce gasoline and other fuels, the report said, citing BP spokesman Scott Dean. Reuters earlier reported the shutdown of the second-largest crude distillation unit, the...