Power Lunch panel discusses the latest developments out of OPEC regarding a production cut.» Read More
U.S. multinationals, universities, and non-profits are allowing female employees to defer travel to where the Zika virus has been reported.
U.S. equities closed near the flatline after a choppy trading session, as investors looked ahead to Janet Yellen's testimony.
The structure of the Dow lets some companies have a disproportionate influence, while others barely move the index at all.
U.S. stocks closed off their session lows on Monday amid a late rally in the energy sector.
DOHA, Qatar— The Qatari state oil company, Qatar Petroleum, says it has reached a deal with Chevron to acquire 30 percent of its stake in offshore drilling areas in Morocco. Under the terms of the deal announced Monday, Chevron will hold onto a 45- percent interest in the offshore leases, while Morocco will retain a 25 percent stake. The drilling areas are known as Cap...
The cost of President Obama's $10 oil tax proposal would likely be passed along to consumers, analysts told USA Today.
Over a million visitors, tens of millions in economic activity, plus a global spotlight. So why are so many people in San Francisco unhappy this week?
Bob Pisani discusses dividend ETFs and the varying amounts of energy exposure.
ConocoPhillips on Thursday reported a loss that was larger than analysts' has expected and cut its quarterly dividend.
Standard & Poor's is cutting the credit rating of ten big oil companies with three names downgraded to junk. Ben Tsocanos, S&P oil and gas ratings director, is confident the price of oil will be low for quite some time.
The latest warnings came from Exxon Mobil, which reported Tuesday that fourth-quarter earnings fell 58 percent in the oil giant's weakest quarter since 2002. Those reports follow Chevron Corp.' s first money-losing quarter in more than 15 years and Royal Dutch Shell's warning that its 2015 profit fell sharply. Crude prices first fell below $30 last month from...
U.S.stocks closed sharply lower Tuesday as renewed declines in oil prices weighed amid mixed reaction to some key earnings reports.
NEW YORK— Another steep drop in the price of oil weighed on global markets Tuesday. Energy stocks fell as oil giants Exxon Mobil and Chevron reported their worst quarterly results in more than a decade. On Monday, the Institute for Supply Management said its gauge of factory activity pointed to a contraction while China's official survey found that...
Exxon Mobil Corp. said Tuesday that fourth-quarter profit fell 58 percent to $2.78 billion. That helped Exxon avoid the fate of rival Chevron Corp., which lost money in the fourth quarter. Exxon shares fell $2.12, or 2.8 percent, to $74.17 in afternoon trading.
U.S. stocks closed narrowly mixed, stabilizing on the first trading day of February, despite declines in oil and soft China manufacturing data.
Evercore ISI's Doug Terreson expects all oil majors to do a big deal, starting in the first half of this year.
Discussing earnings from energy companies, and whether dividends are at risk, with Doug Terreson, Evercore ISI head of energy research.
Energy companies are coming down to the last dollars in their wallets, a CNBC analysis found.
CNBC's Seema Mody reports on energy stocks on the move.
An analyst says investors should expect dividend cuts after Chevron reported a quarterly loss for the first time since 2002.