The weekly rig count has fallen every week since Dec. 12, though the pace of declines has fallen in recent weeks.» Read More
Crude oil will fall back to its low for the year, said Goldman Sachs in a note to clients Monday.
Sonny Wu, co-founder & managing director of GSR Ventures and chairman of GO Scale Capital, explains the firm's decision to invest in China-based startup Lattice Power.
Richard Engel, NBC News reports the Iraqi city of Ramadi is in the hands of terror group ISIS despite months of airstrikes by the Iraqi army.
The FMHR traders take their positions on four stocks making news today, including Panera Bread and Starbucks.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
The pipeline—which spilled oil off the California coast—has been shut off, but it's not yet clear how much oil spilled.
Investors are repeatedly "jumping the gun before getting called back to the starting line" because of overwhelmingly bearish fundamentals, says Vandana Hari, Asia Editorial Director at Platts.
Companies including Royal Dutch Shell, BP and Statoil have led moves to curtail capital spending on 26 major projects worldwide, according to the FT.
The Qatari royal family has bought yet another multi-million pound property in one of London's most affluent areas, according to a British newspaper.
Mark Okada, Highland Capital, and Mark Vitner, Wells Fargo Securities, provide perspective on the economy and provide their outlook on the market.
Democrats are twice as likely as Republicans to spend their gas savings on nonessential items, according to a new survey from Bankrate.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was under pressure today as the dollar continued to rally.
Pratik Gupta, head of Equities, India at Deutsche Bank, says markets will likely be disappointed if the Reserve Bank of India doesn't cut interest rates by 25 basis points next month.
Activists in kayaks have protested against plans by Shell to resume oil exploration in the U.S. Arctic. For analysts, the news means Shell's "problem child" is getting some attention.
Governments globally charge prices for energy that do not account for its harmful side effects, amounting to a $5.3 trillion subsidy, the IMF said.
Any expectations that OPEC will cut its production quota next month took another dent Monday.
A return of Iran's oil supply, alongside a surge in U.S. shale oil production, will have downward effects on oil prices, says David Hewitt, co-head of Global Oil & Gas Equity Research at Credit Suisse.
Ramadi fell to ISIS on Sunday, despite intensified American airstrikes in recent weeks, a big victory for the group.
There are 11 companies where analysts have boosted their profit forecasts for the second quarter, USA Today reports.
Brazil's Petroleo Brasileiro beat analyst forecasts, posting first-quarter profit little changed from a year earlier.
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