The first U.S. crude stockpile drop since January sent oil prices to 2015 highs on Wednesday before traders took profits on a multi-week rally.» Read More
WTI closed up 1.79 percent, helped by a weaker dollar and bets that a supply glut would ease.
Exxon Mobil reports quarterly earnings and revenue that handily topped analysts' expectations.
Profits from refining and trading rose to $2.65B from $1.575B a year earlier, offsetting a sharp drop in oil and gas production earnings.
Uncertainty hit oil markets on Wednesday, with analysts contemplating what a major reshuffle of Saudi Arabia's ruling elite might mean.
Exxon reported an earnings beat, and Chevron will report tomorrow, with CNBC's Jackie DeAngelis.
It's time for companies to heed the call to invest their cash, says UBS's chief investment officer.
At the recent IHS CERAWeek conference in Houston, CNBC speaks to a panel of experts on whether Washington should lift the 40-year-old export ban on U.S. crude oil.
BlackRock bond guru Jeff Rosenberg blames this year's weak economic growth on the collapse in oil.
Luke Rahbari, Stutland Volatility, discusses how to trade oil.
Tom Fanning, Southern Company CEO, breaks down the company's quarterly results and weighs in on his company's future energy plans.
Two of the biggest oil companies in the country will post earnings this week and the results out of Exxon and Chevron will give investors a read on the health of the energy sector.
Deepwater Wind's Block Island offshore wind farm could be the first in the nation, reports Breaking Energy.
OPEC oil supply in April has jumped to its highest in more than two years, boosted by record or near-record supplies from Iraq and Saudi Arabia.
A new report from an economic research firm makes a surprising case for crude oil to eventually fall to $20 a barrel over the coming years.
Charles Diebel, head of macro strategy at Aviva Investors, explains what he sees as the biggest factors in the oil market.
Howard Lutnick, CEO of Cantor Fitzgerald & BCG Partners, discusses BGC's energy strategy and how interest rates can affect real estate.
Iran's abrupt seizure of a commercial vessel in the Persian Gulf raises a question of who ordered the taking of the Maersk Tigris, and why?
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude hit its highest level this year as inventories were a little less than expected. Cushing stocks were down as well.
Almost 20 percent of the world’s oil supply travels through the Strait of Hormuz between the Persian Gulf and the Arabian Sea.
Prime office real estate in some of the world's leading cities is about to take a hit from the falling price of oil.
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