Crude oil settled up 8 percent, or $3.71, at $48.24, its best day since June 2012.» Read More
Jim Iuorio, TJM Institutional Services, weighs in on whether oil traders are prepared to spot the bottom yet.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The ECB's QE announcement put downward pressure on oil today, as did a huge weekly build. Nat gas settled down, as well, as inventories were down less than expected. Gold was higher on the day.
Nymex crude dropped after data from the U.S. government showed commercial crude inventories rose far more than expected last week.
Venezuela may be down to its last lifeline as oil prices continue to plummet, and the country needs financial backing more than ever.
Eric Otto, director of oil exploration and production at CLSA, told CNBC who is solid or vulnerable after his $30-a-barrel oil stress test.
Carl Icahn, Chairman of Icahn Enterprises, provides perspective on the pullback in the price of oil.
Kinder Morgan will buy Hiland Partners, a pipeline and logistics company, for $3 billion, the company said on Wednesday.
At Davos, Majid Jafar, CEO of Crescent Petroleum, says Egypt is getting its optimism back, with improvements in its infrastructure, employment and oil and gas space.
Canada's oil sector will cut its 2015 investment by one third amid plummeting oil prices, The Financial Times reports.
Speaking at the World Economic Forum in Davos, Ken Hersh,CEO of NGP Energy Capital Management, discusses the best opportunities for investors in the energy sector.
Energy is really what's going to drive this market over the next year, explains Jack Bouroudjian, Index Financial Partners. Keith Fitz-Gerald, Money Map Press, weighs in.
US crude closed oil nearly 3 percent, rebounding from falls in the previous session as more energy firms cut investments and the dollar weakened.
in 2014, gas prices went down. Exclusive data to CNBC from Cardlytics shows where Americans saved and spent, breaking down sector winners and losers.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up on the day, as traders continued to seek the bottom. Nat gas was up on colder weather forecasts, and gold was down today.
Carlyle's David Rubenstein tells CNBC low oil prices are creating new places to invest.
Stable, low oil prices are good because the drop in crude is supply-driven and will act as stimulus, Dow Chemical CEO Andrew Liveris tells CNBC.
Oil prices may be the buzzword of the moment, but what will be people in the sector be talking about in the future? CNBC looks at some possibilities.
Dr Lin Boqiang, director at China's Center for Energy Economics Research at Xiamen University, says that "without a doubt" low oil prices are good for China.
Amazon announced a partnership with Pattern Energy to build a 150-megawatt wind farm in rural Indiana.
Can your business be successful without a focus on profits? This CEO thinks so.
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