The weekly rig count has fallen every week since Dec. 12, though the pace of declines has fallen in recent weeks.» Read More
Enterprise Products Partners is shelving a pipeline that would have transported crude from North Dakota to Oklahoma, the company said Friday.
You want to be out of equities, long high-yield debt," says investor Kevin O'Leary of Shark Tank, discussing his portfolio strategy.
Discussing if low oil is good for the U.S. economy, with Dennis Gartman, The Gartman Letter; Greg Ip The Economist; and "Shark Tank's Kevin O'Leary.
"We're at a technical level that's being pushed by the forced selling in the global markets," says Chad Brownstein, Rocky Mountain Resources CEO, discussing the next level for oil prices.
Kevin Caron, Stifel Private Client Group, and Rod Smith, Riverfront Investment, discuss how the massive drop in oil effect the global and U.S. markets heading into 2015.
Discussing what's' behind oil's precipitous drop over the past four months, with Kyle Cooper, IAF Advisors director of research.
CNBC's Jackie DeAngelis reports crude oil closes under $58 per barrel for the week, the lowest since 2009.
Jan Kniffen, J. Rogers Kniffen Worldwide Enterprises CEO, discusses the cost of low crude oil is really a benefit to retailers.
Discussing oil's effects on stocks and the global growth story, with Steve Massocca, Wedbush Equity Management, and Bryan Piskorowski, Wells Fargo Advisors.
As oil is rebounding off session lows, CNBC's Jackie DeAngelis reports the national average for gasoline is $2.60.
Former Energy Secretary Bill Richardson also tells CNBC the United States should lift the ban on exporting American oil and natural gas.
Stocks gave up sizeable gains on Thursday after oil reversed course and fell below $60 per barrel.
Weak demand and oversupply in oil markets raise the risk of global social instability, the International Energy Agency has warned.
The massive options bet that oil will decline as much as 7 percent by April.
Despite drops in the price of oil, Mexico's finance minister, Luis Videgaray, said his country's revenues are protected.
The declining price in oil is certainly having an effect and it is "common sense" for lower oil prices to filter down to the consumer says Martin Leclerc, chief investment officer and portfolio manager at Barrack Yard Advisors.
Plummeting oil prices could have big impacts beyond energy-producing regions, Mayflower Advisors managing partner Larry Glazer said.
For most of the world, the tailwind of lower oil prices helps push the pace of growth. But not for everybody.
There have been many reasons tossed around for falling oil prices but here's an important one that isn't being talked about much, says Jack Ablin.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil bounced around before it fell below $60 near the close. There's simply too much oil on the market and too little demand. And OPEC isn't going to cut production any time soon.
Get the best of CNBC in your inbox