US crude oil futures closed Friday's session down 48 cents at $59.15 per barrel.» Read More
Brent crude futures edged higher, after U.S. data buoyed global financial markets, with a cut in Saudi-Kuwait oil output providing further support.
Neil Atkinson, head of analysis at Lloyd's List Intelligence, says OPEC is likely to cut oil production but won't place individual country quotas.
Despite its oil revenues, Venezuela's economic and fiscal situations are in free fall. Learn why here.
Fauzi Ichsan, Indonesia Managing Director of Standard Chartered, says a fuel subsidy reduction is the only way to slash the fiscal deficit. He says fuel prices may rise by 45 percent.
One of the absolutely stupidest things I have heard in recent weeks is that the recent drop in oil prices is bad, says Larry Kudlow.
U.S. crude closed higher Friday but was still down on the week. Some pros expect the slide to continue.
Discussing the move in oil, with Jack Bouroudjian, Index Financial Partners; Kenny Polcari, O'Neil Securities; and Bob Iaccino, Tethy's Partners.
One big options trader is getting in on this beaten-down energy name.
The dog fight between major oil producers over reducing output could lead to lower prices yet.
Brent crude oil rose above $86 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold
Raden Pardede, Vice Chairman, National Economic Committee, says the fuel subsidy reform must happen this year before the parliament removes their support next year.
Martin Arnold, global foreigne xchange and commodity strategist at ETF Securities, says oil prices have probably reached their lowest point for the year as they are not sustainable for OPEC producers.
A new report says the two-year low in U.S. oil prices is not yet stalling growth of U.S. crude production.
The U.S. stock market keeps falling. And when it comes to oil, there's no consensus on where it will go next.
Oil prices are falling, but Saudi Arabia has indicated that it's willing to put up with cheaper crude oil for now.
Does oil go lower or higher from here? Jim Iuorio, TJM Institutional Services, and CNBC's Larry Kudlow provide insight on oil and fracking.
Oil's wild slide may be nauseating but here's the bright side, says hedge-fund manager Todd Schoenberger.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was under $80 before the EIA report, but rallied afterward.
None of the major hedge funds that owned the battered U.S. energy stocks indicated having sold them
Falling oil prices are stoking worries about economic growth, but some say lower energy costs could boost consumers.
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