Oil prices extended gains after Baker Hughes reported that the weekly U.S. oil rig count fell for the 25th straight week.» Read More
Brent crude oil slipped below $87 a barrel on Thursday as expectations that U.S. interest rates may rise sooner than previously thought pushed the dollar higher.
Europe could be plunged into an energy crisis this winter if last-ditch talks on Wednesday fail to see Russia resume gas flows to Ukraine.
Carl Larry, Oil Outlooks and Opinions, shares his outlook on oil as crude prices hover around $80 and the U.S. become increasingly oil independent.
Libya is nearing a “point of no return”, as warring factions struggle to agree on a political future, a United Nations envoy has warned.
Brent crude dipped below $87 a barrel on Wednesday after the Federal Reserve announced the end of its bond-buying program.
Total warned that sliding oil prices had hit its third-quarter results and could weigh for the rest of 2014.
Norwegian energy firm reports an unexpected third-quarter net loss, weighed down by impairment charges on projects from Canada to Angola.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks were up, and so was crude oil. Traders still expect prices to go lower in the next few days.
Oil companies are shying away from commenting on outlook as crude oil falls to multi-year lows; however, analysts are slashing estimates.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Gold was lower before the Fed meeting. A hawkish tone by the Fed didn't help. Oil was up slightly on the day on some technical buying and short covering. OPEC says don't panic.
Gas prices could fall below $3 a gallon nationwide by the weekend, and the already big savings for consumers should put some jingle in holiday shopping.
West Texas intermediate crude dropped below $80 a barrel, hitting two-year lows, with some analysts predicting that it could go lower.
The recent drop in oil prices may soon take a big bite out of tax revenues in states that are big energy producers.
Oil titan Harold Hamm tells CNBC: Don't believe the hype. "There's not a glut in the market at all." The billionaire says he has no intention yet to pull back drilling.
Brent crude oil steadied below $86 a barrel on Tuesday, after dipping close to $85 earlier in the day, supported by a rally in European equities and a fall in the U.S. dollar.
WTI crude oil prices could soon fall to $75 a barrel, says some market observers.
Crude oil is going the way of the fossils that comprise it, commodities trader Dennis Gartman says.
Despite lackluster sales, General Motors is not backing down from its commitment to the Chevy Volt.
Fracking could open the way for the U.S. to overtake Saudi Arabia as the world's top oil producer, Platts said in a report on Tuesday.
CNBC's Dominic Chu takes a look at those sectors that are set to gain as oil prices fall.