Oil prices are in the midst of a prolonged slump, squeezing bottom lines everywhere. How do sovereign wealth funds cope?» Read More
It will be ugly for the next few months, Canadian oil pros told CNBC. However, the industry will survive, they said.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile trading day with buying action into the close. Oil had its best day since June 2012.
Michael Rose, Tourmaline Oil president, & CEO, discusses the rapid drop in oil and projects oil prices for 2015, with CNBC's Brian Sullivan.
Numerous oil-rich clusters around the US will see an impact from by the commodity's decline. These counties are especially dependent.
The oil price plunge has defied all but the most pessimistic analysts. We take a look at some of the difficulties in calling the bottom.
TOKYO, Jan 14- Liquefied natural gas spot prices for Japanese buyers extended declines in December after two previous months of gain, Japan's trade ministry said on Wednesday, as well-stocked buyers in Asia remained mostly on the sidelines. Spot LNG contracted in December for delivery to Japan averaged $11.60 per million British thermal unit, down from $14.40...
With oil continuing to hit new lows, there are some good opportunities to make money in the energy sector, several pros told CNBC Tuesday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down again today, as the spread between WTI and Brent narrowed. OPEC announced it would still not cut production.
CNBC's Jackie DeAngelis reports oil is off session lows, but sits below $45 a barrel, and OPEC says there will be no backing down in terms of production.
CNBC's David Faber discusses the concern over potential bankruptcies as cash flows become "meaningfully" reduced among many energy producers in the U.S.
Oil prices continued their dramatic slump as an oil minister from OPEC reiterated that the group would not be changing its production strategy.
One Houston furniture retailer is promising refunds to customers if U.S. crude ends the year above $85 a barrel
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Another big drop in oil dragged down equities. A GS forecast that said oil could go to $40 and OPEC refusing to cut production were the reasons why.
A twist of fate has made slumping gas prices fuel a discussion once thought to be anathema in a Republican-led Congress: higher gas taxes.
The oil industry is about to face a rude awakening when it comes to jobs, The Schork Report's editor warned Friday.
Rocky Mount Resources CEO Chad Brownstein thinks oil will bottom in the mid-$40s and believes now is the time to buy this sector.
CNBC's Jackie DeAngelis reports the latest data on natural gas inventories.
CNBC's Jackie DeAngelis reports oil remains under pressure as traders believe WTI could move to $45 while Brent crude trades at $50.96.
Edward Morse, Citi commodities research, shares his outlook on crude prices. The U.S. will see a 40-percent cut in capex, predicts Morse.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude ended a little higher on the day, after Brent went under $50 last night. A significant build in gasoline could mean even lower prices at the pump.