Some experts think Russia is the key to resolving the oil glut with OPEC. CNBC's Dina Gusovsky reports on Russia as the oil 'wild card.'» Read More
CRUDE OIL FUTURES PARE GAINS AFTER BAKER HUGHES REPORT SHOWING OIL DRILLERS CUT RIGS FOR SIXTH STRAIGHT WEEK.
U.S. OIL DRILLERS CUT RIGS FOR SIXTH STRAIGHT WEEK -BAKER HUGHES.
The Trading Nation team discusses likely oil market moves with Brian Sullivan.
Some states dependent on energy revenues are facing strained budgets due to low oil prices, according to an S&P report.
The world's largest oilfield services company is receiving 'unscheduled and abrupt activity cancellations' from customers.
The election is likely to exacerbate the credit crunch hitting the oil industry, says oil consultant Mark Harrington.
LONDON, Jan 20- European stocks dropped on Wednesday as a relentless slide in oil prices hit world markets. Britain's FTSE 100 fell 1.9 percent, Germany's DAX slid 2.3 percent while France's CAC retreated by 2.2 percent. Oil prices lost yet more ground, with U.S. crude dropping towards $27 a barrel, after the International Energy Agency, which advises...
The ever-declining U.S. oil rig count should really start to take a bite out of the oversupply problem this year, KLR's John Gerdes says.
Here's why the credit crunch hitting the oil industry could be worse than the 2008 housing crisis, says longtime oil man Mark Harrington.
Most analysis sees crude prices rebounding in the back half of 2016, but oil futures faces headwinds in the coming months, experts told CNBC.
There's growing evidence that Saudi Arabia's attempt to flood the crude market is not working, American oil billionaire Harold Hamm tells CNBC.
One of the nation's top oil analysts says crude prices could triple within the next 24-months. But investors will feel more pain first.
Saudi Arabia is thinking about listing shares in its state-owned oil behemoth, Saudi Aramco, amid a global oil supply glut.
US oil and gas producers are getting squeezed. Maybe it's time for the government to pump some money into the industry, says John Kilduff
As oil prices fell toward an 11-year low Tuesday, experts debated what this means for the Texas and broader global economy.
NEW YORK/ LONDON, Dec 31- Oil prices rose on Thursday but fell as much as 35 percent for the year after a race to pump by Middle East crude producers and U.S. shale oil drillers created an unprecedented global glut that may take through 2016 to clear. But for 2015, both benchmarks fell double-digits for a second straight year as Saudi Arabia and other members of the...
NEW YORK/ LONDON, Dec 31- Oil prices steadied on Thursday but were still headed for a second year of steep declines after a race to pump by Middle East crude producers and U.S. shale oil drillers created an unprecedented global glut that may take through 2016 to clear. Global oil benchmark Brent and U.S. crude's West Texas Intermediate futures were on track finish...
BP and ConocoPhillips are shutting down productions at their oilfields in the North Sea due to violent weather.
Investors looking for upside that comes with risk-oriented energy plays can find similar returns in Chevron, Sam Margolin of Cowen said.
OIL DRILLERS CUT RIGS FOR A FIFTH WEEK IN LAST SIX ON WEAK CRUDE PRICES- BAKER HUGHES.