Oil and Gas Oil and Gas Exploration

  • oil drilling exploration rig worker

    Traders smelling blood—or maybe oil—in the water have piled into shorts against energy-related companies.

  • Oil prices near 6-year lows: Analyst

    The oil price is nearing a 6-year low. Richard Mallinson, geopolitical analyst at Energy Aspects, says markets are looking for "a turning point" in oil production and it will end up being non-OPEC countries that cut supplies.

  • Investors: Get used to oil at $45

    Discussing oil and volatility in U.S. equity markets, Chad Morganlander, portfolio manager at Stifel, discusses strategy and says investors should get used to oil at $45 per barrel.

  • China is stocking up on oil

    Gareth Lewis-Davies, senior oil strategist at BNP Paribas, says that China is building up a strategic stock of oil, and that low prices provide a "good opportunity to dip into the market and accelerate purchases."

  • Oil Iraq OPEC

    Lower prices could make oil unprofitable to pull out of the ground. But we're not there yet, according to energy consultant Wood Mackenzie.

  • A Ford F-150 truck during assembly at the Ford Dearborn Plant in Dearborn, Michigan

    Despite anecdotal evidence, a new study is dismissing the U.S. manufacturing renaissance as little more than a "myth."

  • The gas prices are advertised outside the Costco store in Westminster, Colorado, December 2, 2014.

    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.

  • Concerns are deepening that the U.K. economy is slowing down, following a spate of disappointing data. Could any sector help?

  • Workers connect drill bits and drill collars on Endeavor Energy Resources’ Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas.

    Investors who believe in a long-term recovery in oil prices should look to exploration and production companies, said David Tameron.

  • How to play oil-based stocks

    Shell is definitely a choice for investors as the most "defensive" oil services stock currently says Jason Gammel, oil equities analyst at Jefferies.

  • The oil storage depot at Indonesian oil company Pertamina in Jakarta

    Trying to pick the bottom of oil's surprise price plunge may be tougher this time around, with analysts turning to non-traditional indicators to make predictions.

  • Richard Kovacevich

    OPEC is looking to put a lid on the U.S. fracking boom, former Wells Fargo boss Richard Kovacevich tells CNBC.

  • Work on a fracking site.

    Scientists at Miami University of Ohio identified what may be one of the biggest quakes that has resulted from fracking.

  • A Civeo lodge in Canada

    Oil investors are paying attention to Civeo's recent plummeting as the drop points to indications of slower oil investments.

  • New York Governor Andrew Cuomo greets fracking protesters outside his office in New York December 17, 2014.

    While some are praising New York's decision to ban fracking, some business owners who were hoping for a drilling-related boom are disappointed.

  • What dominated the U.S. market moves last week?

    Did the Fed's meeting and the oil rebound dominate markets last week? Alan Knuckman, chief options strategist at Bulls-Eye Options, disagrees, saying that "profit-taking" was behind the U.S. markets moves last week.

  • OPEC will not cut production

    Neil Atkinson, head of analysis at Lloyd's List Intelligence, compares the price of oil to "a bungee jump", referring to its volatility in price, saying that the problem is no knowing how many more "bounces" there are in oil until the price is stabilised.

  • Workers connect drill bits and drill collars, used to extract natural petroleum, on Endeavor Energy Resources LP's Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas.

    Oil at $50 a barrel is not going to scare some producers, and investors should focus on companies with core acreage in good basins, said Mike Kelly.

  • The price of cheap oil: Friedman

    Thomas L. Friedman, The New York Times, weighs in on the global impact of falling crude prices.

  • Oil technology's hope for the future

    Former Shell President John Hofmeister, shares his thoughts on New York's fracking ban, and natural gas as a transportation fuel.