Goldman Sachs President Gary Cohn tells CNBC he is concerned about the short-term window for oil and said crude prices could fall to $30 a barrel.
With oil's price collapse, we can now declare that OPEC's reign as king of the market is over.
Oil supply running ahead of demand hasn't just pressured prices, it's also filling up storage space, potentially pushing crude toward another leg down.
The U.S. refinery strike widened, with workers at the nation's largest refinery walking off the job, the United Steelworkers union said.
Labor standoffs at refineries and West Coast ports are not relenting. Is this a sign of a strengthened economy or will it hurt it instead?
Oil prices have rallied off post-crisis lows, possibly marking the rout's bottom as producers' cutbacks begin pinching supply, some analysts said.
Union leaders called strikes on Sunday at nine U.S. refineries in a bid to pressure oil companies to agree to a new national contract covering workers at 63 plants.
Oil prices are in the midst of a prolonged slump, squeezing bottom lines everywhere. How do sovereign wealth funds cope?
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.
"Fast Money" trader Brian Kelly attempts to find the bottom in oil.
Enterprise Products Partners is shelving a pipeline that would have transported crude from North Dakota to Oklahoma, the company said Friday.
The US Air Force just completed an initiative to convert all of its bases from military-specific grade jet fuel to a civilian grade.
Philadelphia is developing a new reputation as a nexus of oil and gas transportation, which bodes well for its economy.
The continual drop in oil prices could hurt shale drilling's profitability, finds a report from Goldman Sachs.
Oil and gas firms are "routinely" underpaying their workers, according to an investigation from ProPublica.
Venezuela's state-run oil company is seeking offers for its U.S. unit Citgo Petroleum in a deal that could fetch up to $10 billion.
India's Reliance Industries plans to invest about $13 billion in energy projects, including a 400,000 barrels per day crude refinery.
BP said its largest U.S. refinery, at Whiting, Indiana, continued to operate on Thursday morning following a blaze the night before.
Mexico's new energy reforms will not only increase foreign investment, but will also help domestic firms across the economy.
CNBC's Jim Cramer shares his opinions on the high price of oil, and U.S. regulations on exporting.