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Oil prices recently topped $50 a barrel and UBS says they'll be above $70 within a year. Here's why.
Only twice before, in 2010 and 2011, have there been no increases.
OPEC said oil demand in 2016 would be higher than previously thought as its strategy of letting prices fall hits U.S. shale oil.
A handful of super-rich backers are throwing tens of millions of dollars into the presidential campaign, The New York Times reports.
Oil prices crossed the $50 mark per barrel, but the commodity's future growth all comes down to this one thing, says Steve Kopits.
Commodities trader Noble Group is scaling back its metals business to focus on more profitable areas such as oil and gas, the FT reports.
The year isn't over yet but T. Boone Pickens says his prediction for $70 oil by year end isn't looking good. Here's why.
A rally in oil prices would not only prop up energy companies but also lift other markets in need of a boost, one expert said.
"I don't think Saudi Arabia and Russia right now could agree on whether or not it's sunny outside," John Kilduff says.
Oil's rally has helped the Indonesian rupiah and the Malaysian ringgit make up much-needed ground against the dollar.
Oil industry leaders have dismissed talk of the price of crude hitting the $20 lows predicted by analysts.
The company had about 7,260 employees as of Dec. 31, 2014, according to a filing in March.
Oil's rebound from near-$38 was fast and strong, which suggests the downward pressure on the commodity is weakening.
The deal announced Monday is the largest settlement with a single entity in American history.
Russia is ready to meet with members of the Organization of Petroleum-Exporting Countries (OPEC) to discuss the situation facing global oil markets.
Hurricane Joaquin and a separate rain deluge could affect the oil and shipping industries and the military along the East Coast.
The U.S. government's testing underestimates how much fuel cars will burn on the road, and the problem has gotten worse, according to a study.
Oil fell nearly 1% Thursday after being up over 4% percent, volatility that can be partially attributed to strained U.S.-Russia relations over Syria.
Oil inventories appear set to balance for the first time in eight quarters, and natural gas could surge 40 percent, Francisco Blanch said.
A peace agreement with armed rebels would permanently add 1.5 percent to Colombia's GDP, according the country's leader.