Donald Trump outlined his plan for how he would handle the "illegal monopoly" known as OPEC to Jim Cramer. » Read More
The president-elect has threatened to pull out of the Iran nuclear deal, but analysts say he's unlikely to go that far. » Read More
OPEC is trying to get nonmembers to cut oil production, but it may not be able to leverage the fear factor with prices above $50 a barrel. » Read More
Russia's government will not order Russian oil companies to cut output as part of a deal with OPEC, RIA cited Deputy PM. » Read More
While black swans are inherently unpredictable, Nomura has pointed to 10 potential grey swans to worry about for 2017.
Russia said on Wednesday it sold a stake in oil giant Rosneft for $11.3 billion to Qatar and commodities trader Glencore.
The sale is part of the Russian government's efforts to privatize some state assets to help balance the budget amid a two-year recession.
The pipeline project spanned 1,172 miles and was projected to transport around 470,000 barrels of oil a day, NBC News reported.
BP is shipping US crude oil to customers across Asia, pioneering a complex operation likely to become more popular in the future.
Royal Dutch Shell will sign three agreements on Wednesday to develop Iranian oil and gas fields, an Iranian oil ministry official said.
Oil is having a spectacular year. But that's not cause for celebration just yet, says Michael Farr.
Persian Gulf states are plugging deficits by turning to international debt markets, and the risks vary across the region.
The Dallas-based company financing the $3.7 billion project does not look to be backing down, reports NBC News.
Sen. Heidi Heitkamp of North Dakota says the victory for Dakota Access protesters will be short-lived.
OPEC removed uncertainty from the market by delivering an output cut deal, but crude price volatility is likely to persist.
The Baltic Dry Index climbed 50 percent over the course of November, but the OPEC deal to reduce oil production could hurt tanker shipping.
Continental Resources CEO Harold Hamm said U.S. drillers can produce 20 million barrels a day but risk tanking oil prices in the process.
EPA officials made key last-minute changes to their presentation of a multiyear report on hydraulic fracturing's impact on water supplies.
Russia will cut its oil output from November-December levels, Energy Minister Alexander Novak told reporters on Thursday.
OPEC's decision to cut production gave an immediate boost to oil prices, but the impact on consumers and the U.S. economy is likely to be more modest and gradual.
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