Average gasoline prices rose 2 cents nationally during the past two weeks. » Read More
Nimble drillers with an established presence in core basins benefit most from the oil price recovery, analysts say. » Read More
Aramco IPO might set a precedent for listing oil assets managed by state enterprises. » Read More
U.S. oil major Exxon Mobil Corp made the revision due to low oil prices throughout 2016, a company filing showed. » Read More
The average price of a gallon of regular-grade gasoline dropped a nickel nationally during the past three weeks, to $2.31.
Crucial political allies and trading partners have extended Venezuela at least $55 billion in credit in return for oil.
Global demand for oil continues to pick up, but a period of sluggishness is still expected to hang over producers in 2017.
Pulitzer prize-winning oil analyst Daniel Yergin appears to be feeling more confident that American drillers can boost output in 2017.
OPEC members appear to be complying with agreed production cuts, but Saudi Arabia is overcompensating for some of its fellow oil producers.
French oil major Total said it is hunting out opportunities to buy plumb assets from struggling rivals after it reported better-than-expected fourth quarter net profits.
The recent jump in U.S. crude imports and inventories could reverse from March given the high compliance to the OPEC proposed cuts, Goldman Sachs said.
Shares of Singapore-listed offshore services company Ezra Holdings hit record low on Wednesday as concerns over its debt obligations continue to mount.
Shell needs to be competitive at every oil price level, CEO Ben van Beurden said.
With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on a daily basis.
Norway's Statoil posted fourth-quarter results well below forecasts, including a $2.3 billion net impairment charge.
The U.S. was the world's most confident region as measured by a quarterly survey of business leaders.
Here's how the US could start treating Mexico like Russia treats Ukraine, say Jason Bordoff and Tim Boersma.
Oil may not help Saudi Arabia's relationship with Trump, but it has something else to offer, writes Breakingviews' Andy Critchlow.
Trump has promised to boost the U.S. fossil fuel industry, but there will be little real impact on the market in the short-term, a consultant said.
Royal Dutch Shell has agreed to sell a package of oil and gas fields to private equity-backed Chrysaor for $3.8 billion.
Trump offered wrong information when he was arguing that U.S. pipeline makers should not use foreign pipes.
Eike Batista, once Brazil's richest man, was detained in connection to charges including an alleged $16 million bribe to a former governor.
Chevron reported a second straight quarter of profits, but low oil and gas prices dragged the company to an annual loss.
Pioneering shale driller Harold Hamm had words for a Gazprom executive who cast doubt on the U.S. oil and natural gas industry.
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