Crude oil prices will remain in the $45-$50-a-barrel range till mid-2017, with little to change the global supply and demand situation, Goldman Sachs said. » Read More
Oil prices could be key for markets Thursday as investors look for catalysts while awaiting the monthly employment report.
Huge stockpiles of fuel and teeming strategic Chinese crude inventories could send oil prices on one last, ugly slide lower, analysts tell CNBC.
U.S. crude dropped about 4 percent to near $47 a barrel, weighing on energy stocks.
The U.S. holds more oil reserves than Saudi Arabia and Russia, the first time it has surpassed those held by the world's biggest exporting nations.
Kazakhstan and a group of oil majors led by Chevron approved on Tuesday a $36.8 billion plan to boost production at the Tengiz field.
Fuel price tracker GasBuddy is predicting a national average of $2.27 per gallon this weekend.
A Canadian federal court has overturned approval for a major pipeline that one analyst says will impact the country's oil industry “big time.”
As the Fourth of July weekend approaches, an energy analyst is expecting the highest demand for gasoline we've ever seen.
The oil and gas industry is set for fresh uncertainty as Scottish politicians call for an independence referendum after the EU referendum.
A ruling on hydraulic fracturing has set a very comfortable precedent for oil and gas companies, analyst David Deckelbaum says.
The average price of gasoline has leveled off to $2.37 for a gallon of regular unleaded.
European markets opened higher on Friday, on the back of a positive trading session in Asia and a tick-up in oil prices.
The stock fell after the company said it will use proceeds of a stock offering to fund a purchase of acreage from Devon Energy.
Crude oil prices of $50-55 per barrel would be a “sweet point” for Egypt, the country’s minister of trade and industry told CNBC.
The collapse in crude prices is turning into a trillion-dollar retrenchment for the global oil industry.
Oil production disruptions may be hitting multi-year highs, but Goldman Sachs predicts the resulting price recovery is likely to stall.
The oil market's "real Achilles heel" is slowing economies in this region, says John Kilduff.
The latest rig count numbers show the industry is more confident that the market is stabilizing and is on its way higher, says Jeffrey Grossman.
Nearly 8,000 jobs have been lost from the North Sea oil and gas industry during the downturn, while 120,000 roles have gone across the wider economy.
Harold Hamm says he's taking important steps to get ready for the day when the U.S. will have to ramp up oil production.
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