The Obama administration may have done U.S. drillers a favor by holding back drilling on federal land, analyst John Kilduff says. » Read More
Why Saudi Arabia's oil minister's departure ushers in age of uncertainty, and more erratic prices, says BreakingViews' Andy Critchlow.
The average price of gasoline has jumped by 9 cents over the past two weeks to $2.27 a gallon for regular grade.
This year's respite from the commodities rout is a "bit overdone", the CEO of one of the world's largest natural resources companies told CNBC.
Saudi Arabia is planning a foreign listing in London, Hong Kong, and New York of its $2.5 trillion oil giant Aramco, said The Telegraph.
Saudi Arabia's decision to replace its oil minister is being viewed as a way for Deputy Crown Prince Mohammed bin Salman to consolidate power.
Don't expect Saudi Arabia's new oil boss to bring big change to OPEC's June meeting, analysts said, after it replaced its long-serving minister.
Saudi Arabia's new energy minister said the world's largest crude exporter is committed to meeting demand for hydrocarbons from its customers.
Saudi Arabia's King Salman restructured some government ministries and reshuffled his cabinet to appoint new ministers in a series of royal decrees.
The Fort McMurray wildfire in oil-rich Alberta may be the costliest disaster in Canadian history. Click ahead to see scenes from the inferno.
The impact of low oil prices and energy layoffs is reverberating across Louisiana — and being felt acutely in the bayou.
As analysts vie to produce the most bearish oil price forecast, one pro has raised the game, telling CNBC that crude might fall below $10 per barrel within the next 10 years.
Losses from the wildfire blazing in western Canada are nearing $1 billion, and will likely set records for the country, industry experts said.
A group of Venezuelan soldiers confessed to stealing goats over the weekend, in order to feed themselves since they had no food left in their barracks.
Royal Dutch Shell posted a sharp fall in earnings for the first three months of 2016 as the tumble in oil prices continues to take its toll.
Jim Cramer says their decision to pursue the deal was based on advice that was "so stupid it really is rather extraordinary."
Despite climbing to a six-month high, gas prices remain at lowest levels since 2009, according to an AAA report.
Halliburton and Baker Hughes announced the termination of their merger agreement in the face of regulatory opposition.
IEA chief Fatih Birol said on Sunday that oil prices may have bottomed, providing that the health of the global economy does not pose a concern.
Raymond James analyst Pavel Molchanov says the oil giant is in an unrecognizable state right now.
Saudi Arabia’s plan to diversify its economy away from oil grabbed the headlines this week, but other crude exporters have similar plans.
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