Hess Corp budgeted $2.25 billion for exploration and production this year. » Read More
The head of OPEC said on Thursday that he remains "confident" that the cartel and outside members will stick to an agreement to cut production to help boost oil prices. » Read More
To play a possible Trump-inspired trade war, look to counter-intuitive investments in China and Russia, said JPMorgan's Adrian Mowat.
North Dakota officials estimate more than 176,000 gallons of crude oil leaked from the Belle Fourche Pipeline into the Ash Coulee Creek.
There's joy in the U.S. oil patch, as other major producers joined OPEC in a deal to slash crude production.
"There are too many moving parts for OPEC's new policy to be sustainable in the long term," say Barclays analysts.
OPEC's deal and Trump's election are boosting oil prices. These stocks should be big beneficiaries, says Andy Lipow.
Crude oil prices jumped at the Asian open after OPEC and non-member producers agreed on a deal to cut output to ease a global supply glut.
As Iraq battles against terrorists, a few investors aren't entirely deterred from seeing opportunities in the war-weary country.
The Qatar Investment Authority and Glencore signed a deal on Saturday to buy 19.5 percent of Rosneft, which said it would receive $11.37 billion.
OPEC has persuaded 11 non-members to cut oil production, a move aimed at draining a worldwide oil glut.
Russia and Saudi Arabia said they expect OPEC and non-OPEC producers to reach a deal Saturday to curtail oil output and prop up prices.
Jim Cramer goes over the problems that can occur when an activist gets involved, even if it's the best in the business.
For the first time in months, oil industry officials are hopeful that crude prices could stick above $50 per barrel.
The cartel's production cuts are expected to make it possible for Americans to ply the route to Asia from the United States.
Donald Trump outlined his plan for how he would handle the "illegal monopoly" known as OPEC to Jim Cramer.
The president-elect has threatened to pull out of the Iran nuclear deal, but analysts say he's unlikely to go that far.
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.
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