OPEC is concerned by recent prices and stands ready to talk to other producers, according an article in an OPEC publication.» Read More
Iran will see a substantial re-rating of its assets along the same lines as post-Cold War Russia, according to one investment company.
Patrick Dehaan, senior petroleum analyst at Gas Buddy, has looked at the key factors that are pushing prices lower.
OPEC raised its forecast of supplies from non-member countries in 2015, a sign that the price collapse is taking longer to impact shale and competing sources.
The great global game of chicken means there is a huge reluctance to be the first country to cut production and lose market share.
In October, bank lenders perform a biannual review of loans and revolving credit they make available to exploration and production companies.
The average price of a gallon of gas in the United States fell 11 cents in the past two weeks, pulled down by the ongoing slump in crude oil prices.
After investing tens of billions of dollars into liquefied natural gas, Qatar is at the forefront.
Renowned oil trader Andy Hall suffered his second-biggest monthly loss in July in a "brutal month" that left his hedge fund about $500 million poorer.
OPEC producing more oil into what they see is a rising-demand environment will ensure that does not happen, Helima Croft said.
The national average for unleaded gasoline could fall by another 15 to 20 percent by the end of the year, and in some states even more.
Retail investors appear to have doubled down on oil as prices for the commodity approach a six-year low.
A slump in oil below $50 a barrel—a level it has held above for most of the past decade—has raised the prospect of a new era of lower prices.
The rules would significantly cut climate-changing emissions from U.S. power plants and make the nation's utilities more environmentally friendly.
Chevron and Exxon both posted dismal profit amid falling oil prices, but an analyst sees the stocks going in different directions.
President Obama unveiled his plan to tackle climate change by reducing greenhouse gas emissions.
Puerto Rico, already hobbled by debt, is weighed down by outdated infrastructure that has increased the cost of doing business on the island.
WTI and Brent closed in on their lowest price levels for the year with analysts highlighting a raft of reasons for the fall.
Chevron earnings fell well below expectations Friday, raising new questions about shareholder returns at a time when oil prices are sliding again.
The oil price could be stuck firmly around $50 by 2020, a Goldman Sachs analyst told CNBC, raising new fears about companies who've already cut costs.
Chevron delivered quarterly earnings that fell well short of analysts' expectations on Friday.