ConocoPhillips reports a wider-than-expected loss and lowers its planned capital expenditures for the year. » Read More
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.
Baker Hughes fell nearly 3 percent in the premarket after the oilfield services giant posted a much bigger-than-expected quarterly loss.
Net adjusted profit of $1.6 billion fell 37 percent compared with the same quarter in 2015.
Whether or not the company can post another quarter like that is uncertain.
Standard and Poor's downgraded ExxonMobil's credit rating from AAA to AA+ because of expectations of continuing low oil prices.
Energy companies are offering “unsustainable” dividends for which they are wrongly rewarded by the market, the CEO of an energy-focused hedge fund told CNBC.
Riyadh’s new plan to reform the economy will raise cash, but won’t solve the kingdom’s crude problem, says BreakingViews columnist Andy Critchlow.
Six months after Zambia called for a national day of prayer to lift its currency, the unit is now one of the best performing in the world.
Saudi Arabia's government has unveiled a long-term economic blueprint for life in a low-oil price world.
With crude producers unable to increase output much, oil has likely bottomed, Helima Croft says.
Harold Hamm endorsed U.S. presidential candidate Donald Trump on Friday, saying he has the "fortitude to make tough decisions."
The average price of gasoline has jumped by 8 cents over the past three weeks to $2.18 a gallon for regular grade.
Iran's oil minister said on Saturday that last week's Doha meeting to freeze oil production, despite its failure, was a positive step.
Independent drillers are pioneering new oil production in Alaska's North Slope and could stem a nearly three-decade output decline.
The IEA's Neil Atkinson tells CNBC he believes both Saudi Arabia and Russia will continue to “pump as much oil as possible.”
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