President Donald Trump has a few paths to open more U.S. waters to offshore drilling, but little opportunity for shortcuts. » Read More
By: Christine Wang
If correct, that would mean the initial $2 trillion valuation figure is off by a little more than the combined market valuation of Amazon and Netflix. » Read More
Industry analyst Trilby Lundberg of the Lundberg Survey said consumers could see price increases slow as crude oil costs drop. » Read More
President Trump's isolationist policies could mean big things for trade with our northern neighbor.
OPEC reports record-setting compliance in the first month of a deal to reduce crude supplies.
The average price of a gallon of regular-grade gasoline dropped a nickel nationally during the past three weeks, to $2.31.
Crucial political allies and trading partners have extended Venezuela at least $55 billion in credit in return for oil.
Global demand for oil continues to pick up, but a period of sluggishness is still expected to hang over producers in 2017.
Pulitzer prize-winning oil analyst Daniel Yergin appears to be feeling more confident that American drillers can boost output in 2017.
OPEC members appear to be complying with agreed production cuts, but Saudi Arabia is overcompensating for some of its fellow oil producers.
French oil major Total said it is hunting out opportunities to buy plumb assets from struggling rivals after it reported better-than-expected fourth quarter net profits.
The recent jump in U.S. crude imports and inventories could reverse from March given the high compliance to the OPEC proposed cuts, Goldman Sachs said.
Shares of Singapore-listed offshore services company Ezra Holdings hit record low on Wednesday as concerns over its debt obligations continue to mount.
Shell needs to be competitive at every oil price level, CEO Ben van Beurden said.
With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on a daily basis.
Norway's Statoil posted fourth-quarter results well below forecasts, including a $2.3 billion net impairment charge.
The U.S. was the world's most confident region as measured by a quarterly survey of business leaders.
Here's how the US could start treating Mexico like Russia treats Ukraine, say Jason Bordoff and Tim Boersma.
Oil may not help Saudi Arabia's relationship with Trump, but it has something else to offer, writes Breakingviews' Andy Critchlow.
Trump has promised to boost the U.S. fossil fuel industry, but there will be little real impact on the market in the short-term, a consultant said.
Royal Dutch Shell has agreed to sell a package of oil and gas fields to private equity-backed Chrysaor for $3.8 billion.
Trump offered wrong information when he was arguing that U.S. pipeline makers should not use foreign pipes.
Eike Batista, once Brazil's richest man, was detained in connection to charges including an alleged $16 million bribe to a former governor.
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