President Donald Trump's plans to seize Iraqi oil has been dismissed by the country's prime minister. » Read More
By: Elizabeth Gurdus
Instead of extracting it so aggressively, the U.S. should leave it until the Middle East runs out of oil, the billionaire says. » Read More
The Treasury Department blacklisted Venezuelan Vice President Tareck El Aissami on Monday for alleged drug-trafficking.
A U.S. federal judge is refusing to fulfill a request by Native American tribes to halt final construction of the Dakota Access Pipeline.
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.
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