Big oil companies are proving surprisingly adept at again pumping profits, as well as oil, The New York Times reports. » Read More
The world’s second-largest economy is conflicted as far as an OPEC production cut is concerned, one analyst told CNBC.
The World Bank raised its crude oil price forecast, as it expects an output agreement among the OPEC to help trim excess supply.
The government has reported surprisingly large drops in U.S. crude inventories, but they may not last.
It wasn't lost on investors that Saudi Arabia had bullish things to say about oil prices Wednesday as it launched its first international bond deal.
Halliburton reported a surprise profit on Wednesday, helped by cost cutting, and said it expected a rise in oil prices to boost rig counts.
Saudi energy minister Khalid al-Falih said on Wednesday that oil markets were at the end of a considerable downturn.
In a clear sign that the glut is abating, oil in floating storage has plummeted in the past few months.
Chinese investors could lift Nigeria’s ailing economy, but not necessarily through investment in the country’s vulnerable oil industry.
Statoil, Shell and Chevron are experimenting with various technologies to drive down costs.
New Jersey Gov. Chris Christie has signed legislation hiking the state's gas tax by 23 cents to help pay for transportation projects.
Russia and Middle Eastern oil producers want to keep oil prices between $50 and $60 per barrel
U.S. household heating bills were low last year thanks in part to warm weather, but Americans will have no such luck this year.
China imported record volumes of crude oil last month, eclipsing the United States as the world's top buyer of foreign oil.
CNBC takes a look at some of the most notable statements made by energy leaders at the 23rd World Energy Congress in Istanbul.
A massive oil strike on Alaska's North slope comes as the state is considering further cuts to tax incentives meant to encourage exploration.
Crude oil demand in 2016 is seen edging up compared to 2015, while supply is seen slightly lower, according to the October OPEC report.
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