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There are new job cuts ahead in the oil and gas sector, after major cost reductions have been squeezed out of capex and suppliers, a survey revealed.
An Iranian oil tanker set sail for South Korea last week, heralding a new period of uncertainty for world crude prices.
After parliament rejects unification proposal, Libyan official warns that a disunited government allows for costly attacks to occur.
Oil and stocks are seeing max out correlations, but it can't last forever. Usually stocks go up and oil continues to decline.
The average price of a gallon of gas in the United States fell 14 cents in the past two weeks to its lowest level in seven years.
Some states dependent on energy revenues are facing strained budgets due to low oil prices, according to an S&P report.
Instead of just buying stock in “responsible companies,” here's how we made companies in our portfolio change their ways, says Francis G. Coleman.
The Obama administration on Friday proposed new rules to clamp down on oil companies that burn off natural gas on public land.
Oil’s slide may be adding to market jitters on Wall Street, but some small businesses on Main Street are seeing boosted bottom lines.
The election is likely to exacerbate the credit crunch hitting the oil industry, says oil consultant Mark Harrington.
The freezing waters of the Cromarty Firth in Scotland have become a worrying barometer for energy veterans. The FT reports.
Schlumberger's customers are abruptly cancelling projects, the world's largest oilfield services company warned, as took a $1B hit, the FT reports.
Saudi Arabia expects the market to recover in 2016 even as the country continues to keep production high, reports the Financial Times.
Oil briefly rose above $30 per barrel in a short-covering relief rally, but crude has still not found a floor.
Stock markets have been bouncing up right at 2:30 p.m., marking a notable reversal from the big declines of the day.
An extended rout in oil prices is forcing energy companies to scale back on jobs and send expatriates home, said Robert Walters.
Saudi Aramco is in advanced talks to invest in refineries in China, the chairman of the state oil company said.
Stocks erased huge intraday losses with buyers jumping into momentum and other downtrodden names.
U.S. refineries along the East Coast and the Midwest are facing their first major test of the winter season.
The CEO of one of Europe's biggest transportation and energy companies told CNBC that the collapse in energy prices was a boon for the region.