Commodities trader Noble Group is scaling back its metals business to focus on more profitable areas such as oil and gas, the FT reports.» Read More
Oil's rally has helped the Indonesian rupiah and the Malaysian ringgit make up much-needed ground against the dollar.
Oil industry leaders have dismissed talk of the price of crude hitting the $20 lows predicted by analysts.
The company had about 7,260 employees as of Dec. 31, 2014, according to a filing in March.
Oil's rebound from near-$38 was fast and strong, which suggests the downward pressure on the commodity is weakening.
The deal announced Monday is the largest settlement with a single entity in American history.
Russia is ready to meet with members of the Organization of Petroleum-Exporting Countries (OPEC) to discuss the situation facing global oil markets.
Hurricane Joaquin and a separate rain deluge could affect the oil and shipping industries and the military along the East Coast.
The U.S. government's testing underestimates how much fuel cars will burn on the road, and the problem has gotten worse, according to a study.
Oil fell nearly 1% Thursday after being up over 4% percent, volatility that can be partially attributed to strained U.S.-Russia relations over Syria.
Oil inventories appear set to balance for the first time in eight quarters, and natural gas could surge 40 percent, Francisco Blanch said.
A peace agreement with armed rebels would permanently add 1.5 percent to Colombia's GDP, according the country's leader.
As oil prices struggled to hold onto this week’s gains, investors are obsessed with pinpointing crude’s next move—and there’s hopes the worst might be over.
After more than a year of lower oil prices, consumers are beginning to reap the benefits of cheaper fuel for their homes and cars.
With a volatile market for value investors and a clouded Fed, two retail analysts say buying long term is the way to go.
A federal court on Wednesday blocked the Obama administration's rules for stricter standards on hydraulic fracturing.
St. Gregory's University in Oklahoma owns and leases out 800 properties to oil and gas firms, despite Pope Francis’ call to arms against fossil fuel.
OPEC oil output has risen in September from the month before, a Reuters survey found on Wednesday, as Iraq's northern exports recovered from disruption.
The combination of the shutdown of a major LA refinery plus autumn planned work at other plants could cause oil prices to spikes by late November.
The Arctic is likely the biggest untapped area for petroleum on Earth, but Royal Dutch Shell is just the latest of the oil supermajors to pull back. Here's why.
It's too soon to be investing in emerging markets amidst a commodity collapse, says David Spika of Guidestone Capital Management.