The Republicans' pledge to support the U.S. shale oil and gas industry would likely bolster U.S. drillers, Daniel Yergin said. » Read More
Barclays is the latest bank to increase its oil price forecast, saying prices will peak sooner than thought as a supply shortage develops.
Turkey has reopened Istanbul's Bosphorus Strait to transiting tankers after shutting it earlier on Saturday for several hours following an attempted coup.
As his country's economy implodes around him, Venezuelan strongman Nicolas Maduro has resorted to what may be a last-ditch effort to stay in power.
U.S. refiners could be helping set the stage for another day of reckoning for oil prices.
As Goldman Sachs upgraded pipeline operator Williams Companies to "buy" Wednesday, Jim Cramer says pipelines may be back in vogue.
There are warning signs that global oil demand is ebbing while oil stocks remain at "elevated levels," the IEA said.
Seventy percent of future oil projects are commercially viable with Brent crude at $60 per barrel, up from 50 percent a year ago, says Wood Mackenzie.
Saudi Arabia hopes that slower global growth will not trigger a fall in the current healthy demand for oil, Energy Minister Khalid al-Falih told a German newspaper.
Oil prices are shedding their gains, but Evercore analyst Doug Terreson said it's not time to abandon the big oil trade.
Barclays tells CNBC why the firm is bearish on oil for the next six to eight months, amid a large stockpile that could mean trouble.
The average price of gasoline has dropped 7 cents over the past three weeks to $2.29 a gallon for regular grade.
Oil could slide back to the upper $30s, Again Capital's John Kilduff says.
Oil prices could be key for markets Thursday as investors look for catalysts while awaiting the monthly employment report.
Huge stockpiles of fuel and teeming strategic Chinese crude inventories could send oil prices on one last, ugly slide lower, analysts tell CNBC.
U.S. crude dropped about 4 percent to near $47 a barrel, weighing on energy stocks.
The U.S. holds more oil reserves than Saudi Arabia and Russia, the first time it has surpassed those held by the world's biggest exporting nations.
Kazakhstan and a group of oil majors led by Chevron approved on Tuesday a $36.8 billion plan to boost production at the Tengiz field.
Fuel price tracker GasBuddy is predicting a national average of $2.27 per gallon this weekend.
A Canadian federal court has overturned approval for a major pipeline that one analyst says will impact the country's oil industry “big time.”
As the Fourth of July weekend approaches, an energy analyst is expecting the highest demand for gasoline we've ever seen.