Royal Dutch Shell will sign three agreements on Wednesday to develop Iranian oil and gas fields, an Iranian oil ministry official said. » Read More
In absence of reforms, an agreement with OPEC would be positive news for Russia says Otkritie CEO, Ruben Aganbegyan. » Read More
Investors waited to see if OPEC and Russia would deliver promised production cuts designed to end a supply overhang. » Read More
By: Jim Cramer
Jim Cramer spoke with energy expert Rusty Braziel, who shed light on where the price of crude is headed in the long term. » Read More
Rice Energy shares slid by more than 7 percent after buying Vantage Energy for about $2.7 billion, including debt.
*No sign of Algiers output deal. Saudi Arabia dashed hopes on Tuesday that producers could clinch a deal at the Sept. 26-28 informal meeting of OPEC and other producers including Russia after sources within the exporter group said differences between the kingdom and rival Iran remained too wide. "It's all about what's going on in Algiers really... the prospect or no...
CNBC's Dominic Chu looks ahead at the day's market action including financials playing a large role.
CNBC's Hadley Gamble has the update from OPEC leaders meeting in Algeria to dicuss oil production.
A freeze in production by OPEC members would not include Nigeria, according to the country's oil minister.
Nigerian Oil Minister Emmanuel Ibe Kachikwu, says that an OPEC freeze is not likely, but "honesty" is the real progress at the meeting in Algeria.
LAUNCESTON, Australia, Sept 27- Major oil exporters clearly would like higher crude prices and may even be getting closer to some sort of coordinated action, but they should be careful what they wish for as they may choke off demand growth in top importer China. On the surface, China's appetite for imported crude has seen robust gains this year, rising 13.5 percent...
China's stock of oil reserves could prove to be the "wild card" for global oil prices and market dynamics, according to oil experts.
The oil-rich kingdom will lower ministers' salaries and cut back financial perks for public sector workers.
*Investors look for sign of Algiers output deal. Saudi Arabia on Tuesday dashed hopes that OPEC oil producers could clinch a deal in Algeria this week after sources within the exporter group said differences between the kingdom and rival Iran remained too wide. "It's all about what's going on in Algiers really... the prospect or no prospect of a supply deal," Olivier...
U.S. investment bank Goldman Sachs has lowered its forecast for the price of oil price.
*Investors look for sign of output agreement as producers meet at Algiers energy conference. Saudi Arabia on Tuesday dashed hopes that OPEC oil producers could clinch a deal in Algeria this week as sources within the exporter group said the differences between the kingdom and rival Iran remained too wide. Sources told Reuters last week that Saudi Arabia had...
Saudi Arabia needs to cut rather than freeze, says Barclays' Miswin Mahesh providing his outlook on oil as OPEC and non-OPEC producers fail to agree on oil production.
CNBC's Hadley Gamble discusses potential outcomes of this week's oil producer meeting in Algiers.
Shale gas from the U.S. arrived on the shores of the U.K. for the first time Tuesday, sparking a wider debate about the industry.
CNBC's Hadley Gamble reports on OPEC from the Algiers energy meeting and says the group is trying to project a positive image ahead of their main meeting in a few months.