Energy Commodities Oil


  • Exxon beats estimates but shares under pressure

    Roger Read, Wells Fargo, breaks down the quarterly result on ExxonMobil which beat on both the top and bottom line.

  • A ''Now Hiring'' sign is seen in a store front window in Miami Beach.

    Despite the worst January for the stock market since 2009, small business hiring bounced last month, according to a survey.

  • Exxon Mobil

    Exxon reported a steep drop in earnings as low oil prices hurt results at the world's largest publicly traded oil company.

  • Feb 2- Exxon Mobil Corp on Tuesday reported a 58 percent drop in quarterly profit as low oil prices hurt results at the world's largest publicly traded oil company. The Irving, Texas company reported that fourth-quarter profit slid to $2.78 billion, or 67 cents per share, from $6.57 billion, or $1.56 per share, in the same period a year earlier. Exxon said its oil and...

  • Oil, earnings weigh on markets

    Sam Stovall, S&P Capital IQ, shares his outlook on the markets. We are finding that pricing is influencing fundamentals, says Stovall.

  • It's been painful for all the oil companies: Analyst

    Amrita Sen, chief oil analyst at Energy Aspects Ltd, says the correlation between oil and stock prices is an unhealthy situation.

  • Oil is lagging its stimulus: Bruno Verstraete

    Bruno Verstraete, partner at Lakefield Partners, says oil prices should stabilize when the dollar starts to lose value.

  • BP stock price opens 5% down

    CNBC's Steve Sedgwick, Geoff Cutmore and Karen Tso discuss the difficulties facing the U.K. energy giant.

  • LONDON, Feb 2- European equities fell for a second straight session on Tuesday as crude oil prices slipped again on oversupply concerns and companies such as oil major BP disappointed on the earnings front. BP shares fell 6.8 percent, the top decliner in the pan-European FTSEurofirst 300 index, after reporting an annual loss of $6.5 billion in 2015, its worst in...

  • More countries are expected to join oil-rich but cash-poor Azerbaijan and Nigeria in asking for international financial help.

  • An oil pumpjack operates near Williston, North Dakota.

    U.S. oil futures extended losses after data from the American Petroleum Institute showed a 3.8 million inventory build.

  • After oil's slide continued Monday, "Fast Money" traders debated whether energy companies would see relief any time soon.

  • LAGOS/ LUANDA, Feb 1- Nigeria and Angola, Africa's two biggest oil producers, are both in talks with the World Bank about support to help cope with low crude prices, weakening currencies and strained public finances. Nigeria has held exploratory talks with the World Bank on borrowing to help fund a record budget in 2016 but has not applied for any emergency loans,...

  • Car auction sales decline

    CNBC's Robert Frank explains why the collectible car market could be in a downturn.

  • Oil prices close lower

    CNBC's Jackie DeAngelis discusses factors influencing the price of oil today.

  • Oil barrels sinking in oil

    Evercore ISI's Doug Terreson expects all oil majors to do a big deal, starting in the first half of this year.

  • Get bullish on oil at $25: Pro

    Roberto Friedlander, Brean Capital head of energy trading, says investors should start adding to their energy positions when oil his around $25.

  • Stop looking at oil every day: Strategist

    Wunderlich Securities Strategist Art Hogan takes emphasis off oil, GuideStone Capital Strategist David Spika eyes the consumer.

  • NEW YORK, Feb 1- Investors who bet on U.S. inflation bonds making a comeback in 2016 were caught wrong-footed in January as oil prices tumbled to 12- year lows and fears about China and emerging economies roiled global markets. Instead, oil has fallen through $30 a barrel amid a persisting supply glut, dragging down a measure of inflation expectations to its lowest...

  • Investors panicking more than in 2009?

    Tobias Levkovich, Citi Chief U.S. Equity Strategist discusses his firm's Panic/Euphoria Model and what it says about investor sentiment.