Some states dependent on energy revenues are facing strained budgets due to low oil prices, according to an S&P report.
The world's largest oilfield services company is receiving 'unscheduled and abrupt activity cancellations' from customers.
The election is likely to exacerbate the credit crunch hitting the oil industry, says oil consultant Mark Harrington.
The ever-declining U.S. oil rig count should really start to take a bite out of the oversupply problem this year, KLR's John Gerdes says.
Here's why the credit crunch hitting the oil industry could be worse than the 2008 housing crisis, says longtime oil man Mark Harrington.
Most analysis sees crude prices rebounding in the back half of 2016, but oil futures faces headwinds in the coming months, experts told CNBC.
There's growing evidence that Saudi Arabia's attempt to flood the crude market is not working, American oil billionaire Harold Hamm tells CNBC.
One of the nation's top oil analysts says crude prices could triple within the next 24-months. But investors will feel more pain first.
Saudi Arabia is thinking about listing shares in its state-owned oil behemoth, Saudi Aramco, amid a global oil supply glut.
US oil and gas producers are getting squeezed. Maybe it's time for the government to pump some money into the industry, says John Kilduff
As oil prices fell toward an 11-year low Tuesday, experts debated what this means for the Texas and broader global economy.
BP and ConocoPhillips are shutting down productions at their oilfields in the North Sea due to violent weather.
Investors looking for upside that comes with risk-oriented energy plays can find similar returns in Chevron, Sam Margolin of Cowen said.
The recent leg lower in oil prices is no surprise, and the oil rout will get worse before it gets better, John Hofmeister says.
Oilman Harold Hamm says 2016 will be the year that oil markets recover. Here's when he thinks it will happen.
U.S. House Republicans plan to file a government funding bill on Tuesday night that will include a provision lifting the U.S. ban on crude oil exports.
Halliburton has been forced to delay for a second time its planned $26bn acquisition of rival Baker Hughes, the Financial Times reports.
Beyond the Paris climate talks, THIS crucial decision could jeopardize Obama's environmental legacy, says Sierra Weaver.
The projected declines in 2016 non-OPEC crude production will come from shale drillers, not oil majors, analysts tell CNBC.
Shell said on Thursday it was reviewing its business interests in New Zealand as it seeks to streamline its portfolio amid a slump in energy prices.