A shale gas drilling boom over the last decade has propelled the United States from energy importer to exporter, N.Y. Times reports. » Read More
The Iran nuclear deal is "on life support" and hanging on "by a thread" after President Trump refused to certify the accord, analysts warn. » Read More
One worker is missing and six are injured after an oil production platform operated by a New Orleans company exploded on Sunday, authorities said. » Read More
By: Sam Meredith
Intensifying tensions between Iraqi and Kurdish forces in the oil-rich region of Kirkuk could prompt a sustained rally in oil prices, an analyst told CNBC on Monday. » Read More
Iraq's national army was closing in on the city of Kirkuk, following last month's Kurdish vote for independence.
Russia has accounted for oil at $40 a barrel in its budget, finance minister Anton Siluanov said.
Trump's announcement of a new Iran strategy won't necessarily have an immediate impact on the oil market, but that could change, experts warned on Friday.
Oil prices are poised to crash to just $10 per barrel over the next six to eight years as alternative energy fuels continue to attract more and more investors, Chris Watling, chief executive of Longview Economics, told CNBC on Friday.
The Kurds have repeatedly called for negotiations following the referendum in which an overwhelming majority voted for independence.
Oil prices are unlikely to reach $60 per barrel anytime soon as hawkish forecasters continue to ignore the "elephant in the room", a senior economist told CNBC Wednesday.
The global outlook for oil markets in 2018 could crush hopes for higher prices, according to the latest monthly report from the IEA.
Indonesian Finance Minister Sri Mulyani Indrawati said the agreement with Freeport-McMoRan could be executed before 2018.
Nearly two-thirds of U.S. oil executives see crude oil prices remaining below $60 per barrel through 2018.
BNP Paribas CEO Jean-Laurent Bonnafe said his bank would support a sustainable-energy transition.
China will "compel" Saudi Arabia to trade oil in yuan and, when this happens, the rest of the oil market will follow suit and abandon the U.S. dollar as the world's reserve currency, a leading economist told CNBC on Monday.
OPEC General Secretary, Mohammed Barkindo, called on U.S. shale oil producers to help support plans to curb global oil supply on Tuesday.
Last month, he told CNBC crude oil could hit $55 a barrel.
Oil production slowed to a trickle in the Gulf of Mexico as energy firms turned off the taps in preparation for Hurricane Nate.
Nate's track takes it closer to offshore production unlike Harvey, whose impact was greatest on refining centers.
Jim Cramer dug up one big worry on his mind amid the market surging to new highs.
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