OPEC kingpin Saudi Arabia is struggling to convince some of the world's largest oil producers over the need to increase oil output ahead of a key meeting on Friday. » Read More
By: Natasha Turak
India is the world's third-largest oil consumer, and sources about 86 percent of its crude oil and 75 percent of its natural gas from OPEC countries. » Read More
By: Sam Meredith
President Donald Trump's attempt to politicize the oil market should be castigated by OPEC, according to Iran's energy minister. » Read More
By: Elizabeth Gurdus
Jim Cramer says there are a lot of things that scare him about a U.S.-China trade war, but selling its position in U.S. Treasurys isn’t one of them. » Read More
Jim Cramer sits down with Carrizo Oil & Gas President and CEO Chip Johnson for an update on key U.S. oil markets.
OPEC kingpin Saudi Arabia appears to have altered its approach to oil production in the wake of repeated Twitter attacks from President Donald Trump, RBC's Helima Croft told CNBC.
China has emerged as the biggest Asian market for U.S. crude, but Beijing's tariffs could halt the purchases by making American oil too expensive.
Since the U.S. lifted long-standing sanctions on Sudan last October, foreign investors' interest has started to trickle in, an expert on the region has told CNBC.
Goldman Sachs still expects the price of oil to climb back above $80 a barrel over the coming months, despite growing concerns over higher OPEC crude production.
The world's top oil producers are set to meet at the end of this week and markets are paying close attention.
SandRidge Energy said on Friday it had been approached by 17 potential bidders for a buyout.
Permian output from Texas and New Mexico will more than double between 2017 and 2023, jumping to 5.4 million barrels a day, IHS Markit forecasts.
The International Energy Agency (IEA) believes a recent spike in the oil price could soon start to ease, helping to alleviate concerns that surging prices could hurt demand and global economic growth.
Exxon Mobil is pushing deeper into energy trading, building a global cadre of experienced traders and beefing up risk-management systems to lift profit.
The average price of regular-grade gasoline in the U.S. has remained relatively steady for the past three weeks with a national average of $3.01 per gallon.
The FCA's proposal is aimed at attracting state-controlled firms like Saudi Aramco to list in London.
A team of scientists has discovered a cheap, new way to extract carbon dioxide from the atmosphere — which could arm humanity with a new tool in the fight against climate change.
Before President Donald Trump withdrew from the Iran nuclear deal, one of his senior officials phoned Saudi Arabia to ask to keep prices stable if the decision disrupted supply
The forthcoming meeting between OPEC and non-OPEC oil producers like Russia could be one of the most fractious in recent years with competing interests and demands at play, according to oil market experts.
The NYMEX oil price has pulled back sharply, but the chart suggests it's not a change of the overall uptrend, according to Daryl Guppy.