Trump administration puts expansion on hold after a federal judge shot down its attempt to overturn President Obama's Arctic drilling ban. » Read More
By: Jeff Daniels
Texas represented nearly 20% of all U.S. exports in the January-February period while California dipped to 11%. » Read More
The Druzhba pipeline can ship up to 1 million barrels per day (bpd), according to data sourced by Reuters — approximately 1% of global demand. » Read More
Saudi Arabia's energy minister said he saw no need to raise oil output immediately after the US ends waivers granted to buyers of Iranian crude. » Read More
The U.S. may be backing itself into a corner, the commodities watcher says.
Analysts at Barclays said Monday that approximately 20% of all the sea-borne crude and condensates passes through the Strait of Hormuz.
President Donald Trump's administration announced Monday that buyers of Iranian oil must stop purchases by May 1 or face sanctions.
Goldman Sachs expects the United States' decision to end exemptions from sanctions for countries still buying oil from Iran to have a limited impact on crude prices.
Crude prices popped after the Trump administration announced that it would no longer grant exemptions to U.S. sanctions on Iran, and experts say it could be good for stocks.
Halliburton called the bottom of a pricing downturn that has plagued oilfield services companies and surprised on expectations.
A black swan event could soon be surfacing in energy markets, industry experts have told CNBC.
Jim Cramer explains why more mergers in the energy and oil space could be in the works.
Oil prices have risen for six consecutive weeks, something that has happened only five times since 2010 and generally means a continued increase in oil prices and stocks.
The 2020 Democratic contender would sign an order placing a "total moratorium" on new federal oil and gas leases on her first day as president.
Merger talks between Occidental Petroleum and Anadarko Petroleum were ongoing when Chevron announced it would acquire Anadarko, sources say.
Crude oil prices won't climb higher unless they stay above the critical $60 level, says Louise Yamada of Yamada Technical Research.
There was another bid for Anadarko Petroleum aside from Chevron's $65 a share offer in cash and stock.
Chevron is acquiring oil and gas exploration and production company Anadarko Petroleum in deal valued at $33 billion.
Helium is well-known to the general public for its use in balloons, but it is also an important component of medical and aerospace technology.
Not everyone shared the same optimistic sentiments of safety that Iranian President felt after the deployment of a new warship into the Caspian Sea.