Preliminary data from the American Petroleum Institute showed a surprise build in U.S. gasoline stocks.
OPEC crude oil production hit an eight-year peak in July, but may fall this month amid turmoil in major member countries, UBS said on Tuesday.
Russia is consulting with Saudi Arabia and other producers to achieve oil market stability, Energy Minister Alexander Novak said.
Saudi Arabia's top priority remains defending its market share despite signs oil producers will intervene to prop up prices, Dan Yergin says.
Saudi Arabia just made it much more likely that OPEC and other oil producers will take action if crude prices weaken.
S&P Global Platts' Sarah Cottle says Saudi Arabia's strategy remains to pursue market share over higher oil prices, and keep U.S. producers out.
IHS Energy Insight's Victor Shum explains that that OPEC's strategy is to continue holding market share and let the market determine oil prices.
Saudi Arabia is pumping record amounts of oil, and Iran is resuming production faster than expected – a sign neither may want an OPEC deal.
Just the whiff of a meeting has driven prices higher, squeezed shorts in the futures market — and made further OPEC inaction more likely.
Oil's recent dip back into the $30s per barrel may get OPEC to start talking seriously about joint action.
Here's why oil prices are dropping and won't recover anytime soon, says John Kilduff.
CNBC's Eamon Javers reports on the release of classified pages of 9/11 reports, in which it says some of the hijackers were in contact with and received support from individuals that may be connected to the Saudi government.
U.S. refiners could be helping set the stage for another day of reckoning for oil prices.
Riyadh's Energy Minister Khalid al-Falih believes oil prices should be somewhere between $50 per barrel to $100 per barrel.
Credit Suisse's David Hewitt explains how various Brexit scenarios might impact oil demand.
Helima Croft, RBC Capital Markets Global Head of Commodity Strategy, discusses Saudi Arabia as the U.S. surpasses it in oil reserves and the recent suicide attacks marking the end of the holy month of Ramadan.
The US now holds more reserves than other countries for the first time with recoverable oil totaling 264-billion barrels.
Suicide bombers struck three cities across Saudi Arabia, killing at least four security officers in an apparently coordinated campaign.
Oil prices rose following comments from the Saudi energy minister, but signs of slowing demand in Asia weighed.
A suicide bomber was killed and two other people wounded in a blast outside the U.S. consulate in Jeddah early on Monday, state TV said.