The S&P energy sector trades roughly in line with the index a month after OPEC rolls over policy, but a few stocks outperform. » Read More
European bourses closed lower on Friday as losses in energy companies weighed down major bourses. » Read More
By: Huileng Tan
There may still be upside for crude oil prices even if the market appears to be let down by an OPEC production cut extension, analysts said Friday. » Read More
By: Michelle Fox
Oil prices dropped after OPEC announced it was extending production cuts, but Helima Croft sees higher prices ahead. » Read More
OPEC announced it would extend cuts in oil output by nine months to March 2018 on Thursday, OPEC delegates said according to a Reuters report.
Traders pushed oil prices higher on Thursday morning ahead of a widely anticipated extension of the OPEC-led production cut agreement.
European markets ended lower Thursday as a sharp fall in oil prices weighed on sentiment, following news out of an OPEC meeting.
All eyes are on OPEC ahead of a highly-anticipated meeting later in the day, but the big downside risk comes from China, an analyst said.
President Trump's proposal to sell half of America's emergency oil stock seems "opportunistic", according to the CEO of Vedanta Resources.
The new White House budget proposes ending an oil and gas revenue-sharing program with the four states.
Market watchers are keeping a keen eye on Vienna this week as the Organization of the Petroleum Exporting Countries meet.
President Donald Trump's proposal to sell half of the U.S. Strategic Petroleum Reserves (SPR) will likely have little impact on OPEC's efforts to reduce a global oil glut, Goldman Sachs said on Tuesday.
Exxon has been battling subpoenas from NY Attorney General Eric Schneiderman, who is probing the company for fraud in its public statements about climate change.
There are risks for a renewed surplus next year in crude oil markets, Goldman Sachs analysts wrote in a report published on Monday.
Iraq could thwart Saudi Arabia's and Iran's wish to extend the oil production cut by a further nine months, says RBC's Helima Croft.
Chaotic trade in Chinese commodity futures is offering new opportunities for international exchanges that are trying to get raw material traders to manage their risks.
National oil giant Saudi Aramco expects to sign $50 billion of deals with U.S. companies on Saturday, CEO Amin Nasser said on Saturday.
ISS urged investors to reject Exxon Mobil's executive compensation plan, saying it is out of step with market standards and lacks clarity.
It's uncertain whether more American LNG will flow to China after a trade agreement, but the deal may still upend the market.
The Trump administration's call for a review of NAFTA took a more measured tone than the president's harsh campaign rhetoric.
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