CNBCThere's a 'last ugly chapter' for crude oil, and we haven't hit it yetCNBCOn Wednesday, oil futures were down more than 1 percent, following nearly 5 percent slide Tuesday, on worries that Britain's vote to leave the European Union …
Huge oil merger just made Statoil some serious competition in NorwayBusiness Insider NordicThe merger of BP's Norwegian E&P unit and Det norske oljeselskap will create Norway's largest independent oil producer. The combined company Aker BP will …
MarketWatchOil prices trade choppy , but set to gain over 3% for the weekMarketWatchOil prices rose earlier this week after the Energy Information Administration reported U.S. crude stocks fell 3.2 million barrels in the week ended June 3. While total volu …
CNBC$50 oil won't make US frackers turn on the tap: ExpertCNBCOil prices rebounded 98 percent from February's 12-year low of $26.05 to a 10 ½-month high of $51.67 reached on Thursday. The rally has stoked fears that U.S. drillers, desperate for rel …
Business InsiderHow Americans are spending all that extra money from lower oil pricesBusiness InsiderAs soon as oil prices plunged in 2014, economists argued that American consumers would win big. The thinking was that if folks were paying less money for g …
CNBCOil is not out of the woods yet: BNP Paribas commodities chiefCNBCRecent downgrades to global economic growth forecasts suggest the crude market is not out of the danger zone, Harry Tchilinguirian, global head of commodity markets strategy BNP Paribas, …
Financial TimesMalta turns back illegal Libya oil tankerFinancial TimesMalta has refused entry to an oil tanker loaded with 650,000 barrels of crude shipped by the government in eastern Libya in an export bid seen by diplomats and analysts as illegal and a …
CNBCCramer: This is what BP's quarter is telling other oil firmsCNBCBP's message to other oil companies in the first quarter was loud and clear, CNBC's Jim Cramer said Tuesday. "A lot of companies felt it was better to split up refining an …
Financial TimesVenezuela faces oil production disruptionFinancial TimesVenezuela's economic and political woes are set to curtail Opec member's oil production, adding to a growing list of supply disruptions that are helping to prop up global crude …
Sydney Morning HeraldAustralian dollar at 10-month highs as oil shock retreatsSydney Morning HeraldThe Australian dollar was trading around 10-month highs on Tuesday, as commodity currencies recovered sharply from Sunday's failure by oil exporters to a …