Oil

Norway signaled it may cut its economic forecast for next year as a slump in oil prices threatens growth in western Europe’s biggest crude

Brent crude traded near $70 a barrel, erasing earlier gains as traders evaluated the impact of OPEC’s decision to maintain output at last week’s meeting.

China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles

Brent crude steadied after OPEC triggered the biggest one-day plunge in three years yesterday by failing to cut its output in response to a glut. Oil in New

Brent and West Texas Intermediate crudes fell to the lowest in more than four years amid speculation that OPEC will refrain from cutting production limits at

The last time that U.S. oil drillers got caught up in a price war orchestrated by Saudi Arabia, it ended badly for the

Societe Generale SA cut its U.K. natural gas price forecasts by as much as 7.3 percent as crude slumped into a bear market, helping reduce the cost of supplies

Gunvor Group Ltd. is looking to Asia for the next leg of its expansion as the company loosens the Russian ties that made it the world’s fifth-biggest oil

West Texas Intermediate crude fell for a second day as investors weighed the likelihood of a production cut by OPEC when the group meets next week amid signs

Nils Smedegaard Andersen, the chief executive officer of A.P. Moeller-Maersk A/S, says today’s oil price isn’t a problem for companies with the scope to

“The global energy system is in danger of falling short of the hopes and expectations placed upon

By Lionel Laurent and Blaise Robinson LONDON/PARIS, Nov 9 (Reuters) – Belt-tightening by big energy majors faced with plunging oil prices is battering

Saudi Arabian Oil Co. lowered the cost of its crude to the U.S., where production is the highest in three decades, deepening a selloff that sent prices to the

Everyone in the oil market should stop panicking because crude supply and demand will return to equilibrium, OPEC’s Secretary-General

High-cost energy projects globally will struggle to stay profitable if crude oil prices stay around $80 a barrel to $85 a barrel and some proposed developments

How far do oil prices need to fall to curb the investment in shale production and stem the destruction of

Despite falling oil prices, traders in recent weeks have booked just a few tankers to store cargoes at sea as higher freight costs outweigh any profit play for

West Texas Intermediate extended its rout from the lowest price in 22 months amid speculation that rising U.S. stockpiles are exacerbating a global glut

In the oil drilling and refining heartland of Texas, the debate over U.S. crude exports is no longer a fight over whether a 40-year ban should be lifted. The

To capitalize on a flood of domestic and Canadian crude into the U.S. Gulf Coast, logistics giant Kinder Morgan Energy Partners is spending more than $1.5