People are getting nervous about what's going to happen to oil in the second half of the year, reports CNBC's Jackie DeAngelis.
The World Bank ups its outlook on crude oil prices this year, but predicts a slow recovery.
U.S. authorities have left PetroSaudi grappling with questions over its dealings with scandal-racked 1MDB, the Malaysian state wealth fund.
Norwegian energy giant Statoil posted a slump in second-quarter earnings on Wednesday, as low oil prices continued to weigh on the industry.
Statoil CEO, Eldar Sætre, says the oil giant continues to feel confident about its financial situation with a very strong balance sheet.
Statoil CEO, Eldar Sætre talks about the oil giant’s latest earnings release, in light of the persistent low oil price environment.
The oil industry has an oversupply issue that won't be balancing out soon, Again Capital's John Kilduff says.
CNBC's Courtney Reagan discusses the day's activity in the commodities markets.
Oil prices are heading lower in a shakeout that could continue into the fall.
As oil drops for the fourth straight day, should investors accept that $40 to $45 is the new normal? Kent Moors, Energy Capital Research Group, and John Kilduff, Again Capital, discuss.