Kicking a production freeze deal down the road was probably the best oil bulls could hope, strategists told CNBC.
CNBC's Hadley Gamble discusses the latest lines to come out of this week's oil producer meeting in Algiers.
CNBC's Hadley Gamble reports from Algiers on the prospects of a supply deal and speaks to Nigeria's oil minister Emmanuel Ibe Kachikwu.
Peter Berg, director of new film Deepwater Horizon, explains the hardest part about making his new film.
Jim McCaughan, CEO of Principal Global Investors, says there is downward pressure on oil prices as any OPEC deal is likely to fall apart.
Longstanding tensions between rivals Saudi Arabia and Iran will hold OPEC back from an oil production freeze as the oil group meets in Algeria, analysts said.
The OPEC meeting in Algeria may not have resulted in a resolution as of Tuesday, but at least one person is optimistic.
The slump in energy prices means oil-producing countries face a “clear need” to diversify their economies and improve competitiveness, WEF says.
Kent Moors, Energy Capital Research Group, shares his forecast on oil following the API oil inventory data release of its unexpected drawdown.
Rice Energy shares slid by more than 7 percent on morning trade Tuesday after the oil and gas producer announced it will buy Vantage Energy for about $2.7 billion, including debt.