CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
CNBC's Jackie DeAngelis reports on oil's close, live from the floor of the NYMEX.
ConocoPhillips reports a wider-than-expected loss and lowers its planned capital expenditures for the year.
Royal Dutch Shell reported its lowest quarterly earnings in 11 years, missing the consensus estimate by more than $1-billion.
Crude oil prices will remain in the $45-$50-a-barrel range till mid-2017, with little to change the global supply and demand situation, Goldman Sachs said.
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.