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Oil Prices Slide as Increase in Gasoline Stockpiles Offsets Crude Inventory Draw

Crude oil prices were falling on Thursday after a big increase in domestic fuel stockpiles offset a major decline in commercial crude inventories. U.S. benchmark West Texas...

Rejoice Oil Bulls, Goldman Sachs Also Believes OPEC

One week into OPEC's new lower oil output regime and the signs are positive that the cartel's members are delivering on promised cuts, according to Goldman Sachs,...

After a Meteoric Rise, Can Owning Chesapeake Stock Get Any Better?

Owners of Chesapeake Energy (CHK) stock have experienced a bumpy ride over the past year, as the company continues to restructure its debt amid one of...

Permian Oil Producers Keep Pumping; Baker Hughes Says Rigs Up 10th Straight Week

No surprises here: U.S. oil producers are bolstering production in the early innings of 2017 as OPEC begins its six-month long production cut -- a cut that...

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Hobbyist drone disruptions becoming problem in California wildfires

There have been at least two incidents of drones disrupting firefighting activities during the deadly Northern California wildfire disaster, the FAA said Monday. ...