OPEC

The price per barrel has dropped by 70 percent since mid-2014, and analysts warn the slide could continue.

Venezuela predicted oil prices could crash in the next few weeks if producers failed to resume dialogue as the specter of oversupply loomed.

A walkout has slashed the country's oil output by more than half, offsetting worries about a scuttled plan by major oil producers to freeze production.

Investors also will be looking at the European Central Bank for its next move on its bond-buying program.

Meanwhile, Saudi Arabia won’t freeze production unless other leading producers do, a Saudi oil official said.

Asian stocks surged Thursday while European stock markets opened lower as investors tracked a dip in crude oil prices.

Global oil prices rallied after a report that top producers Russia and Saudi Arabia agreed to freeze output ahead of a much-anticipated meeting.

A severe drought, coupled with what critics say is a lack of investment and maintenance in energy infrastructure, has hit the South American nation.

Slowing economic growth has not diminished China’s appetite for oil. The country imported about 8 million barrels a day in February, a record daily average.

The price of crude fell about 3 percent Monday on fears that a six-week market recovery has gone beyond fundamentals as stockpiles continue to build.

Despite the global oversupply, Iran has accelerated production as it seeks to recover the output it lost under Western sanctions.

The global cartel is privately considering a new oil price equilibrium of $50 a barrel, according to one of the industry’s leading prognosticators.

The yen held at around 113 to the U.S. dollar Thursday after a big gain Wednesday.

Taiwan's Foxconn said a plan to buy Sharp wasn't final, contradicting an announcement by the Osaka company.

Falling oil prices used to juice consumer spending, but the emergence of a massive oil sector in the U.S. has scrambled that once-reliable calculation.

Ali Al-Naimi struck a conciliatory tone at a Houston oil conference Tuesday, saying Saudi Arabia has not declared “war” on U.S. shale oil producers.

Tehran’s top oil official Tuesday rejected a proposal by Saudi Arabia and Russia to freeze crude oil production and boost prices.

But Iran's Oil Minister Bijan Zanganeh stopped short of offering to restrain the nation's oil output as part of a global pact to freeze production.

The country said it was illogical for it to freeze its crude production, as Russia, Saudi Arabia, Venezuela and Qatar agreed to do.

Investors snapped up beaten-down stocks Tuesday as oil prices stabilized after producers inked an output agreement.

A conditional agreement among Saudi Arabia, Russia, Venezuela and Qatar at a Doha meeting dashed expectations of a production cut, leading to a fall in crude prices.