NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
The oil company is cutting spending by 25% as the virus pandemic and low demand sink oil prices.
The surgical equipment company pulled its financial forecasts because of a sharp decline in elective medical …

Former Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic decrease in demand worldwide caused by the coronavirus outbreak and a steep decline in prices.
"Our capacity is full. The Saudis are flooding this market with cheap oil," Perry told Fox News …

President Trump is slated to meet Friday with top executives of large oil companies to discuss potential ways to help the sector that's facing strong …

For Interior Secretary David Bernhardt and EPA Administrator Andrew Wheeler, the novel coronavirus outbreak has emerged at an opportune time. After many false starts and embarrassing court defeats, the administration has moved on from its efforts to put off regulatory deadlines or not enforce …

WASHINGTON (Reuters) - U.S. President Donald Trump has invited oil executives to the White House to discuss potential aid for the industry, which has …

President Trump is set to meet with oil executives to discuss government aid to the industry, a media report says. One issue for discussion will be …

President Donald Trump reportedly plans to meet with top oil executives Friday, while Saudi Arabia ignores his pleas, as crashing oil prices forced …

CASPER, Wyo. (AP) — Wyoming regulators have voted to suspend a tax for six months to help oil and gas companies weather hard times in their …

FILE PHOTO: U.S. President Donald Trump hosts a meeting of the coronavirus task force with pharmaceutical executives to discuss developing a coronavirus vaccine in the Cabinet Room of the White House in Washington, U.S., March 2, 2020. REUTERS/Leah Millis/File Photo
WASHINGTON (Reuters) - U.S. …

WASHINGTON/MOSCOW (Reuters) - Russian President Vladimir Putin called on Wednesday for global oil producers and consumers to address “challenging” oil markets while U.S. President Donald Trump complained that oil cheaper “than water” was hurting the industry.
FILE PHOTO: U.S. Secretary of Energy Dan …

Cheniere Energy (LNG -3.8%) has completed the ~$1B Midship natural gas pipeline in Oklahoma and is seeking permission from the Federal Energy …

(Reuters) - Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil prices that are expected to bite into record U.S. output.
FILE PHOTO: A trader waits for the opening of Whiting Petroleum's stock at …

The near-term fate of the oil industry is in the hands of a very few players—most important, the ruling family of Saudi Arabia. Its decision to move …

"Well and see to many cars on the road these days and that is impacted of course the energy sector oil prices have absolutely tanked recently in fact …

In normal times, an N95 face mask would cost a big corporation a buck or less — particularly if it ordered a million of them.
But these aren’t normal …

David Trainer of investment research firm New Constructs says the dividends at a number of companies are in jeopardy amid coronavirus-related …

The latest figures from the government on national job losses will be released on Friday. It will take another two weeks before state level numbers …

WLLhas become the first oil and gas sector casualty of the current slump in crude demand in the wake of the coronavirus or Covid-19 global pandemic, and the crude price war between producers triggered by Saudi Arabia and Russia.
Early on Wednesday (April 1), Denver, Colorado, U.S.–headquartered …

Price of oil headed to single-digits: The Schork Report publisher
U.S. oil inventories ballooned last week as the COVID-19 pandemic crushed demand.
West Texas Intermediate crude oil touched a session low of $19.90 a barrel, down 2.8 percent, in the moments following the release.
Crude oil stockpiles …

Cramer noted that the industry remains key to the economy given the number of people it employs both directly and indirectly. "This is something that …

An earlier version of this report had a mistake regarding the savings to be achieved once severance and reorganization costs are included. It has …

Two bear markets are simultaneously, destroying value on the TSX Index. COVID-19 and the oil price crash have led to the most pronounced bear market …

India will join the select league of nations using petrol and diesel containing just 10 parts per million of sulphur as it looks to cut vehicular …

New York (CNN Business) — The world's thirst for oil has evaporated.
Highways are empty. Planes are grounded. Factories are dark. The unprecedented collapse in oil demand has sent crude crashing to 18-year lows.
Supply, on the other hand, remains largely resilient amid a price war between Saudi …

Does the difference between the oil-tracking ETF’s price and its underlying value spell opportunity?
United States Oil Fund (NYSEMKT:USO) purchases …

Howard Hughes Corp., struggling along with other businesses during the COVID-19 pandemic, has pared its workforce, shut down construction projects …

This year’s dramatic crash in oil prices will probably be blamed by many energy companies for their ultimate demise. But the first wave of U.S. shale …

The last major oil-sands mine to start operating in northern Alberta could be Canada’s first big casualty of the Saudi-Russian price war and the …

The plunging demand for oil wrought by the coronavirus pandemic combined with a savage price war has left the fossil fuel industry broken and in survival mode, according to analysts. It faces the gravest challenge in its 100-year history, they say, one that will permanently alter the industry. With …

The world's third-largest island is full of life: Orangutans swing from branches, pygmy elephants roam the land, and exploding ants creep along the …