Oil

Oil futures wavered between gains and losses Friday, with volatility expected ahead of an OPEC meeting later this month.

Oil futures wavered between gains and losses Friday, with volatility expected ahead of an OPEC meeting later this month.

An unscheduled meeting between two global oil influencers is raising eyebrows.

An unscheduled meeting between two global oil influencers is raising eyebrows.

BP Plc plans to cut between 50 and 80 salaried positions at the company's 413,500-barrel-per-day refinery in Whiting, Indiana, a company spokesman said on Wednesday.

BP Plc plans to cut between 50 and 80 salaried positions at the company's 413,500-barrel-per-day refinery in Whiting, Indiana, a company spokesman said on Wednesday.

Oil prices jumped 6 percent on Tuesday, with U.S. crude notching its biggest daily percentage gain in seven months, on renewed expectations that OPEC will agree later this month to reduce a global supply glut.

Oil prices jumped 6 percent on Tuesday, with U.S. crude notching its biggest daily percentage gain in seven months, on renewed expectations that OPEC will agree later this month to reduce a global supply glut.

Rising oil prices helped support European markets and U.S. stock futures on Tuesday, leaving the Dow Jones Industrial Average narrowly on track to surpass its record high.

Rising oil prices helped support European markets and U.S. stock futures on Tuesday, leaving the Dow Jones Industrial Average narrowly on track to surpass its record high.

President-elect Trump has been exuberant on saving the coal industry but can he deliver?

President-elect Trump has been exuberant on saving the coal industry but can he deliver?

Oil prices were under pressure again Monday, with the brief stability in global markets that followed the U.S. presidential election replaced by the prior narrative of supply and demand worries.

Oil prices tumbled more than 3 percent on Friday after OPEC said October output reached another record, casting doubt on whether its plan to limit production is achievable or enough to ease persisting oversupply in the market.

Oil prices tumbled more than 3 percent on Friday after OPEC said October output reached another record, casting doubt on whether its plan to limit production is achievable or enough to ease persisting oversupply in the market.

The Organization of the Petroleum Exporting Countries pumped more crude oil last month even as the group geared up to complete a plan to cut output at its meeting at the end of this month in an effort to stabilize oil prices.

The Organization of the Petroleum Exporting Countries pumped more crude oil last month even as the group geared up to complete a plan to cut output at its meeting at the end of this month in an effort to stabilize oil prices.

Oil prices dipped on Friday as the market refocused on a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their output.

Oil prices dipped on Friday as the market refocused on a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their output.

Oil prices steadied on Thursday as markets recovered from their initial shock at U.S. President-elect Donald Trump's surprise victory, but investors were cautious ahead of a key OPEC meeting to decide on production.