Oil

Judge Approves Interim $90 Million SunEdison Lifeline

SunEdison Inc., the solar-power giant that filed for bankruptcy Thursday in a dramatic reversal of fortunes, won court permission Friday to tap part of a $300 million bankruptcy lifeline from its existing lenders.

U.S. Crude Sees Third-Straight Week of Gains

Oil prices rose on Friday and notched their third straight week of gains as market sentiment turned more upbeat amid signs a persistent global supply glut may be easing.

Bart Chilton: Let's Get Over OPEC

Opinion: The sands are shifting as recent ‘Doha days’ have exemplified, OPEC is not as powerful as back in the day. It’s time to refocus our attention on U.S. energy independence.

Oil Rises as Kuwaiti Oil Workers Strike Cuts Output

Oil prices rose on Tuesday as an oil workers strike in Kuwait nearly halved crude production from the OPEC member, overshadowing bearish sentiment following Sunday's failure by oil producers to agree to freeze output levels.

What the Break Down in Talks at Doha Means for Oil

A meeting among some of the world's biggest oil producers failed to end with an agreement to freeze production, as many analysts expected. Yet, oil prices saw only moderate declines Monday. What gives?