Oil prices

U.S. stock futures and Asian shares fell Friday after the president said he and first lady Melania Trump had tested positive.

Oil prices are still far below the break-even point for many producers in the Middle East.

Oil has risen to roughly $40 a barrel after plummeting in April. With prices holding steady, big oil companies are likely to pounce on smaller ones.

Oil's recovery will depend on how the pandemic plays out, and whether there will be a second wave of illness.

Low crude oil prices have already achieved what regulators were seeking: to cut state production.

Midland, Texas, is ground zero for oil and gas production in the U.S., and much of the local economy, in some way or another, is tied to the industry. When West Texas Intermediate went negative for the first time ever on Monday, everybody in Midland felt it — on top of the coronavirus. This morning […]

At this point, oil is like that broken-down car you pay to have towed off to the junkyard.

If you're a consumer stuck in lockdown, you may not benefit from lower prices.

Demand for oil is falling so quickly that even a reduction in supply will take some time to affect markets.

Swooning demand means there's a lot of oil being produced but not consumed. That's making storage prices soar.