Riyadh is cutting its budget and promising to keep the crude flowing in 2016. Cheap oil looks like it’s here to stay.

Bargain oil prices have the potential to boost the U.S. economy next year.

Oil prices have plunged in 2015, but burgeoning global supplies could push them down further in 2016.

Brent and WTI crude benchmarks neared 11-year lows yesterday before mounting a tepid recovery.

Gas prices on both sides of the Atlantic are dropping, thanks to the oversupplied and decidedly bearish crude market.

While Brent crude dips below $40, OPEC continues to defy the market and increase production.

OPEC’s decision not to set a production ceiling raises questions about the cartel’s purpose.

Crude prices are hovering near their lowest levels since the financial crisis as analysts expect OPEC to stay the course and keep pumping at maximum capacity.

Riyadh said today it would be willing to coordinate production with non-OPEC producers, and the market (over)reacted.

Africa’s oil prospects look a lot dimmer today than they did when crude was trading above $110 per barrel.