Oil fell more than 3 percent on Tuesday, with investors taking profits after Brent and U.S. crude soared over 8 percent in the previous session.» Read More
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude had a volatile day, as the EIA reported a slightly higher build than expected.
The recent rally in oil has forecasters tweaking their models to see what a sustained price recovery might look like.
OPEC insists it has not drafted a plan that contains a pessimistic price scenario and seeks production quotas.
In a monthly report released Tuesday, OPEC raised its 2015 global demand growth forecast to 1.18 million barrels per day.
The only languages that really count at this summer's OPEC meeting will be Arabic, Farsi, Kurdish and money.
A rally in the price of oil over the last couple of months has derailed a rebalancing of the commodity's price, Goldman Sachs warned.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. OPEC rebuffed the WSJ report saying prices would stay low. And fighting continued in Yemen.
With oil prices on the rise, is it safe to allocate money back into the sector? Kerry Craig, global market strategist at J.P. Morgan Asset Management, discusses.
U.S. oil prices closed up 2.5 percent at $60.75 a barrel as a weak dollar lifted commodities denominated in the currency.
OPEC may think that oil will stay under $100 a barrel for the next decade but two pros say this is what can push crude back to that level.
The new government of Alberta is worrying the oil industry with a plan to bring changes to the industry, especially with a royalty review.
Oil prices will remain below $100 a barrel until at least 2025, according to a draft report by OPEC, seen by The Wall Street Journal.
The chances of another sharp fall in the price of oil is rapidly receding, according to a notable European commodity analyst.
Louis Navellier's Squawk Box Platinum Portfolio is already up 27 percent this year. Here's his next move.
BHP Billiton, said it would slash its iron ore production cost further and cut spending to better withstand a downturn in commodity prices.
Castleton Commodities will buy Morgan Stanley's physical oil business, vaulting the merchant into the big leagues of global crude and fuel traders.
Apple has expanded its environmental initiatives in China in a bid to brush off past criticisms in one of its most lucrative markets.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was down on the day, as the dollar strengthened and a new OPEC report said the cartel was looking at prices under $100 for the long term.
Oil slipped on Monday as signs U.S. shale oil production was recovering after a recent price rally renewed concerns of a growing global supply glut.
Vandana Hari, Asia Editorial Director at Platts, says oil prices reversed last week's rally to slip in Monday's Asian trade, as fundamentals show no signs of change.