Oil prices reversed losses on Friday after Baker Hughes reported drillers took 26 rigs out of U.S. oilfields last week.» Read More
A rallying dollar punished oil on Tuesday, with Brent prices falling more than U.S. crude as players took profit on recent highs in the spread.
Here's why Senate Majority Leader Mitch McConnell's argument that new pollution rules are an "attack on the middle class" is wrong, says Terry Tamminen.
One of the Kremlin's most vocal critics, Bill Browder, believes Putin's ultimate downfall could come at the hands of the unfolding economic crisis.
The Futures Now team discusses the trade on oil.
Halftime's hottest trades today: 6 trades in 60 seconds.
A solar-powered plane took off from Dubai Monday, on the first leg its five-month record-breaking round-the-world flight.
Cushing, Oklahoma, is a sleepy town with 8,000 people. It's also the intense focus of every major player in the oil market right now.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI was slightly up but Brent was down.
Brent fell below $59 on Monday as a promising U.S. jobs report pushed the dollar up, offsetting geopolitical tensions and the threat of output cuts.
The average price of regular grade gas rose 21 cents in the past two weeks, bringing it to $2.54 per gallon, according to the Lundberg survey.
Oil prices will reverse their recent gains, with U.S. crude likely to drop as far as $40 a barrel, Goldman Sachs said.
Daniel Hynes, senior commodity strategist at ANZ, says oil prices will continue to see weakness due to an inventory buildup in the U.S. and a soft demand outlook.
Something's not quite right in the that rosy jobs report, says NYSE floor trader Kenny Polcari.
Brazil's Supreme Court will probe 34 politicians in connection with a multibillion-dollar kickback scheme at state-controlled oil company Petrobras.
A train carrying oil derailed in Ontario, the company that owns the train said Saturday, which sparked a fire but no casualties.
CNBC's Morgan Brennan reports it's been the second straight month of energy-related job declines.
Tyson Slocum, Public Citizens Energy Program, and Chris Faulkner, Breitling Energy CEO, discuss oil storage concerns. We're a long way away from being energy independent and as long as that's the case, we shouldn't be exporting U.S. produced crude oil, says Slocum.
CNBC's Jackie DeAngelis reports on CME's new oil storage contract set to launch March 29th.
Former Federal Reserve Chairman Alan Greenspan, weighs in on the impact of low energy prices on the economy and whether the euro is doomed.
Brent steadied near $60 on Friday as a stronger dollar balanced worries over the impact of fighting in Libya and Iraq on oil production.