CNBC’s senior markets commentator Michael Santoli, and Burns McKinney, Allianz Global Investors share their advice on what investors should focus on in this type of market.
The average price of gasoline has jumped by 9 cents over the past two weeks to $2.27 a gallon for regular grade.
CNBC's Hadley Gamble reports on Saudi Arabia's decision to replace oil minister Ali al-Naimi.
Gareth Lewis-Davies, senior oil strategist at BNP Paribas, says Saudi Arabia has to evolve to become less dependent, and the latest reshuffle is part of this evolution.
CNBC's Bob Pisani looks ahead at the day's market action as stocks edge higher.
Francois Savary, CIO of Prime Partners S.A., says his company had doubts about the oil market and invested in currencies in order to play oil prices.
Bill Smead, CEO and CIO of Smead Capital Management, talks about the oil market and the U.S. economy.
The U.S. Department of Energy has announced as much as $90 million in funding for biofuels projects.
CNBC's Hadley Gamble discusses reports that the Saudi Arabian oil company is planning to list in London, Hong Kong and New York.
Saudi Arabia's decision to replace its oil minister is being viewed as a way for Deputy Crown Prince Mohammed bin Salman to consolidate power.
Crystol Energy's founder and director, Carole Nakhle gives her take on Saudi Arabia's oil minister change.
CNBC's Hadley Gamble reports on the reorganization of Saudi Arabia's government, including the appointment of Khalid Al-Falih as the new oil boss.
It's in Saudi's long-term interest to have low oil prices now to limit the move to alternative fuels, says Taurus Wealth Advisors ED, Rainer Michael Preiss.
Don't expect Saudi Arabia's new oil boss to bring big change to OPEC's June meeting, analysts said, after it replaced its long-serving minister.
Viktor Shvets, head of Asian strategy at Macquarie Securities Group, explains why he doesn't believe agencies or countries should intervene in markets.
Saudi Arabia will still be pumping as much oil as it can, says Bank of Singapore's chief economist, Richard Jerram.
Canada is losing a million barrels per day from the ongoing wildfires in the province of Alberta, warns Matt Smith of analysis provider ClipperData.
Aramco Chairman Khalid Al-Falih is expected to let the market determine oil prices when he assumes his new role at the energy ministry, says Dan Yergin, vice chairman of IHS.
Changes to Saudi Arabia's oil ministry are notable but not surprising given the country's strategic decision to move away from an energy-dominated economy, explains Emily Hawthorne, Middle East analyst at Stratfor.
Saudi Arabia's new energy minister said the world's largest crude exporter is committed to meeting demand for hydrocarbons from its customers.
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