Oil and Gas


  • Stocks Stage Broad Rally As Dow Sees Triple-Digit Gains Wednesday, 16 May 2007 | 4:51 PM ET

    Stocks moved broadly higher and the Dow logged triple-digit gains as investors were encouraged by large investments revealed by several billionaire investors. "We're in a bull market without any question," said Ned Riley, CEO of Riley Asset Management. "You can't deny this market because there is so much money being invested."

  • Energy Data Fuels Profit-Taking Wednesday, 16 May 2007 | 2:08 PM ET

    Surprising energy data sent oil prices into negative territory Wednesday morning. Bruno Stanziale, a principal in commodities sales for Bank of America, provided his analysis on “Morning Call.”

  • Energy In Focus: "Morning Call" At The NYMEX Wednesday, 16 May 2007 | 1:23 PM ET
    High gas prices are posted at a Shell gas station in San Mateo, Calif., Tuesday, May 15, 2007. Most Americans are locked in to their driving habits, and can do little to alter them when prices rise, experts say. Indeed, demand for gasoline rose over the last month, even though prices were rising toward record highs. At the same time, refineries have experienced more downtime this spring than in years past, cutting the gasoline supply. The combination of low supplies and high demand is what's sen
  • Contest Stocks: Besides WINN, Most Are The Same Wednesday, 16 May 2007 | 12:30 PM ET

    Hey--here's our "stock report" for both the finals and Second Chance Showdown. As we said, WINN was the big winner--if you had it. Most active and widely held remain much the same from the non-final trades of past weeks. Here ya go..

  • Gasoline Prices Fueled by Graying Users, Rusty Refineries Wednesday, 16 May 2007 | 12:13 PM ET

    Are outages and maintenance issues causing our refineries to operate too inefficiently? James Halloran, energy analyst with National City’s private client group, appeared on “Morning Call” to discuss how refining capacity is affecting what you pay at the pump.

  • $4 Gasoline Good for U.S. -- But Not in Short Term Wednesday, 16 May 2007 | 12:07 PM ET

    Don't be angry if gasoline hits $4 per gallon -- high prices at the pump might be just what America needs, say two "Morning Call" guests. The question, though, is what the short-term impact will be to the U.S. economy. Chris Varvares, president of Macroeconomic Advisers, and David Lazarus, business columnist at the San Francisco Chronicle, joined CNBC's Michelle Caruso-Cabrera to share their insights.

  • Gas station in San Francisco.

    With the price at the pump hitting record highs, the head of the Energy Department's Energy Information Administration is set to brief lawmakers this morning on the gasoline outlook for the summer.

  • Contest Finals: Tang Tops List! Wednesday, 16 May 2007 | 10:03 AM ET

    Good morning all. We have some info for you. The first Million Dollar Finals leader is Donald Tang who gained $73K on Mindray Medical. He's closely followed by Serge Amelyan with the same Mindray Medical trade. However, Serge used his remaining cash to buy 2 shares of CMGI at $2.44, which fell -2.46% Tuesday-- resulting in the $0.12 difference between him and Donald, and costing him the tie for first.

  • Stop Trading! Tuesday, 15 May 2007 | 7:53 PM ET

    Limited Brands halted trading in its stock this afternoon, and Morgan Stanley initiated coverage on a few agricultural product companies. Cramer explains what it all means.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Dow Closes at Record High on Tame Inflation Data Tuesday, 15 May 2007 | 4:56 PM ET

    Stocks closed mixed for the second straight session but the Dow closed at a record high on tame inflation data. "Any time we get a number that shows less inflation and indicates interest rates may come down, that has a positive effect on the market," said Ted Weisberg, president of Seaport Securities.

  • Oil Settles Over $63 as Nigeria Troubles Grow Tuesday, 15 May 2007 | 4:12 PM ET

    U.S. oil rose more than 1% Tuesday as unrest in Nigeria cut off more supplies from the world's eighth largest crude exporter.

  • Energy Picks from a Top-Rated Fund Manager Tuesday, 15 May 2007 | 1:54 PM ET

    As gasoline prices climb, how can investors make money in the energy sector? In Tuesday’s “Best Trade Now” segment, Shawn Reynolds, top-rated fund manager with the Van Eck Global Hard Assets Fund, appeared on “Morning Call” to offer two energy names.

  • Oil Industry Stocks: Contest Winners? Tuesday, 15 May 2007 | 1:35 PM ET

    With gasoline prices going higher and higher--could oil be a sector for winning contest stocks? Here's a news report from CNBC that has one stock fund manager/analyst talking oil and gas. Now, he's not talking about the contest but about stocks in general. But the stocks he mentions--NFX and FTO are both up today. Again, these are not recommendations but some information to sift through.

  • Time to Pick And Choose Retail Stocks Tuesday, 15 May 2007 | 1:06 PM ET

    Dan Genter, president and chief investment officer at RNC Capital Management, told CNBC’s “Squawk on the Street” that investors should consider shares of retailers that sell home electronics and cater to younger consumers.

  • Suez More than Doubles Its Stake in Spain's Gas Natural Tuesday, 15 May 2007 | 11:19 AM ET

    Suez, the French power company planning to merge with Gaz de France, said Tuesday that it more than doubled its stake in Spanish rival Gas Natural.

  • Contest Finals: What We Can Tell You Now Tuesday, 15 May 2007 | 9:19 AM ET

    Good morning all. We are going to be a little short on information today, but rest assured we are working on getting what you need. We will not have individual results or rankings for the 20 finalists today in the Million Dollar Portfolio Challenge or the Second Chance contest, but we can tell you what stocks were the most popular today. Don't worry--we will have the individual results after the close of today's (Tuesday) trading.

  • Russia's Rosneft Reports Net Profits Fell 15% in 2006 Tuesday, 15 May 2007 | 7:17 AM ET

    Russia's biggest oil producer OAO Rosneft said Tuesday that its net profits fell by 15% in 2006, due to one-time gains the year before and higher taxes.

  • Gas Prices Hit a Record Tuesday, 15 May 2007 | 6:17 AM ET

    With the price at the pump hitting record highs, the head of the Energy Department's Energy Information Administration is set to brief lawmakers this morning on the gasoline outlook for the summer.

  • Stocks Close Mixed Ahead of Key Inflation Data Monday, 14 May 2007 | 4:44 PM ET

    Stocks ended mixed on Monday as the latest batch of merger news failed to spark excitement among investors ahead of the release of key economic data. "The market has somewhat become like Pavlov's dog, waiting for some blockbuster merger deals to be announced," said Robert Pavlik, chief investment officer at Oaktree Asset Management.

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