U.S. shale has put the country on the same terrain as Saudi Arabia and Russia. In the process, it may turn oil into a safe haven.» Read More
The role of Facebook in the Middle East revolutions is "overstated," says one prominent Jordanian businessman.
Massive instability in North Africa is terrible news for a fragile US recovery: Though just how terrible remains to be seen.
Oil prices have seen wild moves in recent days amid increasing violence in the Mideast, but the options market is telling us the roller-coaster ride may be over.
Forget Twitter and Facebook. Forget outspoken Google spacer Exec Wael Ghonim. If you want to know who should get credit for the sudden surge towards democracy in the Middle East, send a ‘Thank You’ note to Ben Bernanke.
If Saudi raised oil production to 9 million barrels per day, then they've chosen a good time to do it.
Libyans braced for mass protests Friday as the rebel movement called for a new push to oust Moammar Gaddafi after a day of fierce fighting in which rebels made new gains and advanced closer to his stronghold in Tripoli while pro-government forces attacked two nearby cities in battles that killed at least 17 people.
Protesters gather in the streets of Libya, as hospitals begin to fill up with injured and Libyan citizens pack up to leave the country.
Tweets, bleats and Al-Jazeera, and maybe new margin requirements were all part of the reason behind the big swing in oil prices Thursday.
The dollar's failure to rally in tandem with other safe-haven currencies has investors wondering if it's lost that special status.
Good King Abdullah of Saudi Arabia figures that $36 billion will buy off any potential unrest in his realm of Saudi Arabia. That's an expensive piece of cake he's dishing up.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets, and looks ahead to where oil, gold and silver are likely headed in light of events in Libya and the Middle East.
As oil prices touch fresh highs, an official from a trade group representing convenience stores said that consumers have appeared "more confident" in recent months.
As anger spreads throughout the Arab world, retired Gen. Wesley Clark said Saudi Arabia will be the last country to see an uprising.
While some worry skyrocketing oil prices will hurt the U.S. economy, the "Fast Money" traders are taking a different view.
In light of all that has happened in Libya over the last week, it seems fair to wonder how Libyan president Muammar Gaddafi has thus far avoided suffering the same fate as Hosni Mubarak, who was forced from power in neighboring Egypt earlier this month.
World leaders condemned Muammar Gaddafi's bloody crackdown on a revolt that has split Libya, but took little action to halt the bloodshed from the latest upheaval reshaping the Arab world.
The spread between Brent and NYMEX crude is currently around $15 a barrel and according to Jim Bianco, the president of Bianco Research, this is due to one pipeline pumping crude from Canada into Cushing near Oklahoma City.
Oil could hit $220 a barrel if "Libya and Algeria were to halt oil production together," analysts at Nomura investment bank predicted.
Libya produces less than 2 percent of the world’s oil, and exports little to the United States. But the high quality of its reserves magnifies its importance in world markets. The NYT reports.
Now that the much-anticipated pullback has arrived, traders are debating how low the skittish stock market can go. But one thing's for sure: It'll have a lot to do with oil.