OPEC published a stinging critique of oil-producing countries that refused to follow its lead in holding back supply in an effort to boost prices.» Read More
CNBC's Sharon Epperson discusses the day's activity in the commodities markets, and looks ahead to where oil and precious metals are likely headed tomorrow.
Oil prices are heading back towards the $80 - $100 a barrel sweet spot which will boost oil stocks and take pressure off the global economy, according to Jens Zimmermann, a senior equity analyst at ABN AMRO Private Banking in Zurich.
The world’s top oil exporter Saudi Arabia is “not comfortable” with high oil prices. Sure, higher oil prices put pressure on the global economic recovery.
Crude supplies are up over a million barrels, but the decline in gasoline is far more than analysts were expecting, reports CNBC's Sharon Epperson. Also, a look at the recent rise in oil prices, and the hunt for cheap oil, with Addison Armstrong, Tradition Energy, and CNBC's Simon Hobbs.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets, and looks ahead to where oil is headed, particularly in light of Goldman Sachs' recommendation that investors take profits.
Real estate developer Donald Trump blames President Obama for the rising price of oil, warning, "this country can never, ever recover" if oil prices continue to go up.
As crude oil hit new a new multi-year high on Thursday, closing above $110 a barrel, Exxon Mobil Chairman Rex Tillerson told CNBC natural has is the fastest-growing conventional fuel and that demand will 60 percent by 2030.
Greece has remained the world’s riskiest sovereign debt for the second quarter running in the first quarter of this year, according to a report by independent credit market data provider CMA.
Bahrainis and expats living in the Kingdom of Bahrain have been living history over the past month as the events in Tunisia and Egypt inspired the mostly Shia majority in Bahrain to take the streets demanding political, economic and social reform.
Middle East governments moving away from dictatorship must deliver quick wins through job creation to meet immediate hopes of street protesters but longer-term reforms need to ensure a more inclusive society, the head of the World Bank said on Wednesday.
Qatar hosts its first Business & Investment Forum in New York. The country is planning to invest over $35 billion outside of Qatar this year. Sheikh Hamad bin Jassim bin Jabr Al-Thani, Prime Minister and Minister of Foreign Affairs of Qatar sat down with Maria Bartiromo in a CNBC Exclusive.
Saudi Arabian policymakers will keep a careful eye on inflation in the coming months, following two massive infusions of stimulus money that they hope will support the Arab world's largest economy without driving domestic prices much higher.
Fresh reports of violent clashes and midnight raids taking place over the weekend did nothing to stifle a steady stream of traffic through Bahrain's financial district Monday, nor did the continued presence of foreign troops and tanks keep business from re-opening their doors.
Gold, oil and copper prices still have room to increase because of the current turmoil in the Middle East, weak economic data from the United States and strong demand from emerging markets, Michael Widmer, metals strategist at BofA Merrill Lynch Global Research told CNBC.
Reserves injected by the Bank of Japan and the European Central Bank are going to gold and equities, rather than being used for timber, steel and copper down the road. Dennis Gartman, The Gartman Letter, explains why it's happening.
Satyajit Das, the author of "Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives," is not one of the world’s great optimists. But what is clear from his work is that he understands risk.
The bulls are set to stampede down Wall Street, according to Bill Miller, chairman, chief investment officer & portfolio manager, Legg Mason Capital Management.
Armed security forces and light tanks were visible Tuesday in Bahrain's financial harbor as the local press ran headlines heralding the resumption of "business as usual" and displaced expats began to slowly trickle back to the island kingdom.
Saudi Arabia's plan to shell out some $90 billion as part of a state-backed economic aid package continued to buoy regional markets Monday, but it is too early to tell how much the spending package will do to assuage sectarian tensions in the country, market analysts told CNBC.
Here's what you should be watching Friday, March 18.