The UAE and Saudi Arabia big drivers for the InterContinental Hotels Group, the world's largest hotel by number of rooms. Richard Solomons, the firm's CEO, discusses the drivers of regional demand, and why Africa is not on his priority list.» Read More
Reports from Saudi Arabia indicate that police have opened fire on protestors at a rally in the eastern city of Qatif.
Libya’s central bank has ordered banks to recirculate old currency in the first sign that the oil-rich north African state is facing liquidity problems amid international efforts to freeze the regime’s assets, reports the Financial Times.
Wealthy Saudi investor Prince Alwaleed bin Talal expressed confidence in Citigroup's earnings potential and also called for the bank to issue a dividend to shareholders.
Oil prices are finally retreating from two-and-half year highs but the market is bracing for more volatility as anti-government protests threaten to spread beyond the borders of Libya towards the world's top exporter Saudi Arabia.
Discussing who is right in Libya and whether a Gaddafi comeback would be bad for oil, with Michael Levi, Fellow for Science and Technology, Council on Foreign Relations and Helima Croft, Barclay's geopolitical analyst.
Sharing his thoughts on how much of the $20 jump in oil prices is due to speculation or is just companies "pricing in risk," with Rex Tillerson, ExxonMobil chairman/CEO
Things have gotten chilly here for Natural Selection, the film production company backed by Col. Muammar el-Gaddafi’s son Saadi, the New York Times reports.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets, including oil's wild ride and OPEC's announcement they're considering releasing more oil.
The recent surge in oil prices is not supported by fundamentals, according to the Saudi Oil Minister. Insight on who these oil speculators are and where oil would be trading without them, with Sean Cota, New England Fuel Institute president.
The Bahrainian royal family is plenty worried about the unrest in their country. The Saudis are concerned about unrest, Gaddafi is a wild card and the Chinese have big plans.
Terrorism and not the "day of rage" protests planned Friday pose the biggest risk to Saudi Arabia's ability to keep the world supplied with oil, according to Barclays Capital commodities analyst Amrita Sen.
Video from the front line, Libyan refugee camps, the border, and the evacuation of foreign nationals at the airport, most of whom are from Bangladesh, Vietnam and Ghana.
The escalation in fighting in Libya is increasing fears of a civil war and with signs of politicall unrest spreading throughout the Middle East and North African nations the price of crude continues to climb.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets, including another spike in oil prices on continuing unrest in the Middle East. Precious metals also soared today, as investors looked for protection in hard assets.
Insight on whether the world's fastest growing economies will keep on feeling pressure. Brian Stutland, Stutland Equities, discusses how heavily rising commodities prices have weighed on emerging markets.
Big economic-growth stats are trumping oil prices and the Mideast tinderbox. In optimistic trading on Thursday, stocks soared nearly 200 Dow points. Oil barely fell to just under $102 a barrel. Know what? The market may be shouting out that the recent oil spike is not going to derail economic recovery.
Reports say Libya's Ghaddafi is considering an offer from Venezuela's Chavez to broker a peace agreement, with Jed Babbin, former Deputy Undersecretary of Defense (1st Bush Administration).
With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on a daily basis.
Oil markets remain rattled by violence in Libya and the Middle East tonight. John Kilduff, Again Capital and Peter Beutel, Cameron Hanover, weigh in.
CNBC's Sharon Epperson discusses the day's commodities news. Crude closes above $100/barrel as fears in the Middle East grow and Libyan bombers strike a key oil port town critical to oil exports.