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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders remain focused firmly on tomorrow's testimony from Fed Chairman Ben Bernanke. And expectations for this week's oil inventories.
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As OPEC ministers met in Vienna this week it became clear that the cartel is now divided between those wanting to raise output, like Saudi Arabia, and those wanting to hold it and keep prices high.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and the precious metals are likely headed tomorrow.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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CNBC's Sharon Epperson and Jeffrey Grossman, BRG Brokerage, discuss the impact of OPEC's contentious meeting and inability to make a decision to raise output.
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CNBC's Melissa Francis and Sharon Epperson have the details on crude spiking on news of no OPEC agreement.
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Investors may be wary of putting their money in the Middle East and the Arab peninsula given the political turmoil which has shaken the region in recent months, but it offers investment opportunities worth considering, one fund manager told CNBC.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where gold, oil and precious metals are likely headed tomorrow.
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CNBC Senior Energy Correspondent Sharon Epperson shared her notes from the NYMEX Tuesday on an interesting divergence between Brent crude and WTI, ahead of OPEC's Wednesday meeting.
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Could disappointing economic data spark the Fed to introduce QE3? Discussing the slowdown in the economy, with Eric Rosengren, Boston Fed President, and CNBC's Steve Liesman.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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With oil-producing countries in turmoil and crude gushing to triple digits, OPEC finds itself after 50 years at a critical crossroads. The group produces 40% of the world’s oil, but unrest and revolution in member countries has compromised output.
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Al-Qaeda's plans to recruit terrorists via a new English-language magazine have been disrupted by the British intelligence agency MI6, which replaced bomb-making instructions on the website with recipes for cupcakes, UK newspaper the Daily Telegraph reported on Friday.
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Société Générale structured a $1 billion bet on its own shares for Libya's sovereign wealth fund after the Jérôme Kerviel fraud, the Financial Times reports.
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OPEC is meeting in Vienna next Wednesday to discuss oil prices and supply. The cartel is considering raising crude supply for the first time since 2007, with Francisco Blanch, Bank of America, and Bhushan Bahree, IHS Cambridge Energy Research Associates.
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Saudi Arabia needs an oil price that allows it to meet its long-term fiscal targets while not incentivizing investment in new sources of energy, according to HSBC researchers.
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The state of emergency in Bahrain, a business hub scrambling to salvage its business-friendly brand, has now been lifted.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where gold, oil and precious metals are likely headed tomorrow.
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Goldman Sachs did not really negotiate with Libya’s sovereign investment fund to sell it an equity stake in the firm, according to a person familiar with the transactions.
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Saudi Arabia's labor market is in sharp focus today following a report of a new policy that could serve as an expat time-bar in the kingdom.
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The pledge that emerged from the G8 summit in Deauville sees international development banks supplying $20 billion in aid to Tunisia and Egypt for 2011-2013. That is in addition to bilateral support.