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.
A leading contender to replace Naoto Kan as Japan’s prime minister has called for the country to phase out nuclear power over the next two decades, the FT reports.
High oil prices and concerns over the safety of nuclear power following the Fukushima crisis in Japan are reigniting interest in renewable energy, with wind power likely to be a major beneficiary, Tulsi Tanti, chairman of Suzlon Group, told CNBC.
Gazprom, the Russian gas monopoly, could take advantage of Greece's sovereign debt crisis to strengthen its leading position on European gas supply and counter attempts by the European Union to diversify its energy relationships.
NBC's Mike Taibbi reports on rising flood waters threatening nuclear plants in Nebraska, and Virginia McGathey, McGathey Commodities and Scott Shellady, ICAP US discusses how floods are impacting agricultural commodities prices.
Regulators are keeping an eye on two Nebraska nuclear plants as rising flood waters threaten to overtake them. Meanwhile, rising flood waters in North Dakota have residents bracing for the worst, with NBC's Janel Klein.
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.