SINGAPORE, Dec 9- U.S. crude oil steadied near $98 a barrel early on Monday, clinging to gains from last week when it scored its biggest weekly climb in five months after a drop in U.S. crude stockpiles and strong employment data. *U.S. crude for January delivery was up 5 cents at $97.70 a barrel by 0030 GMT.» Read More
Oil is caught between two worlds: a stronger dollar and geopolitical risk in Iran, reports CNBC's Sharon Epperson.
Insight on what would happen to oil and gas prices if the threatened conflict with Iran became a reality, with John Gerdes, Canaccord Genuity.
CNBC's Berta Coombs discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
CNBC's Bertha Coombs has the latest headlines from the NYMEX.
Major powers called on Iran to enter "serious dialogue" over its contested nuclear program "without pre-conditions", in a joint statement issued on Thursday following extensive deliberations in Vienna.
Oil saw a big jump today on a positive ADP number and optimism on Greece, with CNBC's Bertha Coombs.
A technical look at whether crude oil will continue to climb, with Mary Ann Bartels, Bank of America Merrill Lynch.
Insight on the future of crude oil's prices, with Helge Lund, StatoilHydro ASA, CEO, who discusses the company's future plans with CNBC's Sharon Epperson.
CNBC's Bertha Coombs has the weekly inventory data on crude oil.
A check on what the charts are telling investors, with Katie Stockton, MKM Partners.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets and what's driving oil. Today, concerns over Iran seemed to wane, which helped drive prices down.
As crude oil prices declined Tuesday, the “Fast Money” traders staked their positions within different sectors of the industry.
"There's nothing inevitable about it," one economist says about the widespread predictions about $5 gas. "To a large extent it depends on what happens in the Middle East."
TransCanada plans to move forward with a portion of the Keystone XL Pipeline, in hopes of boosting the flow of crude from Cushing, OK, to the U.S. Gulf coast, with Alexander J. Pourbaix, TransCanada president.
Discussing some short term plans to reduce oil and gas prices, with T. Boone Pickens, BP Capital Management founder/CEO, who says the U.S. has the cheapest energy in the world.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets as oil remains mostly unchanged, on continuing concerns over Iranian nuclear ambitions.
Fears are growing that rising gasoline prices could stifle economic recovery. Those rising gasoline prices are becoming a subject of hot political debate in a presidential election year. Geopolitics is behind the rising prices, most noticeably due to the increasing tensions over Iran’s nuclear program.
CNBC's Bertha Coombs has the latest trading action on crude oil from the NYMEX. Oil remains steady on continued Iran worries, even though Iraq is now producing the same amount of oil it was in 1979 -- 3 million barrels/day.
Widely followed commodities trader Dennis Gartman on Monday said he wasn’t concerned about an official slowdown in China.
"Of the last $20 in the Brent crude oil price rise, I would only attribute about $5 to Iran and 15 to liquidity and continued quantitative easing and just the fact that the supply of money continues to rise," Sabine Schels, senior director and global commodity strategist at BofA Merrill Lynch Global Research, told CNBC, because it is "dropping the value of money, relatively to the value of real asset," she explained.