Lack of supply and strong demand should send uranium prices higher, two analysts told CNBC. Here's how they'd play it.» Read More
Earl Hesterberg, Group 1 Automotive CEO, says strong car sales continued in December and that lower gasoline prices increase disposable income for consumers.
Concerns about oil's slide shaking up the job or stock markets are overblown, Elevation Partners co-founder Roger McNamee says.
John White, Roth Capital Partners, says over-supply is a main driver of lower oil prices and predicts oil will move higher to $75 per barrel in 2015.
CNBC's Jackie DeAngelis dissects oil's downward momentum.
U.S crude crashed below $50 a barrel while benchmark Brent crude tumbled under $53 after data showed Russian oil output at post-Soviet era highs and Iraqi oil exports at near 35- year peaks. Top crude exporter Saudi Arabia has made deep cuts to its monthly oil prices for European buyers, a move that analysts said reflects the kingdom's deepening defence of...
Wall Street is getting more bearish on the outlook for oil prices and some strategists see the market many months away from finding a floor.
Roger McNamee, Elevation Partners co-founder, weighs the impact of the collapse of energy stocks, his economic forecast.
Lifting sanctions imposed on Russia as soon as this month or the next would be "premature" but they will eventually be lifted, says Martina Bozadzhieva, head of research for EMEA at Frontier Strategy Group.
*ConocoPhillips sees 1st oil at a Norwegian North Sea project. NEW YORK, Jan 5- The selloff in global oil markets showed little signs of slowing in the new year with U.S. crude breaking below $50 a barrel, the first time since April 2009, on fears of a supply glut. U.S. driller ConocoPhillips added to the bearish sentiment somewhat, announcing it had struck first oil at a...
After the steep fall, oil prices will bounce back to about $70 per barrel, according to an industry expert.
Jan 5- The selloff in oil continued with little pause into the new year with U.S. crude futures tumbling below $50 a barrel on Monday for the first time since April 2009 on fears of a global supply glut. U.S. crude's front-month contract fell to $49.95, down 5 percent from Friday's close, before recovering to $50.20 by 11:36 a.m. ET. Benchmark Brent crude was down more...
Oil has fallen below $50 for the first time since April of 2009, reports CNBC's Jackie DeAngelis.
CRUDE OIL NEARS $50 A BARREL, LAST TIME BELOW $50 WAS IN APRIL 2009.
A slide in oil prices are sending energy shares to new lows, and U.S. stocks are in the red. Jim Lacamp, UBS Wealth Management, thinks the U.S. can withstand a global slowdown better than most think.
CNBC's Rick Santelli speaks to James Bloodworth of "Left Foot Forward" blog, about the impact of fracking on oil and gas prices and the road to getting progressives to embrace fracking.
Chad Mabry, MLV Energy senior analyst, discusses where the smart money is moving in the energy sector.
CNBC's Jackie DeAngelis provides insight to sliding oil prices, and what catalysts could shift the supply and demand picture.
Oil has hit a five and half year low. Discussing what's driving commodity prices, with Brian Reynolds, Rosenblatt Securities, and David Kelly, Market Momentum.
CNBC's Jackie DeAngelis reports the latest action in oil, the dollar, and euro, as some traders think oil is headed into the $40 dollar range.