CNBC's Jackie DeAngelis reports WTI is pretty much flat and crude oil inventories increased 7.1 million barrels.» Read More
Bill Farren-Price, CEO of Petroleum Policy Intelligence, explains that it would take "at least a year" for Iranian oil production to come back on stream after the second phase of negotiations are agreed.
Richard Mallinson, geopolitical analyst at Energy Aspects, discusses the 2014 outlook for the oil market and expects U.S. supply to grow strongly and Saudi Arabia to make "a big cut."
Nigeria is aggressively tackling oil theft in the country, oil minister Diezani Alison-Madueke told CNBC on Wednesday in a TV interview.
Daniel Lacalle, senior portfolio manager at Ecofin, and Didier Duret, CIO at ABN AMRO, discuss potential problems in the oil price and Chinese economy.
Saudi Arabia's oil minister downplays the threat of oversupply despite Iran looking to ramp up its production even if oil hits $20 a barrel.
Johannes Benigni, managing director of JBC Energy, says that it is unlikely Iran will break its oil production limit.
U.S. crude oil futures rose more than $1 on Wednesday as government data showed an unexpected draw in stockpiles.
CNBC's Sharon Epperson reports oil closed above $96 per barrel, the highest price since the end of October. And TransCanda's key pipeline will be operational by January 3rd.
WTI crude oil futures surged to a one-month high on expectations for the first decline in weekly U.S. crude supplies in nearly three months.
CNBC's Sharon Epperson reports the pop in natural gas and the rise in WTI futures.
Gareth Lewis-Davies, senior oil strategist at BNP Paribas, discusses whether OPEC will cut its 2014 oil supply, and what the arrival of Iranian oil on the market would mean for other producers.
BP won a legal reprieve to avoid payments over losses not traceable to the 2010 Gulf of Mexico oil spill, potentially sparing it extra costs.
U.S. oil futures rose to a four-week high on Tuesday, on expectations of the start up of a pipeline from Cushing.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil was up today, mostly due to manufacturing data and numbers out of China. OPEC nations meet in Vienna on Wednesday.
CNBC's Michelle Caruso-Cabrera takes a look at why deep-water drilling may provide Mexico with the greatest energy opportunities.
CNBC's Michelle Caruso-Cabrera reports on how Mexico's energy reforms are likely to affect American investors.
To reach as much as 50 billion barrels of deep-water gulf oil, Mexico is considering a constitutional change to allow foreign investment.
Maarten-Jan Bakkum, global emerging markets strategist at ING Investment Management, discusses the impact tapering by the Federal Reserve and a fall in oil prices would have on emerging markets.
Talisman Energy will appoint two nominees of activist investor Carl Icahn to its board as part of an agreement with its second-biggest shareholder.
Dow Chemical announced its intention to sell parts of its commodity chemicals business. The company's Chairman and CEO Andrew Liveris, explains why this is the necessary move right now.