Lack of supply and strong demand should send uranium prices higher, two analysts told CNBC. Here's how they'd play it.» Read More
CNBC's Kate Rogers on the rising number of man-made earthquakes.
Despite its exposure to oil, Ricardo Mendes of Prospectiva Consulting said some Brazilian businesses could benefit from tighter U.S. monetary policy.
Russia and Argentina signed several cooperation documents in the energy sector, underlining Moscow's drive to deepen ties with South America.
*Saudi-led coalition resumes bombing of Yemen. LONDON, April 23- Brent crude oil rose more than a dollar to above $64 a barrel on Thursday on heightened concerns over the security of Middle East supplies as a civil war escalated in Yemen. Yemen is a tiny oil producer but the Bab el- Mandeb Strait on its southern coast controls access to the Red Sea, Suez Canal and the...
About 25% more LNG exports will hit the world market by 2020, and this will transform the energy market, predict CEOs at CERAWeek.
CNBC's Michelle Caruso-Cabrera reports on the fallout after the Brazilian oil giant released audited financial which showed cost overruns in the billions.
LONDON, April 23- Oil prices steadied on Thursday as news of another steep rise in U.S. crude inventories countered concerns over the security of Middle East supplies due to an escalating conflict in Yemen. Saudi-led coalition warplanes bombed Yemen again on Thursday despite an announcement by Riyadh that it was ending its campaign of air strikes.
Novozymes CEO, Peder Holk Nielsen, says there are some concerns around the ethanol business given low oil prices and high corn costs.
SINGAPORE, April 23- Oil prices fell slightly on Thursday as rising U.S. crude inventories due to robust shale production outweighed concerns over renewed air strikes in Yemen. Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement by Riyadh a day earlier that it was ending its campaign of air strikes.
SINGAPORE, April 23- Oil prices held steady on Thursday as renewed fighting in Yemen countered worries over rising U.S. crude inventories due to still-robust shale production. Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement by Riyadh a day earlier that it was ending its campaign of air strikes.
SINGAPORE, April 23- Oil prices extended gains on Thursday as renewed fighting in Yemen brought focus back on potential supply disruptions in the Middle East. Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement by Riyadh that it was ending its campaign of air strikes. While Yemen itself is not among the biggest oil...
U.S. crude futures closed up 2.81 percent at $57.74 on Thursday after Saudi Arabia and its allies maintained a bombing blitz in Yemen.
TOKYO, April 23- U.S. crude futures inched up on Thursday to hold above $56 a barrel after two days of losses, as renewed fighting in Yemen countered worries over rising U.S. inventories due to ample supplies and robust shale production. *It settled down 45 cents on Wednesday after the Energy Information Administration data showed that U.S. crude stockpiles rose by...
HOUSTON, April 23- There is a growing disconnect between Houston and Wall Street over when slumping oil prices will recover. Beaten down by a seven-month rout that slashed crude prices from over $147 a barrel last summer to $42 a barrel, producers are bracing for oil to remain at about $60 a barrel for as long as the next five years or so, according to executives...
The Brazilian oil company, embroiled in a corruption scandal, unveiled the estimate in its audited fourth-quarter financials.
*Brent advances on Yemen, WTI crude choppy. NEW YORK, April 22- Stocks in major markets drifted higher on Wednesday as investors took an optimistic view of the latest batch of U.S. corporate earnings, while U.S. "People are seeing the negative effects of foreign exchange and that's not been drastically worse than expected," said Michael Sansoterra, portfolio manager...
Brian Reynolds, Rosenblatt Securities, joins Closing Bell to weigh in on Brazil's Petrobras scandal.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI down after a larger-than-expected build. Traders think oil prices are in their sweet spot, she says.
After being battered by falling crude prices, many U.S. energy stocks may soon blow past broader U.S. markets, one analyst said.
*Continued fighting in Yemen helps Brent close up 1 pct. NEW YORK, April 22- Oil prices diverged on Wednesday with Brent closing up on renewed fighting in Yemen while U.S. crude fell after another weekly rise in inventories despite slower production. Futures of U.K. North Sea Brent, the more globally used benchmark for crude, settled up 1 percent as warplanes from a...