Disruption from the Russia-Ukraine conflict is not the only threat to Europe's energy supplies—there's also Algeria.» Read More
Crude was hurt by a large rise in U.S. oil inventories and a report that the government planned to release crude from its reserve.
U.S. crude dropped 64 cents to $99.30 a barrel by 0034 GMT, after settling $1.09 down at $100.03, its lowest since Feb. 11. *Ukraine's government appealed for Western help on Tuesday to stop Moscow annexing Crimea but the Black Sea peninsula, overrun by Russian troops, seemed fixed on a course that could formalise rule from Moscow within days.
WASHINGTON, March 11- Four U.S. oil refiners, trying to counter growing calls to lift the nation's ban on most crude oil exports, have launched the first major lobbying effort to keep abundant U.S. oil supplies from being sold overseas.
Chevron plans to increase its oil and gas production, but most the growth will be abroad because of US policy, the company CEO says.
Chevron Chairman & CEO John Watson explains the major costs and risks for companies in the energy industry, and discusses oil pricing.
Discussing growing oil and gas demand, and how quickly the U.S. energy businesses can meet the demand, with Chevron Chairman & CEO John Watson.
Chevron Chairman & CEO John Watson, discusses the costs of increasing oil price and how his company has had to cut back.
*France says sanctions on Russia could come this week. NEW YORK, March 11- U.S. crude oil prices fell on Tuesday briefly touching below $100 per barrel for the first time in a month as the potential for more Chinese corporate bond defaults and rising crude stocks in the United States raised concerns about the growth of oil demand.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
*France says sanctions on Russia could come this week. Brent oil futures rose slightly on Tuesday, supported by tensions over Ukraine as the European Union and United States prepared sanctions against Russia that could come soon.
CNBC's Rick Santelli and Yra Harris, Praxis Trading partner, discuss how Vladimir Putin influences the global markets and the German economy.
Sen. Rob Portman, R-Ohio, also told CNBC Tuesday that the U.S can immediately help Ukraine with its nuclear power capabilities as well.
Barry Davis, EnLink Midstream president & CEO, discusses details of the massive deal that mergers Devon Energy with Crosstex Energy and shares his thoughts on processing areas rich in shale oil. The biggest headwind is managing regulations, says Davis.
The Russian president's hold on the Crimean peninsula in Ukraine could pose a serious energy risk to Europe, oilman T. Boone Pickens says.
T. Boone Pickens, BP Capital founder, discusses how natural gas inventories are likely to impact the price of natural gas.
T. Boone Pickens, BP Capital founder, shares his plans to use natural gas to fuel vehicles. It would be a "nightmare" to have the government build the infrastructure, says Boone.
T. Boone Pickens, BP Capital founder, talks about the nation's energy boom and sounds off on Russia's attempt to profit from Ukraine's natural resources.
*France says sanctions on Russia could come this week. LONDON, March 11- Brent oil futures rose above $108.50 a barrel on Tuesday, supported by building tensions in the Ukraine crisis as the West threatened sanctions against Russia as early as this week.
SINGAPORE, March 11- Brent futures recovered on Tuesday and held above $108 a barrel as a worsening crisis over Ukraine stoked supply disruption fears, while concerns over demand growth from the world's two biggest oil consumers kept prices under pressure.
SINGAPORE, March 11- Brent futures were steady on Tuesday and held near $108 a barrel as a worsening crisis over Ukraine stoked supply disruption fears, while concerns over demand growth from the world's two biggest oil consumers kept prices under pressure.