CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead at where oil and precious metals are likely headed next week. WTI was down but Brent crude was up on the day. Nat gas was down and gold was up.» Read More
Bob Dudley, CEO of BP, says the company's oil production in Iraq is "a long way" away from the violence taking place in the country.
*U.S. considers air strikes in Iraq. SINGAPORE, June 17- Brent crude futures held near $113 per barrel on Tuesday with the United States considering air strikes in Iraq as the security situation worsens in the key oil producing country.
Brent held steady above $113 per barrel while U.S. crude weakened slightly, as speculation about Iran and the West offset fears about Iraq.
SEOUL, June 17- U.S. crude oil futures slipped on Tuesday after a rally triggered by unrest in Iraq lost some steam as OPEC's second-largest producer tightened security around oil infrastructure and oilfields to protect them from insurgents.
Energy stocks may be getting too rich and could quickly give up gains if the Iraq situation is defused, some analysts said.
Dennis Gartman, The Gartman Letter, explains how to trade the turmoil in the Middle East by investing in the U.S. fracking industry.
An al-Qaeda affiliated group is continuing its military action to take more cities in Iraq. CNBC's Michelle Caruso-Cabrera discusses whether this could be a start of a civil war.
As tensions escalate in Iraq, the "Fast Money" traders discuss the elevated price of oil and share their best oil plays right now.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Gold was up slightly on the day, to $1,275.30, while oil traders took a wait & see approach as Iraq simmers.
*Sunni Islamists strengthen grip on northern Iraq. NEW YORK, June 16- Brent crude oil futures rose on Monday as advances by Sunni insurgents in Iraq fueled concerns over a potential disruption to oil exports from OPEC's second-largest producer.
West Texas Intermediate (WTI) closed down a penny today after surging on Iraq fears in the past few days. CNBC's Jackie DeAngelis reports what further volatility could mean for gas prices.
Major oil producer Iraq pumped as much as 3.6 million barrels per day on some days this year. CNBC's Michelle Caruso-Cabrera reports on the escalating conflict in the country and its impact on oil production.
Dissecting the case for small caps, and the best place to invest, with Joe Tanious, JPMorgan Asset Management; Mike Balkin, William Blair Small Cap Fund; Kim Caughey Forrest, Fort Pitt Capital; and CNBC's Rick Santelli.
The U.S. has done a superb job of bringing on more sources of oil so there are more choices in the market, said former BP CEO John Browne.
*Sunni Islamists intensify grip on northern Iraq. NEW YORK, June 16- Brent crude oil futures rose on Monday as advances by Sunni insurgents in Iraq fueled concerns over a potential disruption to oil exports from the second-largest OPEC producer.
Discussing if the energy markets could become "unhinged" and what it means for the global economy, with David Nelson, Belpointe Asset Management chief strategist, and Reva Bhalla, Stratfor VP of Global Analysis.
CNBC's Michelle Caruso-Cabrera reports Sunni militants have captured the town of Tal Afar and ISIS claims it has massacred 1,700 Iraqi recruits.
Former BP CEO John Browne is watching how the crisis in Iraq develops, and its impact on oil prices.
CNBC's Jackie DeAngelis reports on the current price of oil, and where investors think it will move based on geopolitical events.
Jonathan Waghorn of Guinness Asset Management, explains how the oil price could reach $150 as the world economy continues to grow.