The bailout money Ukraine is getting may go directly to Russia, analysts tell CNBC.» Read More
SINGAPORE, March 5- Brent crude held steady above $109 a barrel on Wednesday after pulling back in the previous session from a two-month high as fears eased that tensions over Russia's incursion into Ukraine territory could lead to war.
Crude fell for the second straight session, as fear eased that Russia's incursion into Ukraine could lead to all out war.
John Kilduff, Again Capital founding partner, thinks it is premature for the U.S to get into the oil export business largely.
SEOUL, March 5- U.S. crude oil futures held just above $103 a barrel on Wednesday after pulling back from 5-1/ 2 month highs hit earlier in the week, as tensions over Russian military intervention in Crimea calmed. *U.S. crude for April delivery gained 1 cents at $103.34 a barrel as of 0018 GMT after settling $1.59 lower at $103.33 in the previous session.
As political tensions rise, the cooperation between the U.S. and Russia in the energy industry is large and growing, experts at IHS CERAWeek say.
Discussing the short-term impact of the Ukraine conflict to oil, shale gas in the United Kingdon, and its investing strategy in Iran, with Christophe De Margerie, Total S.A. Chairman & CEO.
Senator Lisa Murkowski (R-Alaska) speaks to CNBC's Sharon Epperson about her call to expand oil exports from the United States. She also discusses the importance of the Keystone pipeline.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
TransCanada CEO Russ Girling discusses whether the Ukraine conflict has increased any indication of approval for the Keystone Pipeline, and the current timeline for the project.
Discussing the global economic environment, and his company's investments in oil & gas, and copper, with Andrew Mackenzie, BHP Billiton CEO.
A group of villagers claimed that Chevron's Texaco was responsible for polluting an oil field in northeastern Ecuador from 1964 to 1992.
BP plans to separate its onshore U.S. assets into a new wholly owned business to improve the competitiveness of its shale gas portfolio there.
The pace of energy developments in the U.S. and a hundred-year supply of natural gas is a global game-changer, says energy guru Daniel Yergin.
CNBC's Jackie DeAngelis reports gold rises and crude prices tumble on break in Ukraine standoff.
Roman Popadiuk, fmr. ambassador to Ukraine, and Eugene Rumer, National Defense University, discuss similarities between the Russian invasion of Georgia and what's happening right now in Ukraine.
The Obama administration announced new fuel and automobile rules to cut emissions, which it says will reduce asthma and heart attacks in the U.S.
*U.S., EU tell Russia to pull troops from Crimea or face sanctions. SINGAPORE, March 4- Oil fell as much as a $1 on Tuesday, with Brent slipping towards $110 a barrel, after President Vladimir Putin recalled troops in military exercises in western Russia near its borders with Ukraine.
As geopolitical uncertainty surrounding Ukraine sent commodity prices on a roller coaster ride this week, it could be time for U.S. shale oil to take center stage, some analysts told CNBC.
Antonio Garcia Pascual, Chief Euro-Area Economist at Barclays, says while it's unlikely that the standoff between Ukraine & Russia will evolve into a war, the economic threat still looms for both economies.
As crude oil prices rise amid tensions between Russia and Ukraine, increased U.S. oil production is providing a cushion against even higher prices.