CNBC's Michelle Caruso-Cabrera reports on the death of French oil giant Total's CEO. Christophe De Margerie was killed when his plane hit a snowplow at a Moscow airport.» Read More
A new report says the two-year low in U.S. oil prices is not yet stalling growth of U.S. crude production.
CNBC's Bob Pisani and Jackie DeAngelis cover today's action in stocks and the crude trade. CNBC's Dominic Chu looks at the Russell 2000 and where investor sentiment is starting to shift.
Does oil go lower or higher from here? Jim Iuorio, TJM Institutional Services, and CNBC's Larry Kudlow provide insight on oil and fracking.
CNBC's Jackie DeAngelis reports oil closed positive and discusses trader sentiment at the NYMEX.
By 1:18 p.m. EDT, oil prices had given up about half of the midday gains, but December Brent crude was up $2.18, or 2.6 percent, to $86.30 a barrel, putting it on track for the biggest one-day gain since the market began a lengthy slide in mid-June. Expiring November Brent rose 47 cents to $84.25 a barrel. November crude rose $1.37 to $83.15 a barrel, off the intra-day...
NEW YORK, Oct 16- Oil prices rose sharply on Thursday, bouncing off four-year lows, on technical buying ahead of options expiry for U.S. crude oil and contract expiry for Brent crude. At 1:18 p.m. EDT, U.S. crude was at $83.17 a barrel, up $1.39. Brent for December delivery rose $2.22 to $86.34.
BRENT CRUDE OIL FOR DECEMBER DELIVERY RISES MORE THAN $3; U.S.
Oil prices are falling, but Saudi Arabia has indicated that it's willing to put up with cheaper crude oil for now.
The U.S. economy's strength should enable U.S. stocks to recover from this week's selloff, said Fidelity Worldwide Investments' Dominic Rossi.
CNBC's Bob Pisani reports signs of stability in shale stocks, including EOG Resources, as well as health in hospital stocks after a hit from Ebola concerns.
U.S., BRENT NOVEMBER CRUDE FUTURES EXTEND LOSSES AFTER EIA DATA, BRENT DECEMBER CRUDE TURNS LOWER.
CNBC's Jackie DeAngelis reports crude prices continue to decline.
CARACAS, Oct 16- The slump in global oil prices has heightened pressure on President Nicolas Maduro to enact politically risky reforms to bolster Venezuela's weak public finances and its ability to pay down debt. Crude prices under $85 have given new voice to reformers within Maduro's government, and critics outside, who say he needs to make urgent changes.
The Department of Energy is reporting natural gas inventories rose by 94 bcf, with CNBC's Jackie DeAngelis.
If Ukraine takes gas from pipeline, Putin says Russia will reduce gas supplies to Europe.
After Wednesday's heavy selloff and then recovery in the market in one day, Art Cashin of UBS, explains what's contributing to the action.
Nansen Saleri, QRI president & CEO, provides perspective on the massive slide in crude oil prices and OPEC's possible production response.
CNBC's Michelle Caruso-Cabrera takes a look at how the breakeven price for wells is impacting oil prices.
Jan Kniffen, J. Rogers Kniffen CEO, shares his thoughts on how falling oil prices will likely impact consumer spending amid the market's sell-off and Ebola fears.