The bailout money Ukraine is getting may go directly to Russia, analysts tell CNBC.» Read More
Gaurav Sodhi, Resources Analyst, Intelligent Investor, says recent rally in crude prices are a knee-jerk reaction to fear, due to crisis in Ukraine, which can subside as fast as it rises.
Oil prices fell sharply on news that raised hopes that tensions in Ukraine's crisis were ebbing slightly.
SEOUL, March 4- U.S. crude oil held above $104.50 a barrel on Tuesday in early Asian trade, as the crisis in Ukraine raised concerns about a disruption of Russian natural gas supplies to Europe and heightened demand for alternative fuels such as heating oil.
Sen. Lisa Murkowski of Alaska is asking the Department of Energy to analyze the economic impact of selling U.S. crude abroad.
Energy industry leaders at CERAWeek are sizing up new federal safety guidelines for rail shippers to figure out if they are on track.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Geopolitical tensions pushed oil higher, gold hit $1,350, and wheat futures were up on tensions in Ukraine. Nat gas sold off a bit because the cold snap may not be as severe.
Russia is the world's third largest oil producer and second largest of natural gas. CNBC's Mary Thompson discusses the concerns over the flow of Russia's natural gas to Europe.
CNBC's Mary Thompson reports over three quarters of Russia's natural gas exports go to Europe. Russia cut supplies to the Ukrainian pipeline in 2006 and 2009 over price disputes, leaving Ukrainians without heat.
Discussing commodity demand around the world amid geopolitical uncertainty, with Jim Iuorio, TJM Institutional Services, and Anthony Grisanti, GRZ Energy.
Europe will become even more dependent on Gazprom's gas supplies in years to come, the Russian state company says.
CNBC's Michelle Caruso-Cabrera discusses the economic impact the Ukrainian crisis is having on the Russian economy.
Buffett tells CNBC he backs the Keystone Pipeline even though it would take away some business from his Berkshire Hathaway rail subsidiary BNSF.
TOKYO, March 3- Japan's Nikkei average slid to a 1-1/ 2- week low on Monday as escalating tensions in Ukraine sparked risk aversion and a stronger yen hurt the mood, but the oil sector bucked the trend after crude prices rallied to multi-month highs.
TOKYO, March 3- Stocks slid while oil prices shot up on Monday, after Russia bloodlessly seized a part of Ukraine, escalating tensions between Russia and the West to a level not seen since the end of the Cold War.
*Oil prices jump on risk of war in Ukraine. SINGAPORE, March 3- Brent and U.S. crude oil rallied more than $2 per barrel to multi-month highs on Monday, lifted by rising tension in Ukraine after Russian President Vladimir Putin declared he had the right to invade his neighbour.
TOKYO, March 3- Stock prices plummeted while oil prices shot up on Monday as escalating tensions between Russia and the West after Russia bloodlessly seized a part of Ukraine.
Crude rallied more than $2 per barrel on Monday, lifted by rising tension in Ukraine and growing fears of a Russian invasion.
SEOUL, March 3- Brent and U.S. crude oil rallied more than $2 per barrel to multi-month highs on Monday, lifted by rising tension in Ukraine after Russian President Vladimir Putin declared he had the right to invade his neighbour. Putin secured permission from his parliament on Saturday to use military force to protect Russian citizens in Ukraine and told U.S.
BASRA, Iraq, March 1- Oil exports from Iraq rose to a record 2.8 million barrels per day on average in February, Deputy Prime Minister for energy Hussain al-Shahristani told reporters on Saturday.
NEW YORK, Feb 28- U.S. oil on Friday had its eighth straight week of gains on market talk of fewer oil rail shipments from the booming Bakken shale in North Dakota. Brent oil settled moderately higher but ended the week lower, weighed down by an outlook for dampening demand in China and another for stymied European growth due to uprisings in Ukraine.