Mad Money's Jim Cramer reflects on CNBC's evolution over the past 25 years.» Read More
*Libya should use force to reopen oil ports- oil min. *Total refineries in France enter 11th day of strikes. LONDON, Dec 23- Brent crude oil held steady below $112 a barrel on Monday as investors focused on refinery strikes in France and internal strife in South Sudan.
The U.S. allows power companies to sell the carbon dioxide to oil companies. A side benefit is that the carbon gets permanently stuck underground.
Boris Schlossberg, BK Asset Management, shares his perspective on currencies. The "cleanest trade of all" in 2014 is the U.S. dollar/yen, says Schlossberg. And higher oil prices are actually bearish for natural gas, says Stephen Schork, The Schork Report, with his play on oil.
The average price for a gallon of gasoline in the United States fell modestly over the past two weeks, ending a four-week advance.
*Libya should use force to reopen oil ports- oil min. *Total refineries in France enter 11th day of strikes. LONDON, Dec 23- Brent crude oil held steady above $111 a barrel on Monday amid slow activity ahead of the Christmas holiday as investors focused on ongoing refinery strikes in France and internal strife in South Sudan.
*Libya should use force to reopen oil ports- oil min. SINGAPORE, Dec 23- Brent crude hit a two-week high near $112 a barrel on Monday as internal strife in South Sudan threatened the country's oil output, adding to supply woes in Africa. South Sudan's government said on Sunday rebels had seized the capital of a key oil-producing region.
*Libya should use force to reopen oil ports- oil min. SINGAPORE, Dec 23- Brent crude rose to a two-week high above $111 a barrel on Monday as internal strife in South Sudan threatened the country's oil output, adding to supply woes in Africa.
PERTH, Dec 23- U.S. oil futures held steady in early Asian trading on Monday despite some concerns about short supplies and reports of improving economic growth in the United States, the world's largest oil consumer.
Amid the first thaw in relations between Iran and the United States in decades, powerful oil companies are opting for an unusual tactic: silence.
A technological advance turns a stream of concentrated algae into bio-crude oil in less than an hour.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed up again today, mostly due to new buyers coming in and the strong GDP number. Gold closed above $1,200 today.
CNBC's Sue Herera looks ahead to what are likely to be next week's top business and financial stories.
CNBC's Michelle Caruso-Cabrera speaks to Hermitage Fund's Bill Browder about the release of Russian oil tycoon Mikhail Khodorkovsky from prison.
But oilman Harold Hamm tells CNBC he doesn't expect the U.S. to be a net exporter of crude.
When Mexican President Enrique Peña Nieto signs new oil reform, it may mark a turning point for Latin America's second-largest economy.
Harold Hamm, Continental Resources founder, chairman & CEO, shares his thought on why he had to make other plans to ship oil due to delays in the building of the Keystone XL pipeline.
*Coming up: U.S. final Q3 GDP data at 1330 GMT. LONDON, Dec 20- Brent crude oil rose towards $111 a barrel on Friday, heading for a weekly gain, boosted by a positive outlook for fuel demand in the United States, the world's largest oil consumer, and reduced Libyan supply.
*Kirkuk shipments from northern Iraq also edge lower. *Iraq misses 2013 output target, 2014 goal looks tough. "Some new capacity looks likely in 2014, but it is more realistic to expect a lower growth from Iraq throughout the year, rather than an acceleration," said Samuel Ciszuk, analyst at the Swedish Energy Agency.