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  • NYMEX-US crude holds above $104 after fall in stockpiles Wednesday, 11 Jun 2014 | 7:34 PM ET

    Militants from an al Qaeda splinter group who seized Iraq's second biggest city of Mosul this week have advanced into the oil refinery town of Baiji.

  • Oil prices head higher as Iraq tensions flare Wednesday, 11 Jun 2014 | 6:28 PM ET
    Iraqi workers are seen at the Rumaila oil refinery, near the city of Basra, in 2009.

    Surging U.S. oil production was expected to send oil prices lower, but a confluence of geopolitical events could drive high prices even higher.

  • Rough time in Iraq: Howard Dean     Wednesday, 11 Jun 2014 | 4:00 PM ET

    Discussing today's down day on Wall Street and how Iraq is impacting oil prices, with CNBC contributor Howard Dean; Stephanie Link; "Fast Money" trader Brian Kelly; and CNBC's Sharon Epperson.

  • Commodities tomorrow: Palladium spikes     Wednesday, 11 Jun 2014 | 3:36 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A mixed session today, as stocks were down. Oil was up slightly on the day, as inventories were down. Gold was flat on the day, as were copper prices.

  • Iraq's impact on oil     Wednesday, 11 Jun 2014 | 2:42 PM ET

    CNBC contributor John Kilduff says oil could surge $5-$10 in short if the situation in Iraq worsens.

  • *Iraq city of Mosul falls to militants. NEW YORK, June 11- Brent oil futures rose toward $110 a barrel on Wednesday as violence in Iraq prompted worries about the supply outlook, while U.S. crude struggled to make gains near key levels of resistance.

  • Turkey calls for emergency NATO meeting on Iraq Wednesday, 11 Jun 2014 | 2:19 PM ET
    Families fleeing the violence in the Iraqi city of Mosul arrive at a checkpoint in outskirts of Arbil, in Iraq's Kurdistan region, June 10, 2014.

    Turkey has called for an emergency meeting of NATO to discuss the security situation in Iraq after militants took 80 Turkish citizens hostage.

  • Crude oil inventories down 2.6 million barrels     Wednesday, 11 Jun 2014 | 10:30 AM ET

    CNBC's Jackie DeAngelis reports crude oil inventories are down 2.6 million barrels.

  • Why higher rates could shock stocks: Blankfein Wednesday, 11 Jun 2014 | 9:54 AM ET
    Lloyd Blankfein

    Stocks are calm, but investors need to be vigilant against complacency because it can lead to upheaval in the market, Goldman Sachs CEO tells CNBC.

  • Inside Goldman Sach's energy outlook     Wednesday, 11 Jun 2014 | 7:24 AM ET

    Jeff Curie, Goldman Sach's head of commodities research, explains the risks associated with the lack of investment in energy in North America.

  • CNBC's Steve Sedgwick reports from the OPEC meeting in Vienna, where the Iraqi oil minister Abdul Karim Luaibi said there is no security risk to the current supply from Iraq.

  • Iraq violence 'no threat' to oil supply: Minister     Wednesday, 11 Jun 2014 | 5:15 AM ET

    Abdul Kareem Luaibi, Iraqui oil minister, says that the Iraqui government is taking "very strong action" to deal with violence in the north but that the violence is no threat to oil supply.

  • Bijan Namdar Zanganeh, Iranian oil minister, discusses the "illegal limitations" imposed on the country's oil production and the on-going talks between Iran and the P5+1.

  • Oil spike eyed as Iraq violence escalates Wednesday, 11 Jun 2014 | 11:21 AM ET

    The price of oil rose Wednesday as violence escalated in Iraq's northern city of Mosul, with commodity analysts warning CNBC of an imminent oil spike.

  • Nigeria looking East for oil exports: Minister     Wednesday, 11 Jun 2014 | 5:06 AM ET

    Diezani Alison-Madueke, Nigeria's oil minister, discusses the impact the U.S. shale revolution has had on Nigeria and says the country is now looking to strengthen its relationship with India and China.

  • *Iraq's Mosul falls to militants, U.S. says situation' extremely serious'. LONDON, June 11- Oil futures rose to $110 a barrel on Wednesday as violence in Iraq prompted worries about the supply outlook, while a fall in U.S. stockpiles of gasoline pointed to seasonally stronger demand.

  • Can the oil price remain stable?     Wednesday, 11 Jun 2014 | 5:00 AM ET

    Jason Schenker, president and chief economist at Prestige Economics, discusses the oil price amid geopolitical tensions in Iran and Iraq.

  • 'No risk' for oil price: Saudi oil minister     Wednesday, 11 Jun 2014 | 4:45 AM ET

    Ali bin Ibrahim Al-Naimi, Saudi oil minister, says that there is "no risk" for the oil price at the moment and that only speculation makes the price fluctuate.

  • Steady as she goes' for oil market: Pro     Wednesday, 11 Jun 2014 | 3:45 AM ET

    Bill Farren-Price, CEO of Petroleum Policy Intelligence, says only Iran could surprise the oil supply side in the coming six months and discusses Iraqui oil.

  • *Iraq's Mosul falls to militants, U.S. says situation' extremely serious'. SINGAPORE, June 11- Brent futures rose towards $110 a barrel on Wednesday on expectations a fall in U.S. gasoline stockpiles pointed to a healthy outlook for demand from the world's top oil consumer and that tensions in Iraq will worsen and crimp supply.