David Hemming, commodities portfolio manager at Hermes Fund Managers, says that Europe "cannot afford" to upset one of its trade partners when it comes to refined oil products.» Read More
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Gold saw its best daily gain in months. And the cold weather continues to drive natural gas higher.
Discussing problems in the oil region of Nigeria, with Helima Croft, Barclays head of North American Commodities Research, and Ashley Bendell, Africas Investments Advisors.
US and Canadian officials are seeking for more stringent measures to prevent "a major loss of life" from oil train wrecks.
CNBC's Bertha Coombs reports crude oil inventories beat expectations and rose 990,000 barrels and gasoline inventories increase by 2.1 million barrels.
CNBC's Bertha Coombs reports natural gas inventories declined by 107 bcf due to the polar wave of cold weather.
U.S. crude oil rose nearly $1 after a sizable draw in distillates drove the heating fuel price to its highest so far this year.
TransCanada CEO details the Keystone pipeline opening in Oklahoma.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets, including oil and natural gas ahead of tomorrow's report on weekly supplies.
CNBC's Sharon Epperson reports TransCanada's southern leg of its Keystone XL Pipeline opened for business on Wednesday. Also, the cheapest retail gas in the U.S. is currently in Joplin, Missouri.
CNBC's Jackie DeAngelis reports the southern leg of the Keystone Pipeline operated by TransCanada will open for business today.
The southern leg of the Keystone XL pipeline started shipping oil on Wednesday, and that's good news for Valero and other oil refiners.
TransCanada CEO Russell Girling discusses the announcement that it will now ship crude oil through the southern portion of its Keystone pipeline, and the state of business.
The world's three largest publicly traded oil field servicing companies trumped analysts' earnings expectations in the final three months of 2013.
Bob Dudley, CEO at BP, says the oil market has had "a remarkable three years" and explains that demand for oil will continue as long as prosperity around the world grows.
Ulrich Spiesshofer, CEO at ABB, explains that delays regarding one of the group's offshore platforms is behind the profit warning but adds he is "quite optimistic over the medium term."
Angel Gurría, secretary general of the OECD, says slow growth, high unemployment and growing inequality still plague the post-crisis world.
Oil rose on Wednesday as outlook reports indicated global oil demand will rise more quickly this year.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
CNBC's Sharon Epperson reports the national average price for gas is 3.28 per gallon, with the cheapest prices in Joplin, Missouri, and Stilwell, Oklahoma, at $2.79 per gallon.