A former top oil executive says the price of gas at the pump could double by year's end, even as consumers are enjoying low prices.» Read More
Discussing the risks and events associated with the higher price of gas at the pump, with Patrick Dehaan, Gasbuddy.com senior analyst.
Refineries are switching from the heavier winter blend of gasoline, to the lighter summer blend, which is more expensive. CNBC's Jackie DeAngelis reports on other factors sending the price of gas higher.
This stuff is like the top soil of Iowa, says Berkshire Hathaway's Charile Munger, expressing his views on the nation's energy policy. Bill Gates, Microsoft founder, and Warren Buffett, Berkshire Hathaway chairman & CEO, weigh in. I would always want to have enough to take care of national defense, says Warren.
While the United States enjoys a surge in oil and natural gas production, Exxon Mobil and Chevron have so far missed the party.
Amrita Sen, chief oil analyst at Energy Aspects, says Iran is serious about striking a deal over the lifting of sanctions on the country.
Crude fell on Monday, pressured by reports that China's manufacturing sector contracted and Libya's oil output was recovering.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. The NFL draft is this week. Lots of economic data will drive the markets this week. And big names
Oil-by-rail shippers have mostly ignored U.S. government requests for data that aim to prevent mishaps, officials said on Friday.
Profits from exploration—otherwise known as "upstream" earnings—were a saving grace for Big Oil in the last quarter.
The U.S. hasn't sanctioned the Russian natural gas giant, but there's a good reason for that, according to Oilprice.com.
Taking advantage of tax incentives, chipmaker GlobalFoundries opened its first U.S. plant in New York and created 2,200 jobs.
Chevron, the second-largest U.S. oil producer, said on Friday its first-quarter profit fell 27 percent due to falling crude oil production and prices.
Crude rose as fighting between Ukraine's army and a pro-Russian group intensified, stoking fears of regional energy supply disruptions.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
John Hofmeister, former Shell Oil president, says Russian President Vladimir Putin has spent years developing energy companies' trust in Russia and wouldn't want to break that. Chris Faulkner, Breitling Oil CEO, discusses the impact to oil price in the U.S.
CNBC's Jackie DeAngelis reports on what Russian President Vladimir Putin told reporters in response to U.S. sanctions.
Conflict with Russia has not stopped U.S. and European energy giants from exploring investments in Ukraine's fledgling energy sector.
The Department of Energy released its weekly storage report on natural gas inventories. CNBC's Jackie DeAngelis has the details.
Tom Kloza, GasBuddy chief oil analyst, provides his outlook on gas prices this summer.
Exxon Mobil reported first-quarter earnings on Thursday that beat Wall Street's expectations.