*FTSEurofirst 300 flat, Euro STOXX 50 down 0.2 pct. *Seadrill falls after below-forecast earnings. Declines in individual shares included UK grocers Sainsbury and Tesco slipping 2.2 percent and 1.3 percent respectively after data from Kantar Worldpanel showed UK grocery market sales rose 0.8 percent in the 12 weeks to Aug. 17, a 10- year low.» Read More
Palladium raced ahead of all other metals in April. After climbing double digits in the first quarter, platinum and silver futures were down 4 and 5 percent, respectively. Both metals lost ground for the second consecutive month. Copper prices were flat, and gold seems to have lost its luster, posting its third straight monthly decline.
Equitable Origin is a start up that is trying to change the way oil and natural gas drilling occurs so that it is safer and cleaner, and there is accountability in the event of a disaster.
There are too many options but no one solution to the energy problem. Our needs are many. The current alternative energies — solar, wind, biofuels, nuclear and geothermal — all have limitations, but they're worth it until something better comes along.
John Schiller, Energy XXI CEO, discusses where he sees oil prices headed and how his company plans to make money, with Mad Money's Jim Cramer.
Enterprise CEO gives Bertha Coombs an exclusive look into the construction of the company's new ECHO oil storage and transfer terminal in Houston, which provide a vital link between booming onland Shale oil production by major Gulf Coast refiners.
WTI oil futures have recovered earlier losses to climb to session highs over $104.74 a barrel, after positive data on the U.S. manufacturing sector and a flow of money into commodities at the start the new quarter.
When President Obama was inaugurated, gas was selling for $1.90 a gallon, and it is now nearly $4.00. Mr. Obama says he needs four more years to change America—if reelected can we look forward to $8.00 a gallon?
The looming Iranian oil embargo has heightened the concern of risk to global oil supplies. Meanwhile, energy production in this country is booming.
Gas prices have pushed the economy into the early stages of demand destruction, said Richard Hastings, a consumer strategist at Global Hunter Securities. He said he expects to see a mild reduction in retail sales growth starting in May.
Weaker manufacturing data from China and the euro zone weighed on oil prices Thursday. The May 12 West Texas Intermediate futures contract dropped below key support of $104.88, which is the 50 percent retracement of the February rally that took the contract from $98.38 to $110.95.
CNBC's Eamon Javers & Sharon Epperson have the details on the President's fast-track permit plan for the Keystone Pipeline construction; Insight on whether America will become the new Middle East if regulatory handcuffs come off, with Edward Morse, Citigroup, and discussing whether speculators are to blame, with Rep. Peter Welch, (D-VT).
Is oil a buy or sell right now? Darren Wolfberg, BNP Paribas director of energy trading, says he is staying bullish on oil for the long-term.
This name trades like it’s just another part of the oil and gas complex, but it is actually an innovative tech company.
National Oilwell Varco is one of the dominant players in oil services, says Mad Money's Cramer, because it has unparalleled technology that seems impossible for the competition to duplicate, and that makes the stock a "buy".
Charif Souki, Cheniere Energy CEO, discusses his company's plans to spend billions on natural gas export terminals.
TransCanada plans to move forward with a portion of the Keystone XL Pipeline, in hopes of boosting the flow of crude from Cushing, OK, to the U.S. Gulf coast, with Alexander J. Pourbaix, TransCanada president.
Discussing some short term plans to reduce oil and gas prices, with T. Boone Pickens, BP Capital Management founder/CEO, who says the U.S. has the cheapest energy in the world.
Tim Rezvan, Sterne Agee vice president, energy research, reveals his four oil exploration and production plays, including Berry Petroleum, Occidental Petroleum, Pioneer Natural Resources, and Gulfport Energy.
It is the hot topic from the gas pump to Washington to the trading pits at the New York Mercantile Exchange: Will rising tensions with Iran push energy prices back above 2008 record levels this spring? Fund managers are apparently betting that they will.
Lowering oil prices will require a long-term approach to exploration and production, though tapping domestic reserves is not out of the question, Treasury Secretary Timothy Geithner told CNBC.