July 29- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, forecast falling demand for deepwater rigs, overshadowing robust demand for jack-up rigs, used in shallower waters, as well as land rigs.» Read More
CNBC's Brian Sullivan reports ConocoPhillips was issued a permit to develop the first commercial oil well in Alaska; 13 thousand gallons of synthetic drilling fluid has leaked from a Shell rig in the Gulf of Mexico; the ITC has banned the imports of HTC handsets; and Swedish car maker, Saab has declared bankruptcy.
John Schiller, Energy XXI chairman & CEO, discusses Wednesday's lease sale for spots in the Gulf of Mexico and whether his company will continue to acquire of properties in the future.
The Federal government's lease auction for offshore drilling in the Gulf of Mexico is a big money maker for Uncle Sam, and oil and gas companies. CNBC's Eamon Javers reports on the auction action from the Superdome in New Orleans.
CNBC's Eamon Javers on the first Federal government auction of oil and gas leases since last year's oil spill in the gulf.
CNBC's Eamon Javers has the details on the federal government auctioning off land for oil drilling in New Orleans.
CNBC's Hampton Pearson reports the Interior Department will begin selling leases to tracts of the Gulf of Mexico, with CNBC's Eamon Javers. Also, the NTSB recommends a total ban on cell phones while driving; and CME chairman Terry Duffy testifies Jon Corzine did know customer funds were being used at MF Global.
Where oil prices are headed in 2012 from both a technical and a fundamental standpoint, with Abigail Doolittle, Peak Theories Research, and Stephen Schork, The Schork Report.
"This company has never cut it's dividend." says Mad Money's Jim Cramer, discussing Enbridge's 3.17% yield, and growth prospects, with Patrick Daniel, Enbridge Inc CEO.
Don't be surprised if gold falls to $1,700, according to some traders. When it comes to what markets wanted to hear from the European Central Bank it was all about money printing.
Discussing Brazil's National Oil Regulator suspending Chevron's drilling rights and the possible fallout, with Dan Dicker, MercBloc, and the Fast Money crew.
CNBC's Michelle Caruso-Cabrera reports on a plan to use off-shore drilling royalties to pay for America's infrastructure rebuild.
The chief executives explain how they think the legislation could result in widespread use of natural gas as a transportation fuel.
WTI surged above $102 on news that the flow of crude oil will be reversed on the Seaway Pipeline. The result in Wednesday’s trading has been panic in the spread between WTI and Brent Crude with funds and other market players buying WTI and selling off Brent...fast.
Gasoline futures plunged 4 percent to below $2.50 a gallon this morning, a slide that could signal good news for drivers over the Thanksgiving weekend.
The industry has had a profitable year despite the jump in corn prices , but overcapacity and the end of a generous government subsidy are major concerns.
Italy and Greece's debt woes haven't gone away, yet U.S. crude oil prices are closing in on $100 a barrel, following the upward momentum in the euro and equities on cautious optimism over improved Italian and Greek bond spreads.
The “Mad Money” talks with MarkWest Energy’s CEO and talks about why he thinks this play on oil and gas works.
Paul Sankey, Deutsche Bank Lead U.S. Integrated Oil and Refining analyst, discusses earnings results for Conoco Phillips, which beat Wall Street expectations in the third quarter.
WTI prices are up over 2.5 percent Tuesday but the spread to brent continues to narrow. Dan Dicker, of Merbloc, discusses.
U.S. oil futures are at a 2 1/2 month high. In addition to China manufacturing data and more optimism over an eventual EU debt deal, traders are covering short positions in commodities after more comments from a Federal Reserve official about the possibility of further monetary easing ahead.