ExxonMobil reported a stronger-than-expected profit on Thursday as higher prices for its crude and natural gas offset a 6 percent drop in production.» Read More
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.
Geophysical seldom trades a lot of options, but yesterday it lit up with bullish call buying.
This week's mega-mergers have suddenly forced mid-sized players to reexamine their strategies.
It was a story from the U.K. Guardian newspaper towards the end of the trading session that sent stocks on a tear with commodity prices tagging along for the ride.
Traders are watching China. Gauging how far and how fast China's growth may have slowed over the past quarter -- and what that could mean for coming quarters. It will be critical to the next move in key commodities like copper and crude as well as equities, traders say.
With November Brent Crude futures expiring in Friday’s session, traders are expecting more volatility on the spread between Brent and WTI oil futures.
CNBC's Bertha Coombs reports on the oil industry from Larose, Louisiana, where the promise of paying jobs is fueling the call for expanded drilling.
Crude oil is posting its biggest quarterly drop since the 2008 financial crisis and hitting a one-year low. So is now the time to buy up on oil stocks? Pavel Molchanov, Raymond James, and Phil Weiss, Argus Research, discuss.
CNBC's Melissa Lee reports the oil inventory numbers.
CNBC's David Faber reports from the Barefoot Economic Summit and discussing the state of the energy and production industry, with Wil VanLoh, Quantum Energy Partners president/CEO.
The World Health Organization recently released a report on air quality in countries around the globe, on which we based a list of the ten most polluted countries.
Gold snapped a four-day losing streak Tuesday. Oil also climbed over 5%. So what's next for commodities? Jim Iuorio, TJM Institutional Services, and Dan Dicker, Mercblock, weigh in.
Oil prices languished near three-week lows on Tuesday, as worries about Europe's debt crisis fueled fears about the demand outlook for oil. But one analyst believes oil prices are headed higher, with markets already pricing in the worst case for the global economy.
McMoRan Exploration saw heavy option activity last month and yesterday drew more upside buyers.
Weighing in on why the number of offshore drilling rigs have moved outside of the Gulf, significantly decreasing jobs, with James Tisch, Loews president/CEO.
CNBC's Brian Shactman reports on a place where McDonald's pays $15 an hour and trucking jobs pay six-figures.
When energy prices reach 17% of GDP we almost always see a recession. Discussing the decline in crude oil and where gasoline prices are headed, with Joe Petrowski, The Cumberland Gulf Group CEO.
By some estimates, shale gas reserves in China could be bigger than those in the U.S. and Royal Dutch Shell hopes to be a major player in the market.
An increase in summer driving, particularly in the northeastern U.S., provided "a nice pickup in demand" for gas prices, Gulf Oil CEO Joe Petrowski told CNBC Monday.
Goldman Sachs noted yesterday (Wednesday) that the energy sector has been outperforming in the last week, and the investment bank is looking for that trend to continue.