July 18- General Electric Co reported a 13- percent jump in quarterly net income Friday on improved sales of its jet engines and oil and gas equipment, and said it was targeting the initial public offering of its private-label credit-card business for the end of the month.» Read More
Is President Obama playing politics by delaying a decision on the proposed Keystone XL oil pipeline? Sen. David Vitter, (R-LA), and Rep. Peter Welch, (D-VT)., weigh in.
Energy is following equities on US and EU debt concerns, reports CNBC's Bertha Coombs.
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.
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.
Mad Money's Jim Cramer, discusses profiting from an oil and gas drilling boom in the U.S., with Frank Semple, MarkWest Energy Partners chairman/CEO.
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.
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.
Russell Girling,TransCanada president/CEO provides insight on the proposed expansion of the Keystone XL pipeline, and the jobs that come along with it.
CNBC's Bertha Coombs has the details on whether the Obama administration will give the final approval to build the $7 billion Keystone XL project.
Brian Uhlmer, sr. oilfield services analyst at Global Hunter Securities, discusses the direction of black gold, as commodities pullback.
Mad Money host Jim Cramer explains running an oil pipeline is like operating a toll road, and it has less exposure to commodity price risk, interest rate risk, or foreign exchange risk. Discussing where ENB is headed and its future growth plans, with Patrick Daniel, Enbridge CEO.
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.
CNBC's Bertha Coombs takes a look at where oil is headed, with Jeff Grossman, BRG Brokerage.
This stock got taken down with the pullback, even though the underlying company is intact, the "Mad Money" host said.
Oil prices are heading back towards the $80 - $100 a barrel sweet spot which will boost oil stocks and take pressure off the global economy, according to Jens Zimmermann, a senior equity analyst at ABN AMRO Private Banking in Zurich.