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  • Ticking time bombs: Where oil's fall is dangerous Tuesday, 16 Dec 2014 | 10:13 AM ET
    Venezuela is one of the nations most threatened by civil unrest resulting from low oil prices. The Latin American nation has already experienced discord this year, as shown in this image of protesters in Caracas in February.

    Lower oil prices are good for some countries and bad for others. In a few, things could get ugly.

  • *Russi energy min shares OPEC view market will stabilize itself. A near- $20 drop in prices since OPEC declined to cut output at a Nov. 27 meeting has yet to prompt the Gulf members- who overruled calls for output cuts by poorer members such as Venezuela- to reverse course. Russia has said it would not cut production even if oil prices fell below $60 per barrel- far below...

  • Qatar energy minister: OPEC monitoring oil's slide Tuesday, 16 Dec 2014 | 9:23 AM ET

    DOHA, Qatar— Qatar's energy minister says OPEC is monitoring the drop in oil prices closely following a months-long slide that has left crude trading at its lowest point in more than five years. Energy and Industry Minister Mohammed bin Saleh al-Sada told reporters in Doha on Tuesday that OPEC is "watching the market closely," but he gave no indication the bloc...

  • Here's the scary thing about oil's decline  Tuesday, 16 Dec 2014 | 8:08 AM ET

    Pavel Molchanov, Raymond James, Stephen Schork, Schork Report editor talk about oil's impact on natural gas.

  • DOHA, Dec 16- Russia said on Tuesday it would not cut oil output to help prop up prices and refrained from calling on OPEC to do so despite its economy showing signs of severe stress and its currency collapsing to record lows. Oil prices dropped to near $59 per barrel on Tuesday for the first time since 2009 after OPEC member the United Arab Emirates reinforced on...

  • *Russia hikes interest rates as rouble collapses. *Russia won't cut oil output, no sign of any OPEC action. International benchmark Brent crude has almost halved since reaching a 2014 high of $115 a barrel in June on ample supply and slowing demand, and a switch in strategy by exporter group OPEC to defending market share rather than prices.

  • Oil price decline is good for agriculture too!  Tuesday, 16 Dec 2014 | 5:10 AM ET

    Martin Richenhagen, CEO of AGCO, an agricultural machinery company discusses, how the falling price of oil is good for his company and how the sector must adapt to changing diets in emerging markets.

  • TOKYO, Dec 16- The Russian rouble rebounded from record lows on Tuesday after the Russian central bank hiked interest rates to halt a collapse in its currency, while the backdrop of falling oil prices and concerns over global growth supported the safe-haven yen. U.S. crude futures fell 3.3 percent on Monday after OPEC once again said it will not cut oil output...

  • NYMEX-U.S. crude holds near 5-year low below $56/bbl Monday, 15 Dec 2014 | 7:02 PM ET

    TOKYO, Dec 16- U.S. crude futures were trading on Tuesday below $56 a barrel and near a 5- year low hit in the prior session, dropping for a fifth session after the UAE oil minister said there was no need for an emergency OPEC meeting to support prices. *NYMEX crude for January delivery was down 22 cents at $55.69 a barrel by 2334 GMT, after settling down $1.90, or 3.3...

  • US oil settles at lowest since May 2009 Monday, 15 Dec 2014 | 4:09 PM ET
    A worker pours liquid oil into a barrel at the delayed coker unit of the Duna oil refinery operated by MOL Hungarian Oil and Gas Plc in Szazhalombatta, Hungary.

    Crude prices came under renewed pressure on Monday, and Brent hit five-year lows of nearly $60 a barrel and U.S. oil prices fell below $56 a barrel.

  • Commodities tomorrow: Oil's increasing market toll  Monday, 15 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Another volatile day for crude as WTI and Brent were both down on the day.

  • *Oil prices fall to five-year lows on OPEC output decision. An early rebound in oil prices faded after OPEC exporters said they would not cut production despite worries about a supply glut. That's weighed on stocks and put a bid back in Treasuries, "said Ian Lyngen, senior government bond strategist at CRT Capital Group in Stamford, Connecticut.

  • *Oil prices fall to fresh five-year lows on OPEC output decision. An earlier rebound in oil prices faded after OPEC exporters said they wouldn't cut production despite worries about a supply glut. That's weighed on stocks and put a bid back in Treasuries, "said Ian Lyngen, senior government bond strategist at CRT Capital Group in Stamford, Connecticut.

  • *No need for OPEC meet to help prices- UAE oil minister. NEW YORK, Dec 15- Crude prices came under renewed selling pressure Monday after OPEC said it would not cut oil output despite fears of a glut, and a UAE official opposed holding an emergency meeting of the producer group to fix prices. "You have all these OPEC officials reiterating they are not going to cut...

  • Why oil is down by half, what it means for you Monday, 15 Dec 2014 | 12:33 PM ET

    To put that in perspective, that increase alone is more than the production of any OPEC member other than Saudi Arabia. A balance was struck: Increasing supplies from outside of OPEC and from Iraq's recovering oil industry helped meet rising demand around the world as other OPEC supplies waivered. But now those OPEC supplies look more certain despite...

  • *OPEC repeats intention to keep output steady despite glut. NEW YORK, Dec 15- Crude prices came under renewed pressure on Monday, and Brent hit five-year lows of nearly $60 a barrel after producer group OPEC said it would stick to its decision not to cut output despite fears of a world awash in oil. But oil later gave up its gains, with Brent turning negative and U.S....

  • *Wall Street dips as stocks track crude prices lower. Stocks on Wall Street opened higher but soon retreated as crude oil prices gave up early gains after the Organization of the Petroleum Exporting Countries restated its determination not to cut output despite a global energy glut. "There's a lot of things going on, but most of them are driven off the drop in oil...

  • Gasoline average nears $2.50  Monday, 15 Dec 2014 | 9:50 AM ET

    CNBC's Jackie DeAngelis reports crude oil sits at fresh 5-year lows and the national average for gas is at $2.54.

  • *OPEC repeats intention to keep output steady despite glut. LONDON, Dec 15- Brent crude oil hit a fresh five-year low close to $60 a barrel on Monday after producer group OPEC restated its determination not to cut output despite a global fuel glut, but the North Sea benchmark later rallied to above $62. Things will be left as is, "OPEC Secretary-General Abdullah...

  • Gauging productivity of US oil wells  Monday, 15 Dec 2014 | 6:35 AM ET

    Insight to when a decline in growth of U.S. oil production could realistically happen, with Jason Bordoff, Columbia University professor.