• Stocks Lose Confidence; GM Below $1 Friday, 29 May 2009 | 11:46 AM ET

    Stocks wobbled Friday as investors were encouraged by a jump in consumer sentiment less-bad GDP report but still remained a bit jittery. Dell shot out of the gate after beating its earnings target but other techs were slow to follow.  GM fell below $1.

  • Schork Oil Outlook: The Bulls Keep Charging Friday, 29 May 2009 | 10:20 AM ET

    The draw in gasoline raised some eyebrows, but there are signs that allow us to be cautiously optimistic, writes Stephen Schork.

  • Futures Rise After GDP Report Friday, 29 May 2009 | 8:55 AM ET

    Stock index futures indicated a higher open for Wall Street Friday after the latest GDP report showed the economic decline began to slow in the first quarter.

  • Stocks Jump Over 1% Amid Relief After Auction Thursday, 28 May 2009 | 5:28 PM ET
    Question Marks

    Stocks ended higher Thursday as crude prices climbed after an inventory pare-down and the results of the Treasury bond auction eased concerns about government debt.

  • Stocks Bounce Back as Crude Prices Climb Thursday, 28 May 2009 | 11:54 AM ET

    Stocks rebounded Thursday as crude prices climbed after inventories were pared more than expected. Stocks had gotten off to a wobbly start as investors juggled a bleak report on new-home sales with any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.

  • Stocks Fall After Housing Report; GM Jumps Thursday, 28 May 2009 | 10:28 AM ET

    Stocks retreated Thursday, after a higher open, as bleak report on new-home sales overshadowed any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.

  • Stocks Rise as Jobless Claims Drop; GM Jumps Thursday, 28 May 2009 | 10:16 AM ET

    Stocks opened higher Thursday after an unexpected drop in initial jobless claims.

  • Green Invests Here | See Complete Coverage

    Spot gasoline is dear. The market is screaming at the refiners to start processing gasoline and sell into the backwardation. Failure to take advantage today and the refiners run the risk of chasing the curve lower as we move out along the x-axis… not to mention they risk of the wrath of media savvy politicians should downstream inaction lead to higher prices at the pump for Americans through this summer and into hurricane season, writes Stephen Schork.

  • Futures Hold Gains as Jobless Claims Drop Thursday, 28 May 2009 | 8:37 AM ET

    Futures held onto gains Thursday after an unexpected drop in initial jobless claims. However, the gains were muted as Dow component P&G slashed its outlook.

  • Oil Outlook: Could OPEC Rhetoric Push Prices to $75? Wednesday, 27 May 2009 | 4:07 PM ET

    The oil market has stopped taking its cues from stocks and the dollar for the moment to focus on what's being said in Vienna ahead of Thursday's OPEC meeting.

  • Investing in Oil Not Plausible Below $70: OPEC Chief Wednesday, 27 May 2009 | 12:54 PM ET

    Investment is not economically plausible below $70 a barrel, OPEC’s Secretary General Abdalla El-Badri told CNBC Tuesday, ahead of Thursday's OPEC quarterly meeting in Vienna.

  • Schork Oil Outlook: Natural Gas Is A Market Pig! Wednesday, 27 May 2009 | 11:21 AM ET

    Yesterday the second-month out July contract eked out a 2.2 cent gain. That is rather pitiful given that residual fuel oil, per the NYMEX 1% NYH swap, was marked 20 cents higher. Despite yesterday’s higher close, July Henry Hub futures have closed lower in 7 out of the last 11 sessions. More importantly, yesterday the contract posted a lower higher and lower low for an eighth straight session, writes Stephen Schork.

  • Saudi Oil Minister: OPEC to Hold Output Steady Tuesday, 26 May 2009 | 7:43 AM ET

    OPEC is unlikely to cut output at its upcoming meeting, Saudi Arabia's oil minister said in comments published Tuesday, as indications mounted that the oil producing bloc would resist a temptation to tighten the taps despite wanting higher crude prices.

  • A New York Stock Exchange trader.

    "It's a 'show me' period, but the expectation is that the data is going to disappoint, as it mostly has for the last few weeks," said Binky Chadha, chief U.S. strategist at Deutsche Bank.

  • Bottom line, nothing changed, i.e. you can’t swing a cat without hitting a molecule of gas in the U.S. In this vein, yesterday’s reaction to the EIA report on the NYMEX is not difficult to reconcile, writes Stephen Schork.

  • Schork Oil Outlook: London Bulls Aren’t Falling Down Thursday, 21 May 2009 | 9:59 AM ET

    London bulls are shooting 3 for 3 thus far... U.S. refiners are in no apparent rush to get back to business, writes Stephen Schork.

  • Schork Oil Outlook: Clean And Green Comes At A Price Wednesday, 20 May 2009 | 9:00 AM ET

    China, the largest contributor to greenhouse gas emissions in the world, has been taking large steps to be greener. However, they now recognize that they may have more pressing issues to address, writes Stephen Schork.

  • Schork Oil Outlook: It's Illogical Tuesday, 19 May 2009 | 9:25 AM ET
    Investor Spring Cleaning - A CNBC Special Report

    The summer Natural Gas strip is trading at a significant premium to the nearby winter strip. For this point in the season that is odd. We could expect this contango in October....but to see this behavior so early in the year is, to quote everybody’s favorite Vulcan, highly illogical, writes Stephen Schork.

  • The fact that equities had a rare down week also weighed upon the energy complex. That is to say, even the equity market’s more enthusiastic Pollyannas had a hard time spinning last week’s headlines, writes Stephen Schork.

  • Schork Oil Outlook: $9.50 At The Pump Next Summer? Thursday, 14 May 2009 | 12:38 PM ET

    Another potential sign that crude oil is topping out was my appearance last Friday night on the Kudlow Report, writes Stephen Schork.