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  • Iran: Closing Hormuz Strait to Deal With EU's Embargo? Tuesday, 24 Jan 2012 | 12:00 PM ET
    This satellite image shows the Strait of Hormuz, between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz runs between Iran and United Arab Emirates.

    Iranian authorities have reacted to the decision by the European Union on an embargo by calling for an immediate halt to oil sales to the continent. In a statement on its website, the Iranian Oil Ministry described the European Union’s decision as “hasty” and “a political game”.

  • Commodities Next Week: EU's Iran Embargo & Oil Prices

    CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil, natural gas and precious metals are likely headed next week.

  • Natural Gas Outlook: How Low Can it Go? Thursday, 19 Jan 2012 | 4:00 PM ET
    Natural Gas Outlook: How Low Can it Go?

    CNBC's Sharon Epperson reports on the continuous slide in natural gas prices, now at a 10-year low, and how investors who bet on a bounce are getting burned.

  • Inflation Falls in World's Top Oil Exporter Tuesday, 17 Jan 2012 | 9:56 AM ET
    Main roads in Riyadh are decorated with national flags and portraits of King Abdullah bin Abdul Aziz of Saudi Arabia on February 21, 2011 amid preparations to welcome the Saudi royal back as he is expected to return home later this week after convalescing in Morocco from operations in New York, according to a source close to the oil-rich Gulf monarchy. AFP PHOTO/FAYEZ NURELDINE (Photo credit should read FAYEZ NURELDINE/AFP/Getty Images)

    Inflation in the world’s top oil exporter Saudi Arabia has slowed to a four-year low of 5 percent in 2011, despite a significant ramp-up in government spending in the wake of the Arab Spring.

  • Iran Studying 'Hormuz Letter,' Warns Gulf Producers Monday, 16 Jan 2012 | 4:46 AM ET
    Straight of Hormuz map

    The Iranian Foreign Ministry has confirmed it has received a letter from the United States concerning the Strait of Hormuz, “via three different channels.” Authorities were considering whether to reply, although the contents of the letter were not divulged.

  • Iran Tension Will Keep Oil Prices High: Analyst Tuesday, 10 Jan 2012 | 6:30 AM ET
    Iranian navy conducts the "Velayat-90" naval wargames in the Strait of Hormuz in southern Iran on January 1, 2012. Iran defiantly announced that it had tested a new missile and made an advance in its nuclear programme after the United States unleashed extra sanctions that sent its currency to a record low.

    The tensions over Iran and threats from the West to apply sanctions on Iranian oil will see crude prices facing more of an upside risk in the near future, a commodities analyst told CNBC.

  • Euro Impact on Oil Tuesday, 10 Jan 2012 | 6:30 AM ET
    Euro Impact on Oil

    The fundamentals in the market are most likely to get more bearish because of the situation in Europe, says Michael Lynch, Strategic Energy & Economic Research president, who also adds any headlines coming out of the Middle East will spark concerns from traders.

  • Straight of Hormuz satellite image

    If Iran were to shut down the Strait of Hormuz, Brent crude would surge to between $150 and $200 a barrel, according to an oil analyst with Societe Generale.

  • Iran Looks to Venezuela as it Scrambles for Allies Monday, 9 Jan 2012 | 8:32 AM ET
    This satellite image shows the Strait of Hormuz, between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz runs between Iran and United Arab Emirates.

    Iranian President Mahmoud Ahmadinejad’s five-day tour of Latin American countries comes at a time of rising tensions with the United States and growing international isolation. The US State Department described Iran’s search for friends as “desperate,” while US Treasury Secretary Timothy Geithner is expected to ratchet up the pressure in a visit to China and Japan.

  • What OPEC, the IEA Say About an Iran Embargo Thursday, 5 Jan 2012 | 6:28 AM ET
    Iranian Oil Imports.jpg

    Any European embargo of oil imports from Iran would have a direct effect not just on Iran, but also on the most prominent consumers of Iranian oil and refiners in the Mediterranean, according to a series of recent reports.

  • Can Iran Close the Strait of Hormuz? Wednesday, 4 Jan 2012 | 4:57 AM ET
    This satellite image shows the Strait of Hormuz, between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz runs between Iran and United Arab Emirates.

    The anxious exchange of statements and explicit threats between the U.S. and Iran mark a notable escalation and leave the energy markets struggling to understand the implications.

  • Oil Forecast 2012 Tuesday, 3 Jan 2012 | 7:47 AM ET
    Oil Forecast 2012

    Oil is as low as it is going to go, says Joe Petrowski, Gulf Oil CEO, who shares his forecast on whether there will be a major fluctuation in the price of oil due to the decisions in the Middle East.

  • Oil refinery

    Embattled Swiss-based oil refiner Petroplus has obtained a provisional financing agreement with its lenders while they negotiate a solution to keep the debt-laden group afloat, a source close to the matter said on Friday.

  • uss george washington

    If Iran shuts the Strait of Hormuz "that would be cataclysmic for the oil price and the economy, particularly if they figure out a way to shut it down for an extended period," says former Shell executive John Hofmeister.

  • Rising Geopolitical Tensions Threaten Oil Supplies Tuesday, 27 Dec 2011 | 7:22 PM ET
    saudi_oil_200.jpg

    Oil prices are bubbling higher on concerns geopolitical risks to global oil supplies are rising, amid an increase in sectarian violence in Iraq and as Iran reacts to the prospects of increased sanctions.

  • Commodities Tomorrow Tuesday, 27 Dec 2011 | 4:00 PM ET
    Commodities Tomorrow

    CNBC's Mary Thompson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.

  • Commodities Outlook 2012 Friday, 23 Dec 2011 | 4:00 PM ET
    Commodities Outlook 2012

    CNBC's Sharon Epperson discusses activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next year.

  • Commodities Tomorrow Wednesday, 21 Dec 2011 | 4:00 PM ET
    Commodities Tomorrow

    CNBC's Bertha Coombs discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.

  • Your Currency Trade for Oil's Move Friday, 16 Dec 2011 | 9:08 PM ET

    Global economics may be pushing oil lower, but this strategist says political forces will limit its fall, and she has a trade on that view.

  • Can Retail Bright Spot Make Up for Europe Gloom? Thursday, 15 Dec 2011 | 9:38 PM ET
    woman-gifts-holiday-2-200.jpg

    With one final shopping week to go, investors will be keeping their eye on the consumer to see how holiday sales shake out and what it might mean for the economy.