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    Societe Generale raised its 2012 forecast for Brent crude to $127 a barrel from $110 prior, citing lower global stockpiles and tighter OPEC spare capacity.

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    New information suggests that Iran’s oil production may not have fallen as much as other industry reports have speculated. The latest publication of data by the Joint Organizations Data Initiative (JODI) published on Sunday showed Iran produced 3.72 million barrels per day in January, marking the highest output since December 2008.

  • Asia Seen Driving Oil Demand in 2012: IEA Wednesday, 14 Mar 2012 | 6:48 AM ET
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    The Asia region is expected to drive demand for oil over the course of the year, according to the latest International Energy Agency report.

  • ExxonMobil CEO Rex Tillerson   Friday, 9 Mar 2012 | 12:00 AM ET
    ExxonMobil CEO Rex Tillerson

    ExxonMobil CEO Rex Tillerson and IHS CERA chairman Daniel Yergin discuss the roles of government and the private sector in energy development and creating a climate for investment in new technologies. From CERAWeek, the world's premier energy conference.

  • Major Powers Agree to Demand Access to Iran Sites Thursday, 8 Mar 2012 | 6:51 AM ET
    Iran Nuclear site

    Major powers called on Iran to enter "serious dialogue" over its contested nuclear program "without pre-conditions", in a joint statement issued on Thursday following extensive deliberations in Vienna.

  • Commodities Tomorrow: Oil Down Nearly 2 Percent   Tuesday, 6 Mar 2012 | 4:00 PM ET
    Commodities Tomorrow: Oil Down Nearly 2 Percent

    CNBC's Bertha Coombs discusses the day's activity in the commodities markets and what's driving oil. Today, concerns over Iran seemed to wane, which helped drive prices down.

  • GOP Needs to Fight Obama, Not Each Other: Trump Tuesday, 6 Mar 2012 | 11:39 AM ET
    Donald Trump

    It's time for the Republican presidential candidates to stop fighting each other and take on President Obama, real estate mogul Donald Trump told CNBC Tuesday.

  • Why Gas Prices Aren't Likely to Hit $5 This Summer Tuesday, 6 Mar 2012 | 10:41 AM ET
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    "There's nothing inevitable about it," one economist says about the widespread predictions about $5 gas. "To a large extent it depends on what happens in the Middle East."

  • Brent Crude Futures at Highest Level in 4 Years   Thursday, 1 Mar 2012 | 4:00 PM ET
    Brent Crude Futures at Highest Level in 4 Years

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

  • Mahmoud Ahmadinejad, president of Iran

    Iranians head to the polls on Friday for the first time since disputed presidential elections in 2009, and although most experts do not believe this week's parliamentary elections will witness similar tension, it may still prove a crucial turning point in a domestic power struggle that has been in the making for years.

  • Commodities Tomorrow: Huge Plunge in Gold & Silver   Wednesday, 29 Feb 2012 | 4:00 PM ET
    Commodities Tomorrow: Huge Plunge in Gold & Silver

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

  • OPEC Leaders Are ‘Laughing at Us’: Donald Trump Tuesday, 28 Feb 2012 | 11:07 AM ET

    The leaders of OPEC are "sitting around their table, setting the price of oil and laughing at us because we have no leadership," real estate mogul Donald Trump told CNBC Tuesday.

  • Commodities Tomorrow: High Oil Prices Seen Impeding Economic Recovery

    CNBC's Sharon Epperson takes a look at how the surge in oil prices, despite Monday's pause, could impede the economic recovery in the U.S. and around the world.

  • Commodities Next Week: Oil Surges 6 Percent this Week

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

  • Commodities Tomorrow: What's Driving Oil?   Tuesday, 21 Feb 2012 | 4:00 PM ET
    Commodities Tomorrow: What's Driving Oil?

    CNBC's Bertha Coombs discusses the day's activity in the commodities markets. The impact of Iran on oil's recent climb.

  • Pickens: Cheapest Energy in World in U.S.   Wednesday, 15 Feb 2012 | 5:15 PM ET
    Pickens: Cheapest Energy in World in U.S.

    "We're a country awash in natural gas," says Boone Pickens, BP Capital Management.

  • Get Ready for $5 Gas This Year: Ex-Shell CEO Friday, 10 Feb 2012 | 12:36 PM ET
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    John Hofmeister, founder of Citizens for Affordable Energy and the former CEO of Shell Oil's U.S. operations, warned there is a "better than 50 percent chance" the price of gas will spike to $5 a gallon on continued heavy demand in emerging markets and poor public policy at home.

  • Commodities Tomorrow: Oil Tops $99 a Barrel   Tuesday, 7 Feb 2012 | 4:00 PM ET
    Commodities Tomorrow: Oil Tops $99 a Barrel

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

  • Saudis Aren't Keeping Lid on $100 Oil Price Everywhere Tuesday, 7 Feb 2012 | 11:16 AM ET

    Despite pronouncements by Saudi royalty and oil officials that that country will not let the price of oil go above $100 a barrel, Brent crude prices now appear poised to breach $120 a barrel.

  • BP to Keep Dividend Policy If Oil Rises: CEO Tuesday, 7 Feb 2012 | 6:13 AM ET
    Bob Dudley, the Executive Director of BP, arrives at their headquarters in St James's Square on July 26, 2010 in London, England.

    BP will continue its raised dividend policy on the back of higher profits for the oil company as long as oil prices continue their upward trajectory, the company's CEO Bob Dudley told CNBC Tuesday.