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  • Schork Oil Outlook: Has Oil Market Bottomed Out? Friday, 5 Aug 2011 | 11:12 AM ET

    Which technical indicator did crude oil not break yesterday? We closed the Egypt/Libya contagion gap from February, the Relative Strength Index (RSI) has now crossed into over-sold territory of 18.33 and the Erlanger Trend Direction crossed from a red bar above the center line (a pull-back) to a red bar below the center line (a downtrend).

  • Allianz Not Worried About Italy  Friday, 5 Aug 2011 | 10:35 AM ET

    "We are not worried about Italy, we think this is a panic and unfounded fear," Oliver Baethe, chief financial officer at Allianz told CNBC. He added Allianz's exposure to the peripheral debt was now "fairly limited." "We have about 5 billion euros in exposure to the peripheral countries, the largest one of that left is Spain. On all the other ones its much smaller the net unrealised losses on all of the periphery portfolio is around 700 million," he said.

  • Commodities Tomorrow  Thursday, 4 Aug 2011 | 4:00 PM ET

    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.

  • Schork Oil Outlook: Bullish Over the Very Long Term Tuesday, 2 Aug 2011 | 9:49 AM ET

    Domestic GDP growth for Q2 fell well below expectations. Is the recovery – already slow – grinding to a halt? Or was the drop in dollar terms due simply to a sharp sell-off in energy prices? While we would love to say the latter, the truth lies in parts of both.

  • CHK CEO Talks Future of Nat Gas  Monday, 1 Aug 2011 | 6:15 PM ET

    Chesapeake chairman & CEO Aubrey McClendon, discusses what role natural gas would play in potential US energy independence.

  • Schork Oil Outlook: Follow the Money Friday, 29 Jul 2011 | 10:29 AM ET

    Over the last month implied volatility in the oil market, as measured by the CBOE’s oil volatility index (OVX), had trended steadily lower. The reduction in the costs of uncertainty, as it were, is a function of the one-sidedness of the bullish trend over this period.

  • Schork Oil Outlook: $120 Oil—What Are the Chances? Tuesday, 26 Jul 2011 | 10:26 AM ET

    Another clear sign that attempts by oil-consuming nations to manufacture lower prices (without addressing long-standing structural constraints in physical cost drivers) has failed miserably.

  • An increase in summer driving, particularly in the northeastern U.S., provided "a nice pickup in demand" for gas prices, Gulf Oil CEO Joe Petrowski told CNBC Monday.

  • Commodities Tomorrow  Wednesday, 20 Jul 2011 | 4:00 PM ET

    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.

  • WTI prices broke past the 99.00 level on the day, but was this due to the DOE report or Ben Bernanke?

  • Chesapeake Energy is spending $1 billion on a three-pronged plan to  "break the headlock" of OPEC oil dependency, CEO Aubrey McClendon told CNBC Tuesday.

  • Global Economy Balancing 100 Days of Oil Above $100  Tuesday, 12 Jul 2011 | 10:56 AM ET

    August Brent crude futures, while down nearly 1 percent from Monday’s close, remain solidly above $115 a barrel and mirror the relative strength of the OPEC basket price.

  • Chesapeake's Plans for Fueling the Future  Tuesday, 12 Jul 2011 | 6:46 AM ET

    Unveiling new investments in the natural gas infrastructure, with Aubrey McClendon, Chesapeake Energy chairman/CEO.

  • Shell, Mitsubishi Expected to Sign Iraq Gas Deal Monday, 11 Jul 2011 | 12:20 PM ET
    Natural Gas

    The Iraqi government is expected to sign a $12 billion gas deal with Royal Dutch Shell and Mitsubishi Corp on Tuesday, Dow Jones reported.

  • Schork Oil Outlook: Is This What the IEA Intended? Friday, 8 Jul 2011 | 1:42 PM ET

    Energy prices were mixed yesterday….The DOE released disappointing storage data for both crude oil and natural gas, but Henry Hub gas futures were the only market to sell off. WTI rose, but lagged behind the products.

  • Bahrain skyline

    Bahrain began its highly-anticipated National Dialogue this week in an effort to restore confidence both domestically and internationally that the Kingdom is committed to working through issues that sparked unrest within its borders in mid-February.

  • Venezuelan President Hugo Chavez speaks at Latin American summit

    Venezuelan President Hugo Chavez's appearance at independence day celebrations on July 5 has calmed speculation that a change of government is imminent in the country, but it has highlighted the extent of his personal control in the world's eighth-largest oil exporter, analysts told CNBC.com.

  • Schork Oil Outlook: Sequel to 2008 Disaster Movie? Thursday, 7 Jul 2011 | 12:42 PM ET

    The EUR/USD cross has failed to hold support, but crude oil has yet to respond. The euro currency is down 1½% thus far this week against the U.S. dollar. Given the strong correlation between the EUR/USD and oil (Brent) prices, 0.8249 as of last week, it would not have been unreasonable to expect knock-on weakness to crude oil values.

  • Schork Outlook: Why NatGas Prices Won't Rise Wednesday, 6 Jul 2011 | 10:01 AM ET

    The latest EIA data does nothing to change our mind.

  • Schork Oil Outlook: US Has No Energy Strategy Friday, 1 Jul 2011 | 4:58 PM ET

    Spot Nymex crude oil for August delivery settled last night at 95.42, 1 penny above the settle for Wednesday, June 22nd, the day prior to the IEA’s thinly veiled attempt to control price. Brent oil futures closed last night at 112.48. That is still 1.73 or 1½% below the close for June 22nd, but it is 7.36 (!) or 7.0% (!) above last Friday’s settle.