*Libya loads second cargo at largest port Es Sider. LONDON, Aug 22- Brent crude oil futures drifted lower on Friday, further below $103 a barrel, as a strong dollar and plentiful supplies continued to pressure prices. "We've reached a stage where the market is looking to stabilise a bit," said Ole Hansen, senior commodity strategist at Saxo Bank.» Read More
Though Turkey was one of several countries to receive a temporary waiver from U.S. sanctions, it is looking to Saudi Arabia and Libya for crude oil, as well as a number of other energy sources.
Disgruntled tribesman seeking more economic development are also responsible for violence against the oil industry.
"Our new refinery was built to serve U.S. markets first," says Peter Voser, Royal Dutch Shell CEO, discussing his company's expansion of the Motiva refinery, and the outlook on oil prices, with CNBC's Sharon Epperson.
Learn why the price of gas has not followed the substantial drop in oil prices.
Mad Money's Jim Cramer weighs in on whether opportunities still exist for investors now that ConocoPhillips and Phillips 66 are two separate companies.
Greg Smith, Group CEO, Global Commodities says reasonable target for oil on a one to two year horizon is $150-$180/bbl.
Jonathan Barratt, Founder, Barratt's Bulletin says copper is likely to have a good run. He sees copper prices rising by 10-15% or higher.
David Hewitt, Co-Head of Global Oil & Gas Equity Research, Credit Suisse told CNBC that rising Brent oil prices in the next couple of years will impact Sinopec's bottom line. He has slashed the company's 2014 net profit forecast by 58%.
CNBC's Kate Kelly reports Delta Air Lines has worked a deal with JPMorgan.
The U.S. 10-year has dipped to 1.979% and Fast Money contributor Jeff Kilburg weighs in on whether this presents a buying opportunity. Dan Dicker, Merc Bloc, also breaks down the bullish call on Valero Energy.
Delays to the restart of Japan's nuclear power reactors may mean the country's already 'elevated' fossil fuel consumption could rise further this summer, Deutsche Bank said in a report.
Delta Air Lines spacer is in advanced talks to purchase an East Coast oil refinery for more than $100 million, according to people familiar with the matter.
Carl Icahn, Icahn Enterprises chairman, discusses his tender offer for CVR Energy, and now holds 69% of the company's shares. Icahn also weighs in on whether Amylin Pharma should be sold, and reveals his thoughts on RIMM, with the Fast Money traders.
Is oil a buy or sell right now? Darren Wolfberg, BNP Paribas director of energy trading, says he is staying bullish on oil for the long-term.
The Strategic Petroleum Reserve could still be used to adjust the price of oil, says John Hofmeister, former Shell Oil president/CEO of U.S. operations, who says the SPR is supposed to be a strategic reserve for national security reasons.
Insight on what would happen to oil and gas prices if the threatened conflict with Iran became a reality, with John Gerdes, Canaccord Genuity.
Check out the full conversation!
The U.S. can be energy independent in fewer than 10 years if it keeps developing domestic oil and shale gas fields, a TransCanada official told CNBC Tuesday.
Discussing some short term plans to reduce oil and gas prices, with T. Boone Pickens, BP Capital Management founder/CEO, who says the U.S. has the cheapest energy in the world.
Gasoline prices are rising, currently averaging $3.72 a gallon. That means there’s opportunity for investors in drilling and refinery company stocks, Sterne Agee analyst Tim Rezvan told CNBC Monday.