SINGAPORE, Dec 11- U.S. oil futures traded at their highest in six weeks above $98 a barrel on Wednesday after U.S. data showed a larger-than-expected drop in crude inventories.» Read More
Money is flowing back into crude oil with futures near ninety dollars a barrel. Dan Dicker, MercBloc, LLC weighs in on what it means for refiners and how to trade it.
East Coast refineries process about 1.3 million barrels per day, with CNBC's Sharon Epperson.
The "Fast Money" traders discuss possible ways to trade this massive storm.
The hurricane is posing a threat to the eight oil refineries on the East Coast, with Charles Drevna, National Petrochemical and Refiners Association.
North Dakota is experiencing a modern day energy boom, with CNBC's Brian Shactman.
A look at how oil prices will impact refining stocks, with Sam Margolin, Dahlman Rose & Co.
A look at the energy company's exploration and production prospects, with Duane Grubert, Susquehanna Financial.
As the price of crude oil has surged in the last year, several big oil stocks have followed suit. The next quarter will likely deliver good news again for these stocks, said one analyst—but another suggested examining how companies react to oil's rise before investing in them.
CNBC's Phil Lebeau has more on the move in transportation stocks due to the fall in oil and Brent.
The “old” politics of Opec, which split the cartel and marred its influence in the oil market of the 1990s, have made an unexpected return after a decade-long absence. The FT reports.
Saudi Arabia has been quietly increasing its crude oil production ahead of Wednesday’s meeting of the Opec oil cartel, in a sign that Riyadh is trying to bring oil prices down to more comfortable levels for consumers in the US, Europe and China. The FT reports.
The price at the gas pump will fall from the current $3.80 per gallon national average to $3.50 or lower by July 4, Gulf Oil Chief Executive Joe Petrowski told CNBC Thursday.
CNBC's Brian Sullivan reports on the flooding in Louisiana and its impact on oil refineries, barges and the regional economy.
Discussing the flood's risk to refineries, pipelines and energy prices, with Jamie Webster, PFC Energy.
The latest details on the flooding surrounding the Mississippi river and its economic impact in the area,with CNBC'S Brian Sullivan.
Insight on what flooding means for oil and refiners, with Pavel Molchanov, Raymond James, and Jeff Grossman, BRG Brokerage.
Key Spillway opened to channel water away from Mississippi River, with CNBC's Brian Sullivan.
A look at the ripple effect the Midwest floods are having on the economy, with CNBC's Brian Sullivan.
The commodities market witnessed a volatile five days last week with silver a major loser. Some analysts were predicting the losses for silver would lead losses in other commodities like oil, which saw the WTI contract drop below $100 a barrel.
CNBC's Jane Wells with a look at the unusually low gasoline inventories and what it means for prices at the pump during the summer driving season.