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Energy

  • Oil slipped to $49 a barrel on Wednesday as the dollar strengthened and a report showed a larger-than-expected rise in U.S. crude inventories.

  • The oil storage depot at Indonesian oil company Pertamina in Jakarta

    Energy stocks eventually will go back up unless the global economy collapses. But don't overthink your basis for a rebound bet.

  • Sen. John McCain (R-AZ) talks to reporters after a closed door briefing June 4, 2014 on Capitol Hill in Washington.

    Returning from Saudi Arabia, Sen. John McCain tells CNBC he's most concerned about the threat posed by Iran.