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The European Commission investigation into the possible manipulation of energy price benchmarks has widened, with Brussels seeking new information from trading houses, the FT reports.
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What's wrong with this picture? Crude oil is on a tear, but ExxonMobil shares have barely budged in NINE months. Can tomorrow's earnings knock the oil giant out of its trading range?
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Stocks closed mixed in thin trading Tuesday as the tide turned in technology's favor. Airline stocks rose as oil prices receded. Merck skidded after an FDA rejection.
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Stocks pushed higher Tuesday despite concerns about interest rates ahead of the Federal Reserve's decision. Merck skidded after an FDA rejection. Airline stocks rose as oil prices receded.
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Stocks declined Tuesday amid concerns about interest rates and a slide in consumer confidence. Merck dragged on the Dow industrials after the FDA rejected a key cholesterol drug.
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Tuesday could be another wait-and-see day in the markets as investors count down to the Fed's Wednesday afternoon interest rate announcement. But it may be earnings news that has the biggest sway over stocks.
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Stocks finished flat Monday as concerns about the Federal Reserve's rate decision in a couple of days kept a lid on activity generated by merger buzz.
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Stocks ticked higher Monday amid merger buzz but index gains were modest as the market awaits the Federal Reserve's rate decision later this week.
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Stocks retreated after an early pop Monday as the early market buzz was all about deals and deal makers.
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Exxon Mobil, Royal Dutch Shell and BP are expected to report bumper first-quarter profits next week, thanks to record crude prices, but $110 per barrel oil will also squeeze refining profits and delay a return to oil production growth.
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Oil settled up over $118 -- down from its intra-day high above $119 -- aafter a workers strike cut production in Nigeria and tensions rose between the United States and Iran
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China has accumulated a stake of just under 1 percent in BP, raising fresh questions about Beijing's strategy for investing its huge foreign currency reserves.
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Two of the world’s biggest oil companies, BP and ConocoPhillips, will spend billions to build a pipeline from the North Slope to feed energy-hungry markets in the United States and Canada, the New York Times reports.
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Cramer makes the call on viewers' favorite stocks.
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Are hedge funds and investment banks unfairly driving up fuel costs for families in the U.S. -- or are soaring energy prices the result of a strong global economy and a free financial system? Industry officials are debating the question -- and will present their arguments to CNBC on Thursday.
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Cramer makes the call on viewers' favorite stocks.
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Democrats think they have a revenue-neutral solution: shift some $18 billion in subsidies now helping the bottom line of the oil and gas industry to fledging green industries – wind, solar and alternative fuels.
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Cramer makes the call on viewers' favorite stocks.
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The concept of "peak oil" could be thrown out the window if vast offshore and unconventional sources can be developed. Two experts weigh in on the subject.
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Stocks clawed their way back to close higher Wednesday after a rollercoaster day of trading loaded with news.
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Stocks pulled back in afternoon trading Wednesday, led by financials, as news on Ambac trickled out.