Australia has several characteristics conducive for commercializing its shale-rich regions.» Read More
Kidnappings, explosions, rigged elections – events such as these should be enough to scare off any foreign company. But several countries in Africa presents such irresistible growth opportunities, companies are willing to face very serious risks. Click here to find out which volatile nations are attracting big money.
Today President Bush took a major step toward slashing US dependence on foreign oil. He ordered new regulations that would reduce gasoline consumption and greenhouse gas emissions from automobiles; effective 2008. What’s the future of gas in the United States and how can you trade it today?
Here's our Fast Money Final Trade. Our guys give you Monday's best trades, tonight!
The guys go behind the headlines and give you their take on... where they see construction picking up ... why shares of video game makers are falling... and more. Find out where they're making fast money.
Cramer’s been recommending the refiners for a while, but he’s shifting position today.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
There are increasing worries that Nigerian oil production could fall even further at the end of the month if militants succeed with threatened attacks, planned to coincide with the handover of power from President Matthew Olusegun Aremu Obasanjo to his successor on May 29, sources and traders in the energy industry said Wednesday.
U.S. crude oil futures fell on Monday, but only after bouncing off early lows on news of aGulf Coast refinery snag and upcoming work.
U.S. crude oil futures fell more than a dollar as RBOB gasoline faltered after rising early, triggering profit taking in the crude oil market and the rest of the oil futures complex, according to traders and analysts.
Days after the Dow first crossed 13,000 the S&P closed above 1500, a level not seen in nearly 7 years. However, concerns are swelling that the market has reached its top. With a crucial jobs report looming, is it time to brace yourself for a pull back?
U.S. crude oil futures ended lower for the fourth consecutive session, as Nigerian militants freed several hostages taken from an Italian-operated oil field.
U.S. crude oil fell 2% on Tuesday on expectations of rising supplies and a rebound in refinery throughput ahead of summer driving season in the United States, the world's biggest market.
CNBC’s Trish Regan reports that major oil companies have transferred operational control of one of the world’s richest oil fields to Venezuelan President Hugo Chavez.
Stocks posted their fourth straight week of gains, pushing the Dow Jones Industrial Average to its third record close in row. The markets were boosted by better-than-expected corporate earnings, which managed to outweigh a weaker-than-expected estimate of first-quarter economic growth.
Chevron's first-quarter earnings rose on a one-time gain from the sale of a refinery, the No. 2 U.S. oil company said.
U.S. crude oil futures ended a choppy session lower as traders booked profits. Earlier in the day, prices jumped above $66 a barrel amid a flurry of refinery glitches. A string of refinery outages in the United States, coming on the heels of a long and extensive maintenance season, has drained gasoline stocks as the giant market gears up for driving season.
Robert Morris, oil and gas analyst at Banc of America Securities, told CNBC’s “Morning Call” that major oil companies such as Exxon-Mobil, Chevron and ConocoPhillips are still good investments.
Wal-Mart, the world's largest retailer, has reclaimed its position as the largest corporation in the U.S. among the Fortune 500, pushing Exxon Mobil down to number two. With more than $351 billion dollars in revenue, the magazine ranks Wal-Mart slightly ahead of the energy giant. Wal-Mart is on top for the fifth time in six years.
Stocks prices are soft ahead of the open, following a slide in Europe and Asia on yesterday's comments from the Fed.
Forget the Middle East. There’s an oil cartel in the U.S. that’s controlling the market and taking advantage of consumers, one critic told CNBC’s Liz Claman on “Morning Call.”
The chief executive of Dow Chemical on Tuesday shot down speculation that the company is in talks with private equity for a leveraged buyout. “We are not in discussions with anyone in LBO,” Andrew Liveris told CNBC’s David Faber.