As the energy industry gathers for CERAWeek in Houston, the issue of exporting the nation's burgeoning supply of oil will top the global agenda.» Read More
As the price of oil hovered above $64 a barrel Tuesday, Barclays made sweeping changes to its price targets and ratings for some of the biggest players in the crude industry.
Stocks fell Tuesday amid growing doubts about the economic recovery. But techs and banks rose.
Futures indicated a slightly higher open for Wall Street Tuesday as doubts about the sustainability of a global economic recovery dimmed.
The leader of Canada's east coast province of Newfoundland has announced a tentative agreement to develop an offshore project estimated to contain 223 million barrels of oil.
Unemployment hit 8.9 percent in April and some predict that number could climb to over 10 percent in 2009. But how far can this streamlining really go? See the S&P 500's leanest companies.
Unemployment hit 8.9 percent in April and some predict that number could climb over 10 percent in 2009 as major companies further streamline operations to combat the recession. While some industries are more labor intensive than others, employee productivity is a key measure that managers and investors look at when evaluating performance. Take a look at which companies are squeezing the most out their shrinking workforces.
The Lightning Round is extended in this CNBC.com exclusive feature.
The Fed takes center stage Wednesday in a market that will see another deluge of earnings news. Traders are also watching for more news on the Obama Administration's plans for the TARP and the proposal to develop a "bad bank" to hold toxic assets
Stocks on Wednesday can't help but feel some of the spillover of Tuesday's euphoric upswing, as the Fed winds down its two-day meeting with an anticipated rate cut.
Gustav hasn't even made landfall, and it's already hitting consumers in the pocket book. Gasoline could jump 10 to 15 cents a gallon at the pump over the Labor Day weekend for some drivers, according to Tom Kloza, chief analyst at the Oil Price Information Service.
A chemical tanker split a fuel barge in half on the Mississippi River on Wednesday, spilling thousands of gallons of fuel oil and forcing the closure of a 58-mile (93-km) stretch from New Orleans southward that could last for days, a U.S. Coast Guard spokesman said.
Oil jumped nearly $11 today. This was the biggest $ gain in a day in NYMEX history. Here are the biggest one day % and dollar move of oil since 1983.
It's a booyah-free zone. There goes Swifty!
Stocks are mixed today, but the Dow is down more than 2.5 percent for the week. CNBC asked the pros for advice on helping investors protect their portfolios in these uncertain market times.
"I think there's lots of good ideas in a market that's difficult," George Shipp of Scott & Stringfellow told CNBC. He spoke at the end of a difficult week, following the release of difficult jobs data, with the economy and the market still facing difficult credit challenges.
Gulf of Mexico oil and natural gas producers were evacuating offshore workers and shutting small amounts of production over the weekend as they watched powerful Hurricane Dean storm across the Caribbean Sea toward an entry into the Gulf next week.
Energy companies in the Gulf of Mexico stepped up evacuations of workers Friday ahead of the first Atlantic hurricane of 2007, even as most revised forecasts showed the storm missing oil and gas installations.
Don't let the summer doldrums strike your portfolio. We've rounded up several five-star mutual fund managers to offer up on their latest strategies and best investment ideas.
U.S. oil prices finished just below $66 Wednesday as U.S. warships put on a show of force off Iran's coast, coinciding with a United Nations agency report that said the Islamic republic had expanded its nuclear program.
U.S. oil fell below $65 as easing concerns that of a potential U.S. gasoline shortfall ahead of peak driving season in the world's top consumer.