Oil futures plunged on a surge in supplies of U.S. oil and a record level of gasoline.» Read More
It’s no secret that bond funds are where the action has been over the past year, with most new fund money going their way. What is a secret—or at least something that never gets discussed—is the cost of investing in bond funds.
In a CNBC Exclusive, Marvin Odum, President of Shell Oil Americas and Shell Oil Upstream Americas Director told Maria Bartiromo that Shell may be interested in some BP assets if the British oil giant is considering a sale of its assets.
Today and tomorrow, Maria Bartiromo will host CNBC’s Closing Bell live from Aspen Ideas Festival. Over the last 50 years, this gathering has become the place for global leaders to come and gather at the one of the world's most beautiful spots to discuss the most innovative ideas and the most pressing issues.
More than two months after the Deepwater Horizon sank, it is now clear the energy industry doesn't know exactly how to stop a blowout in deepwater or how to clean up a massive spill.
Why Cramer sees promise in the production of this cleaner energy source, even if it isn’t for us.
Bad weather forced Gulf of Mexico oil cleanup efforts off the shore of Louisiana to stop Tuesday, but BP's oil-capture systems maintained operations, the U.S. Coast Guard and BP said.
Our traders consider what oil giant would buy the beleaguered company and when.
Some of BP’s other trading partners, or counterparties, are asking for letters of credit from banks to guarantee that BP will make good on future trading debts, says one of the people familiar with the matter.
Gander Mountain charged that on co-branded cards—these are cards that can be used anywhere as a Gander Mountain Master Card—ADS won’t give credit to Gander Mountain customers with FICO scores above 800.
BP's plan to increase oil-capture capacity this week at the Gulf of Mexico leak to up to 53,000 barrels a day will be delayed by high waves expected to be generated by Tropical Storm Alex, a company executive said Monday.
While oil companies have spent billions of dollars to drill deeper and farther out to sea, relatively little money and research have gone into finding new, improved ways to respond to oil spills in deepsea conditions like those in the Gulf of Mexico.
The Coast Guard reported Wednesday that energy giant BP has been forced to remove a cap that was containing some of the oil gushing from its ruptured Gulf of Mexico well.
The Louisiana judge who struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico has reported extensive investments in the oil and gas industry, according to financial disclosure reports. He's also a new member of a secret national security court.
With so much attention on Chinese stocks, something that gets very little attention: US-listed Chinese companies that went public through the back door. The back door, in this case..?
Stocks powered their way higher on Friday with both the Dow and the S&P 500 closing higher for the day and for the week. How should you be positioned now?
The desk is keeping a close eye on the action in BP after shares popped Wednesday in the wake of a dividend suspension.
An oil exploration company in a sea of post-BP oil exploration stock disasters.
Get long these 4 stocks as beneficiaries of a potential BP asset sale, says Liquidator.
Is Obama going to launch the nuclear option against BP in tonight’s Oval Office speech? That option would terminate all BP oil and gas leases and suspend all federal contracts with the oil company. BP is the Defense Department’s biggest oil supplier, with a contract worth more than $2 billion yearly, according to energy analyst John Kilduff. Such a move by the president could conceivably bankrupt BP
Cramer talks with Devon Energy Chairman Larry Nichols about the industry's future.