The oil market is well supplied, with inventories at record levels globally, and the market continues "to be a bit soft," but prices are getting a big boost from the dollar's fall, Exxon Mobil CEO and Chairman Rex Tillerson told CNBC Friday.

The Dow rose for a sixth straight session Wednesday as the dollar hit a new 15-month low after Fed comments and strong Chinese economic data. Financial, material and IT stocks were the biggest gainers.

Commercial real estate is somewhere between an orderly massacre and a disaster, William Mack, founder and chairman of Area Property Partners, told CNBC.

Stocks opened higher Wednesday as the dollar fell to its lowest level in 15 months and economic data out of China was strong.

Stock index futures pointed to another higher open on Wall Street Wednesday as the dollar hit a new 15-month low after Federal Reserve officials reinforced the view that rates will remain low for some time.

The housing market has improved slightly and prices are starting to stabilize, but we could see another downswing this winter, James Lockhart, vice chairman of WL Ross & Co. and former director of the Federal Housing Financial Agency, told CNBC.

World energy use will rise rapidly over the next 20 years, increasing costs and greenhouse gases unless a deal is reached to curb carbon dioxide emissions, the International Energy Agency (IEA) said on Tuesday.

China will lift gasoline and diesel prices by around 7 percent from 1600 GMT on Monday to reflect the rising cost of crude oil, taking pump prices to their highest ever, a government official told Reuters on Monday.

Ida weakened to a tropical storm Monday as it churned toward oil and gas facilities in the Gulf of Mexico and was forecast to hit the U.S. Gulf Coast early Tuesday between Louisiana and Florida.

Home prices always lag sales, but they may be beginning to catch up.  A new report from Zillow.com finds home values stabilized in the third quarter of this year, as sales of new and existing homes grew. 

Honda Motor aims to improve its cost structure to be able to break even in Japan using just 70 percent of its capacity to build cars, a top official at Japan's second-biggest automaker said on Wednesday.

Toyota Motor said on Wednesday it was pulling out of Formula One racing.

The United Auto Workers union had given local unions until Monday to complete voting. But a person briefed on the voting said Saturday that the contract changes have been rejected by large margins.

Target and CVS are the latest retailers giving discount incentives to customers who bring in their own reusable bags instead of using the store's plastic bags.

President Barack Obama said Friday that opponents of his energy bill are disputing the evidence of global warming in a cynical ploy to undermine efforts to curb pollution and steer the nation to greener energy sources.