Brent dipped towards $108, extending its longest losing streak in four years, as weak gas demand in the U.S. offset a rise in crude imports in China.» Read More
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Activity in Gaza drove up gold prices today, but didn't have an impact on oil prices, which fell, in spite of an inventory drawdown.
U.S. crude shed more than $1, as a rise in U.S. gas inventories signaled weak demand, and a restart of a Libyan oilfield eased supply worries.
For those interested in putting money into the oil-rich nation, a new directive has made it more appealing.
Ewen Cameron Watt, chief investment strategist at BlackRock Investment Institute, says that oil prices could be the catalyst for increased volatility in the markets.
Chevron-owned oil fields in California are now producing ten times more water than oil in response to CA's drought. The NYT reports.
Tesla is being sued in China for trademark infringement, casting a shadow over CEO Elon Musk's ambition to expand in the world's biggest auto market.
Slovakia is a relatively new country - at a little over 20 years old - and needs to reconcile its youthful energy with experience, says Michal Stencl, founder and CEO of Sygic.
As the world's second largest importer of oil, higher oil prices could be a threat to China's economic growth, analysts have said.
The U.S. could soon end its reliance on OPEC oil, T. Boone Pickens tells CNBC. But it could have been sooner, he adds.
Brent crude fell to a fresh one-month low beneath $110 a barrel on Tuesday, as prospects for a rise in Libyan oil exports improved.
Climate change skeptic group The Heartland Institute hosts its annual conference this week and hopes to take on President Obama and others.
One would think Iraq's instability would prompt a price spike. Instead, they're about where they were a year ago.
It's time to crank up the AC, but in this age of smart grids and smart meters, most utilities still have a frustratingly low technology IQ.
Overreliance on Russian gas leaves Europe vulnerable if the Ukraine conflict escalates, analysts warned.
Mohamed Shoeib, managing director of the energy division at Citadel Capital, says subsidies provided to Egypt by countries such a Saudi Arabia are not the long-term solution to the country's energy problems.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Oil was down following the July 4th holiday. Gas was down 1 percent on fears of sluggish demand.
Crude sank near a three-week low on Monday, hurt by a potential rise in oil supply as Libya gears up to resume exports.
Smart home technology is state-of-the-art and undeniably cool. But does it help where it really matters— in consumers' pockets?
A "very small number" of disposal wells are behind a swarm of earthquakes plaguing Oklahoma, according to a new study.
Consumers will pay the highest Fourth of July gasoline prices in six years, but pump prices would be far higher if not for the oil shale boom.
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