U.S. crude oil fell, pressured by expectations that the Federal Reserve could announce a pullback of its bond-buying program.» Read More
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Dec 13- Chinese oil demand this year is virtually certain to miss forecasts by the International Energy Agency and the country's top producer. It is also below the 10.28 million bpd forecast in January by top state oil company China National Petroleum Corp.
What traders are watching right now, Ira Eckstein of AREA Trading; Bob Iaccino, TopStep chief market strategist; and Joe Greco of Meridian.
Oil production in Mexico has declined 25 percent in the last 10 years. CNBC's Michelle Caruso-Cabrera reports Mexican Congress has approved an energy bill allowing foreign investment in oil.
The company that manages a fleet of airplanes owned and leased by Google improperly bought fuel from the government at below-market rates.
Wayne Johnson, Non-Executive Director at Sino Australia Oil & Gas, explains why the firm listed in 2013.
The line runs from Superior, Wis., to Sarnia, Ontario, passing through Michigan's Upper Peninsula and crossing the Straits of Mackinac, a five-mile-wide area where Lakes Huron and Michigan meet.
Dec 12- Exxon Mobil Corp wants the United States to remove restrictions on exporting oil, the Wall Street Journal reported, citing the company's annual long-term energy demand outlook.
KOLKATA, India, Dec 12- India is waiting for Iran to tell it how to make payments for oil allowed under last month's deal with global powers on sanctions and will pay in instalments, Reserve Bank of India Deputy Governor H.R. Khan said on Thursday.
The cost of oil is being sent higher by “remarkably persistent” factors on both supply and demand, according to the International Energy Agency (IEA).
More households are using this as their main winter fuel to save cash. But there may be hidden costs.
Crude was mixed on Thursday, amid the possible re-opening of major Libyan ports and expectations the Fed may soon curb stimulus.
Vladimir Putin ordered Russia's military to increase its focus on the Arctic and finish plans to upgrade military bases there.
Bruce Wrobel, a prominent American investor in Africa who until recently ran Blackstone's Sithe unit, has died.
Despite high emission of greenhouse gas, China's use of coal is predicted to reach 4.8 billion metric tons per year by 2020.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Oil companies are securing licences to export U.S. crude at the fastest rate since records began, the FT reports.
Though international action has weakened Somali pirates, a new crew of modern-day Blackbeards threatens Western Africa's growing oil reserves.
U.S. oil futures turned positive after an update on operations of a key pipeline spurred demand for crude contracts.
OPEC has trimmed its crude oil output toward next year's global requirement, the exporter group said on Tuesday.
Crude oil fell as a report showed a build in gasoline stocks and Libya said its ports could reopen by the weekend.