Brent crude fell below $98 a barrel on Monday as sluggish demand and abundant supplies outweighed a possible cut in oil output from the OPEC.» Read More
CNBC's Bertha coombs discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
CNBC's Michelle Caruso-Cabrera reports Florida Power and Light Company imploded four 350-foot smokestacks and four 75-ton boilers at its Port Everglades Power Plant in Fort Lauderdale.
CNBC's Bertha Coombs discusses the commodities markets, and looks at where oil and precious metals are likely headed.
Option traders are looking for Norfolk Southern to steam ahead in coming months.
U.S. oil settled marginally higher after the Energy Information Administration reported further draws in American crude stockpiles and larger-than-expected increases in gasoline inventories.
Crude edged up on Monday, with U.S. oil finishing the session modestly higher, as traders mulled the impact of mixed economic and industry data from the United States and China.
Gas prices are up 14 cents in the past week, to an average $3.61 nationwide. We may see prices go even higher in the coming weeks, but there are ways to save.
Oil prices should be about half of today's $105 a barrel by the end of the year, but that doesn't translate to $2 a gallon gas prices, Gulf Oil CEO Joe Petrowski tells CNBC.
The re-assertion of softer global oil market fundamentals - highlighted by tepid growth, sluggish demand and well-stocked inventories - may break what many are calling an over-extended price rally.
This pro reveals how to cash in from oil's next move.
Sony has applied the artificial intelligence technology used in its Aibo dog robot to support households, stores and offices trying to cut energy bills this summer. The Nikkei's Sachiko Kishida has more.
Gasoline is expected to jump 10 to 20 cents per gallon in the next several days, as rising oil prices and peak driving season create a perfect storm for higher prices.
As gasoline prices head higher, Americans will be paying more to fill up their vehicles, reports CNBC's Phil LeBeau.
Bail is set at $5 million for a Saudi princess accused in California with human trafficking for allegedly holding a domestic worker against her will.
Oil rose to $109, led by the biggest surge in gasoline futures in four months as a string of refinery outages stoked concerns about fuel supplies in the U.S. summer driving season.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Gold closed at a 3-week high today, and oil was down more than $1 after yesterday's jump.
Ian Simm, group chief executive at Impax, talks about the environmental impact of fracking and how energy investors are more likely to make returns if they divest of fossil-focused stocks.
Oil reaches highest intraday level since March of 2012. David Greenberg, president and founder of Greenberg Capital, reveals what this means for consumers at the pump.
CNBC's Bertha Coombs has the latest on the EIA inventory report.
Crude oil futures dipped Thursday from a 15-month high as investors sold contracts to take profits after three weeks of sharp gains.
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