Oil futures declined slightly Friday after paring gains from early in the session as a supply gut continued to weigh on markets.» Read More
The record cold spell that has half the country in the deep freeze could cost the U.S. economy a pretty penny.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil tumbled today after gas supplies rose by more than expected. Natural gas was helped by the frigid temperatures, but that's supposed to change in the next few weeks.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. It's still cold, but a warming trend is headed our way, so nat gas plummeted today. An increase in fuel supplies in the U.S. and Europe put downward pressure on oil.
U.S. oil ended at an 8-month low on news that production was restarting at a key North Sea oilfield.
U.S. oil hit five week low as investors shrugged off Libyan supplies and falling U.S. stockpiles, focusing instead on demand fears.
From LED streetlights in Brazil to taming smog in China, the key to a happy new year may be finding sustainable solutions in one part of the world that can be exported to another, says Terry Tamminen.
Stephen Schork, The Schork Report editor, explains how the recent polar vortex has impacted the nation's energy supplies. The cold has interrupted the viscosity of the oil, explains Schork, making it heavier and harder to transport.
The American Petroleum Institute vowed to ratchet up pressure by pushing for policies favorable to the U.S. energy boom.
Toyota will sell a new hydrogen-powered car in 2015 called the FCV which emits only water vapor as exhaust.
President Barack Obama "made mistakes" and the United States failed in its dealing with the Syrian conflict, a Saudi Arabian prince said.
Siberians are used to these temperatures, but it's a rare occurrence for the East Coast. In honor of the chill, let's look at key freezing points.
The U.S. trade deficit was the smallest in four years in November, as exports hit a record high and weak oil prices restrained imports.
Oil rose as new worries about Libyan output and fighting in Iraq helped prices rebound after five straight declines.
David Hewitt, Global Co-head of Oil and Gas Research at Credit Suisse, says Saudi Arabia's control of the oil market to weaken on the back of more supply from Libya, Iraq and Iran.
As Iraqi security forces move to recapture key cities taken by militants, oil traders appear to be taking it in their stride.
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.
Progress in solving this problem could send oil prices sharply lower, according to the Eurasia Group risk assessment consultancy.
Any slowdown in China won't have a long term effect on the price of oil, says Malcolm Graham-Wood, founding partner at Hydrocarbon Capital.
John Ryding of RDQ Economics and Michael Ryan of UBS weigh in on what's likely to push markets higher this year.
The federal government issued a safety alert that crude oil being transported from the Bakken region may be more flammable than traditional heavy crude.
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