U.S. crude futures edged lower as U.S. crude and distillate inventories rose more than expected, easing after steep gains in the previous session.» Read More
Mixed data out of China drove oil prices down today. The metals were down across the board during the trading day, but settled slightly higher.
China led a rise in global carbon dioxide emissions to a record high in 2012, casting doubt over the chances of limiting global warming to an acceptable level.
Brent crude oil dipped toward $104 per barrel as weak data from top energy consumer China muddied the oil demand outlook, overshadowing optimism stemming from a pickup in U.S. hiring.
Oil rose on Friday in choppy trade, as data pointing to modest gains in U.S. hiring suggested the world's top oil consumer's economic recovery was gaining momentum.
The average price of a gallon of gasoline in the United States slipped less than 2 cents over the past three weeks, but some cities saw swings of as much as 50 cents.
Observers say inefficiencies in the U.S. transportation system are helping to keep gas prices elevated, and the lack of pipelines make oil producers rely on railroads.
There aren't a lot of motor vehicles using natural gas, but that could be changing thanks to a confluence of trends.
The Weather Channel's Jay Gray reports the latest on tropical storm Andrea, which is expected to dump heavy rain on the East Coast.
Weather Channel's Todd Santos reports tropical storm Andrea dumped significant rain on Florida and continues its path up the East Coast.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching Friday.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil continued its climb. Nat gas prices plummeted on a 111bcf build. And gold rose on the weak dollar.
CNBC's Sharon Epperson reports the latest natural gas supply numbers, which were up 111 bcf. Nat gas took a big hit today.
Cho-Oon Khong, chief political analyst, Shell Strategy and Scenarios at Shell International, looks ahead to the next 90 years of energy consumption, and discusses whether shale oil will prove to be as successful as shale gas.
Brent crude oil steadied around $103 a barrel as a drop in US oil stocks and lower Iranian exports balanced worries the US Federal Reserve may scale back its economic stimulus.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching Thursday.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Traders are unsure of the economy and the Fed's intent. The big question is, how soon will the Fed start talking about raising rates.
Brent crude climbed towards $104 a barrel after data showed fuel stockpiles in the United States fell sharply, signalling stronger demand.
With the profiles of shale and natural gas on the upswing, energy watchers say renewed interest in an old process could help rehabilitate coal's battered image.
State control of natural resources tends to evoke images of authoritarian countries, yet the most oft-cited example for the U.S. is Norway.
CNBC's Bertha Coombs reports the latest numbers on oil and gas supplies, as well as the impact on energy prices.
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