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
The oil market has become more bearishly positioned than it's been for several years, and prices could fall another 10 percent or more in the near future.
Crude was mixed on Tuesday, with U.S. oil ending marginally higher while Brent fell, amid expectations of ample supply ahead of inventory data.
The U.S. energy renaissance's effects are being felt broadly, said the industry's main trade group.
The tax package for Tesla's gigafactory will be worth about $1.25 billion over 20 years, according to the Reno Gazette-Journal.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil continues its move lower. And nat gas popped about 3 percent today. Gold was down, as well.
Tesla's CEO said he would not be surprised if there was a significant deal with Toyota in the next two to three years, though there were no plans.
Some governments want to discuss how to suspend the sanctions if a Ukraine cease-fire holds, diplomats say.
A preliminary CNBC brent survey shows 48 percent of participants bullish on oil this trading week. Andrew Su, CEO at Compass Global Markets, explains why he disagrees.
Big Oil has tried for years to bolster its green credentials. Royal Dutch Shell recently joined the environmental bandwagon.
Oil tumbled by nearly $1 on Monday, as Chinese and U.S. data pointed to slower-than-expected growth in the world's top oil consumers.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The dollar got stronger and commodities prices were lower, as a result.
With the double threat of hefty fines for the Gulf of Mexico disaster and further Russian sanctions, BP is having almost as bad a year as 2010.
Tesla's stock price fell after Elon Musk said investors tend to get carried away with electric-car companies.
PM Modi took decisive action to secure round-the-clock supplies of electricity. Now, he is under attack for failing to avert a national power crisis.
The next round of EU sanctions will ban three major oil groups from raising new money, the WSJ reports.
A bullish bet on Trina Solar, with CNBC contributor Mike Khouw of Dash Financial Group.
CNBC's Sri Jegarajah speaks to three oil sands producers about the issues they face in Canada's oil sands industry.
Chinese energy execs recently made bullish statements about shale growth there. But that may have been just to appease China, this analyst says.
Crude oil fell on Friday, as disappointing U.S. jobs data suggested economic growth may not be as robust in the world's biggest oil consuming economy.
CNBC's Jim Cramer discusses the rapid oil production taking place in the U.S. and the thousands of jobs the industry is creating. Cramer says the U.S. has to export and other countries have given up on the Obama administration.
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