Brent futures edged above $111 a barrel on Friday, on course to end the week more than 1 percent higher, as traders awaited a U.S. jobs report later in the day and severe weather cut oil production in Europe and the United States.» Read More
Brent edged higher amid dwindling expectations of an imminent breakthrough with Iran, but U.S. prices sank in choppy trade.
Peter Terium, CEO of the executive board at RWE, explains that it's very difficult to stay competitive due to the U.S. energy boom, and that European politicians need to define a clear framework.
The EPA's intervention on ethanol may help cool the torrid advance of ethanol credit prices, and contain prices at the pump.
The average price for a gallon of gasoline in the U.S. rose for the first time in more than two months, and one expert says they'll continue to rise.
Cadillac's ELR and Tesla's Model S will be competing in the rarefied air of models selling for more than $75,000.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude futures closed higher in spite of a potential December taper by the Fed.
Crude rose by more than $1 per barrel on Thursday, boosted by positive U.S. economic data and surging gasoline prices.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. There was mixed price action in the energy pits today. Traders expect the downward momentum to continue, she says.
Daniel Hynes, commodity strategist at Hynes Commodities discusses the demand outlook for the yellow metal.
Brent oil rose by more than $1 a barrel but U.S. oil ended virtually flat on the day, as the Federal Reserve hinted at a taper timetable.
Crude was mixed on Tuesday, with U.S. oil ending marginally higher but Brent falling.
Elena Popescu, general director at the Department for Energy, says that Chinese companies can bring what is missing to the Romanian energy market.
A report from the International Energy Agency also said that events outside the U.S. will continue to affect pricing.
NEW YORK, Nov 19- Short-seller Jim Chanos said Tuesday it is time for typical equity investors to be "a little more cautious" even as the stock market may continue to rise. Chanos also said he was bearish on national oil companies and the integrated majors like Exxon Mobil Corp, which he said are experiencing a "dropping return on capital" that "is really ominous."
*Gazprom Neft postpones project start-up. Work by the likes of BP and Exxon Mobil boosted output by 600,000 barrels per day to top 3 million bpd in 2012..
LONDON, Nov 19- Oil exports from Libya's western Mellitah port have resumed after protests ended, allowing a large oilfield to ramp up production and providing some respite from a crisis that has crippled its economy.
A fast-moving storm system triggered multiple tornadoes on Sunday that killed at least five people and flattened large parts of a town in Illinois.
The Obama administration wants to reduce the amount of ethanol in the nation's fuel supply, which could cut into farmers' profits for corn.
U.S. safety regulators are investigating fires in Tesla Model S electric cars.
Sake bombs, Flaming Tiger rolls and the $5 coffee before the craft brewery pub crawl: How the oil boom is changing Williston, North Dakota.