With the world's largest economy suddenly awash in oil and gas, might the U.S. dollar join the ranks of the dollars of Canada and Australia as a "commodity currency"?
This energy company was hammered on Monday after a report hinted that the stock's distribution might be in danger. "Mad Money" host Jim Cramer decided to take advantage of the weakness.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders are watching the situation in the Middle East and whether violence could spread throughout the region, she says.
The U.S. economy is awash in fossil fuel production, raising a tantalizing prospect of whether the U.S. should liquidate its Strategic Petroleum Reserve to help close the deficit.
A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life into Asia's moribund IPO markets.
Oil was lifted by an interest rate cut by the European Central Bank that supported riskier assets, but a shaky global oil demand outlook and ample supply weighed.
Crude oil dropped, extending its biggest monthly drop in 11 months in April, as fresh concerns over economic growth in China weakened the demand outlook.
U.S. gas prices saw their cheapest April in three years, the AAA says, bringing hopes of relief at the pump just as the summer driving season picks up.