Oil was supported by expectations of increased demand after the U.S. jobless rate fell to a five-year low in the world's top oil consumer.» Read More
Oil fell after data showed the euro zone was in its longest recession ever, while a stronger dollar and rising U.S. refined products stocks put additional pressure on prices.
The concept of US energy independence is sparking debates about what it may mean for oil prices, and Saudi Arabia is doing a lot of the debating.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching Wednesday.
European authorities raided the offices of Shell, BP and Statoil in an investigation of suspected manipulation of oil prices.
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.
Brent crude oil prices fell after a global energy watchdog described world supplies as "comfortable" and analysts forecast a continued build in the U.S. crude inventory, while gasoline rose 1 percent on expected inventory draws ahead of the summer driving season.
U.S. shale oil will help meet most of the world's new oil demand in the next five years, even if the global economy picks up steam, the West's energy agency said on Tuesday.
Dresser Rand Group is an oil-equipment name, and it was discovered by the energy bulls yesterday.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching Tuesday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was lower on the day, while gold dipped and came back later in the day.
The Obama administration is unlikely to make a decision on the Keystone XL pipeline anytime soon as it weighs the project's impact on the environment and on energy security.
Crude oil prices were hit by slowing oil demand in China and data showing the biggest drop for U.S. retail gasoline sales in more than four years.
Regulators used sharp words to accuse JPMorgan Chase of manipulating energy markets, in language similar to that which buffeted -- and eventually took down -- bankrupt energy giant Enron.
Everything seems to have gone wrong for the nuclear industry, which a few years ago was seen as a potential competitor to fossil fuels and was gearing up for a renaissance.
Growing market, falling revenues. The price decline that has hurt European panel makers has helped sustain demand in the face of Chinese competition and disappearing subsidies.
The Department of Energy reports that U.S. oil output is at its highest level in 21 years. Mark Perry, University of Michigan and "The Kudlow Report" crew discuss. "Everything about this [energy] story is so good, it's creating middle class prosperity," says Perry. Jim Iuorio, TJM Institutional Services, weighs in.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
Crude slid on Friday as rising fuel supplies and a stronger dollar put oil under pressure.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders appear more enamored with stocks than commodities, she says. Record crude supplies are pressuring prices downward. And gold is still under pressure.
The amount of oil produced in the U.S., now at a 21 year high, is nearly even with the amount being imported.