Oil prices seesawed on Monday as conflict in Yemen and falling U.S. rig counts lent support, while ample global supply kept traders cautious.» Read More
After the steep fall, oil prices will bounce back to about $70 per barrel, according to an industry expert.
If enormous heat deep in the heart of Iceland's volcanoes can be harnessed for geothermal energy, the industry may be set for a revolution.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude dropped under $50 today, but closed just above. Some traders are lowering their targets to the $30s. Gas saw its 102nd consecutive day of price drops. And nat gas closed under $3 on the day.
The price of oil started the first full week of 2015 the way it ended the previous year: heading downwards.
U.S. crude and Brent futures dropped to fresh 5½-year lows on Monday as worries remain about a surplus of global supplies amid weak demand.
CNBC's Jim Cramer discusses how the drop in oil prices will likely impact the markets and Texas.
The Fast Money Halftime Report crew offers its hottest trades today.
Drivers who depend on diesel fuel were still paying an average of $3.21 a gallon as of Dec. 29.
CNBC's Rick Santelli speaks to James Bloodworth of "Left Foot Forward" blog, about the impact of fracking on oil and gas prices and the road to getting progressives to embrace fracking.
Lifting sanctions imposed on Russia as soon as this month or the next would be "premature" but they will eventually be lifted, says Martina Bozadzhieva, head of research for EMEA at Frontier Strategy Group.
Roger McNamee, Elevation Partners co-founder, weighs the impact of the collapse of energy stocks, his economic forecast.
CNBC's Rick Santelli shares how he thinks the sliding oil story will pan out.
European shares closed lower on Monday as concerns over the health of the euro zone resurfaced as investors returning from the festive period.
The incoming chairman of the Senate Commerce, Science and Transportation Committee says raising fuel taxes is among the options under consideration.
Iran's president called for an end to state involvement in the economy and an end to the country's isolation.
Energy investors should focus on companies that show good upside while factoring in current commodity prices, an energy analyst said.
The run-up in utilities is down to investors' search for solid EPS growth and consistent, low-risk yields.
But commodity analyst Matt Smith also says he expects gas prices to bottom out soon.
FMHR trader Josh Brown thinks Exxon will go higher regardless of the moves in crude; while Stephen Weiss, thinks there are other opportunities.