Brent crude oil rose above $108 a barrel, as fighting in Ukraine and chilly relations between Russia and the U.S. ignited new supply fears.» Read More
CNBC's Dominic Chu reports Carl Icahn has reported a 9.98 percent state in Seventy Seven Energy.
Crude rose as profit-taking on an extended losing streak momentarily outweighed the prospect of solid supply and weak U.S. gas demand.
US workers at large companies can expect median base salary increases of 3% next year, USA Today reports.
CNBC's Jackie DeAngelis reports crude oil inventories drew down 2.37 million barrels, less than expected.
ISIS has a legitimate grievance but the wrong tactics, says former White House adviser David L. Phillips.
For those interested in putting money into the oil-rich nation, a new directive has made it more appealing.
Ewen Cameron Watt, chief investment strategist at BlackRock Investment Institute, says that oil prices could be the catalyst for increased volatility in the markets.
U.S. crude shed more than $1, as a rise in U.S. gas inventories signaled weak demand, and a restart of a Libyan oilfield eased supply worries.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Activity in Gaza drove up gold prices today, but didn't have an impact on oil prices, which fell, in spite of an inventory drawdown.
Chevron-owned oil fields in California are now producing ten times more water than oil in response to CA's drought. The NYT reports.
Tesla is being sued in China for trademark infringement, casting a shadow over CEO Elon Musk's ambition to expand in the world's biggest auto market.
Slovakia is a relatively new country - at a little over 20 years old - and needs to reconcile its youthful energy with experience, says Michal Stencl, founder and CEO of Sygic.
As the world's second largest importer of oil, higher oil prices could be a threat to China's economic growth, analysts have said.
The U.S. could soon end its reliance on OPEC oil, T. Boone Pickens tells CNBC. But it could have been sooner, he adds.
Brent crude fell to a fresh one-month low beneath $110 a barrel on Tuesday, as prospects for a rise in Libyan oil exports improved.
Climate change skeptic group The Heartland Institute hosts its annual conference this week and hopes to take on President Obama and others.
One would think Iraq's instability would prompt a price spike. Instead, they're about where they were a year ago.
It's time to crank up the AC, but in this age of smart grids and smart meters, most utilities still have a frustratingly low technology IQ.
Overreliance on Russian gas leaves Europe vulnerable if the Ukraine conflict escalates, analysts warned.
Mohamed Shoeib, managing director of the energy division at Citadel Capital, says subsidies provided to Egypt by countries such a Saudi Arabia are not the long-term solution to the country's energy problems.
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