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
*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.
For the first time the EPA has shrunk the ethanol mandate. Andy Lipow, Lipow Oil Associates, thinks it is a big win for big oil.
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.
A choking smog across much of northern China threatens major coal projects globally that are still on the drawing board.
U.S. oil fell in choppy trading as the perception of ample supplies outweighed expectations for strong demand.
Warren Buffett's conglomerate Berkshire Hathaway has taken a stake of about 40 million shares in oil major Exxon Mobil, according to an SEC filing.
Johannes Benigni, Founder & Managing Director at JBC Asia sees increasing revenue for Myanmar as it opens up new gas and oil fields.
Oil futures rose moderately, but gains were limited by reports that a deal over Iran's nuclear program may be near.
Iran has virtually halted the expansion of its uranium enrichment capacity in the past three months, the U.N. nuclear agency said in a report.
A natural gas pipeline exploded in Milford, Texas, on Thursday and police have asked people to evacuate nearby areas, the town's mayor office said.
The recent easing of prices may be relatively short‐lived, the International Energy Agency said on Thursday, as demand picks up and production problems in Libya and Iraq continue to weigh on supply.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed the day lower after a strong inventory report. And gold was up on Yellen's testimony.
The U.S. shale boom may help create millions of jobs around the country, a study showed on Thursday—and some may pop up where you least expect.
Gasoline prices have made some big jumps lately, signaling that the slide may be over. Some say the price will be back at $3.25 a gallon in 10 days.
Crude ended higher on signs the Federal Reserve will keep its massive stimulus.