Brent crude dropped towards $98 per barrel, pressured by a stronger dollar and a steep spike in U.S. crude stocks.» Read More
Oil fell on Thursday, pressured by volatility in Ukraine that curbed risk appetite.
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Libya's domestic disorder is undermining oil production and removing a source of high-quality oil blends for aging European refineries.
Spanish oil major Repsol said on Tuesday its board of directors approved a $5 billion settlement with the government of Argentina.
Nestlé Chairman Peter Brabeck-Letmathe discusses the future for water sustainability, and the risks from rising demand for energy and food.
"It's hard to call a top, but the second quarter ought to be pretty weak compared to the first quarter," one expert said.
Here's why the March natural gas futures plunged while the April futures had a mellow session.
Companies moving crude oil by rail must test the volatility of fuel out of North Dakota's Bakken oilfields before it is moved onto the tracks.
U.S. crude rallied after data showed the fourth consecutive weekly drop in inventories at the Cushing, Oklahoma delivery hub.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude edged higher today after the weekly inventory report showed a smaller build than expected. Nat gas dipped again on the day, as temperatures have been more moderate than expected. Gold was down about $13 on the day.
David Rubenstein, co-CEO of Carlyle Group, tells CNBC that energy, healthcare and financial services are the sectors with the best investment opportunities.
Kurt Bock, chairman of BASF, comments on alternative energy and says that the group still has room to grow in core European countries.
Growing global demand could help boost U.S. crude price by some 36 percent, one analyst told CNBC.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down on the day, as investors worry about growth in China and the U.S. Nat gas was down on the day, as well. And gold closed at $1,342.70.
U.S. crude oil fell more than $1 per barrel on Tuesday on expectations that inventories are building and diesel demand is falling.
The price of a gallon of gas rose almost 12 cents in the past two weeks as crises in three areas of the world heightened concerns in the oil market.
Discussing a bullish bet on Weatherford international, with Scott Nations of NationsShares.
Regulators lay a lighter hand on natural gas than they do on the Keystone pipeline. There's little agreement on why.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up slightly today, because of geopolitical issues around the world. Nat gas dipped on the day, and is now closer to $5 than $6. Gold closed at $1,338, and traders will watch Yellen to see where it's likely headed.
Railroads that haul crude shipments have reached an agreement with US transportation officials to adopt wide-ranging, voluntary safety measures.