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 Bertha Coombs discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
U.S. crude topped $100 per barrel on Friday, as U.S. oil stockpiles tumbled sharply in the latest week.
The U.S. allows power companies to sell the carbon dioxide to oil companies. A side benefit is that the carbon gets permanently stuck underground.
The oil industry's lobbying arm said it will push lawmakers to consider lifting a ban on crude exports in the new year.
Oklahoma gas prices dipped to a 2013 low of $2.84 a gallon just a week before Christmas. Here's why prices at the pump are so cheap here.
What does it say that the administration spent 3 years building a website that didn’t work, but in 5 years can't decide to build a pipeline?
The average price for a gallon of gasoline in the United States fell modestly over the past two weeks, ending a four-week advance.
Brent oil rose to a two-week high, as conflict in South Sudan threatened the country's oil output.
But oilman Harold Hamm tells CNBC he doesn't expect the U.S. to be a net exporter of crude.
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.
Crude was boosted on Friday by a positive outlook for U.S. fuel demand and reduced Libyan supply.
Crude oil futures slipped in light volume, as traders booked profits after three days of gains ahead of Christmas.
Boris Schlossberg, BK Asset Management, shares his perspective on currencies. The "cleanest trade of all" in 2014 is the U.S. dollar/yen, says Schlossberg. And higher oil prices are actually bearish for natural gas, says Stephen Schork, The Schork Report, with his play on oil.
When Mexican President Enrique Peña Nieto signs new oil reform, it may mark a turning point for Latin America's second-largest economy.
Last week, Mexico's Senate approved an energy reform that should prove transformational for its $1.2 trillion economy.
A fire department in California said a garage fire may have been caused by an overheated charging system in a Tesla Model S sedan.
News that Vladimir Putin plans to pardon the former head of Yukos shocked even the most optimistic businessmen in Russia.
BP accused a Texas lawyer of fraudulently driving up its settlement costs in the 2010 Gulf Coast oil spill by representing "phantom" clients. The New York Times reports.
Amrita Sen, chief oil analyst at Energy Aspects, says the oil market could see surprisingly strong demand in 2014.
Solving China's massive pollution problem means money and the will to reverse years of environmental destruction. Experts say that will take a long time.