U.S. crude rose as traders watched Ukraine's crisis, but gains were curbed by domestic supply builds and lower demand in the U.S. and China.» Read More
Gasoline costs in the U.S. could fall as much as 30 cents a gallon if lawmakers would repeal a controversial shipping law, industry experts say.
The risk of a disorderly decline in U.S. crude futures is growing after a four-week rally sent prices to 16-month highs, defying an China's slowdown and shale supply boom.
Oil prices dropped amid concerns over falling Chinese demand after the world's second-largest oil consumer ordered factories to reduce output over worries of excess capacity.
Thousands of supporters of Egypt's Muslim Brotherhood stood their ground outside a Cairo mosque a day after at least 72 were gunned down by security forces.
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.
The United States urged Egypt to pull "back from the brink" after security forces killed dozens of supporters of deposed President Mohamed Morsi and opened a dangerous new phase in the army's confrontation with his Muslim Brotherhood.
Crude rose on Thursday, with U.S. oil ending a seesaw session marginally higher as traders dissected the impact of stronger than expected data in the world's largest economy.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets.
CNBC's Sharon Epperson has the latest on the natural gas inventory report.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Gold could be headed to $1,350 and analysts expect another draw on oil inventories.
Crude fell sharply on Wednesday, with U.S. oil ending the session barely above $105 as weak China data renewed concerns over demand growth.
Even after U.S. crude finally eliminated a three-year discount versus global benchmark Brent, some cash markets are sending a curious signal: refiners are ready to pay even more.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Gold closed above $1,300 today. And oil could get to $110/barrel.
U.S. crude, whose market price Friday exceeded its international counterpart for the first time since 2010, is expected to continue its relentless advance as long as the U.S. outperforms other major economies.
U.S. oil settled modestly higher on Tuesday, after a day of volatile trading in the closely watched spread between international benchmark Brent and U.S. crude oil futures.
An energy trading firm is being charged with manipulating markets through "spoofing," an increasingly frequent scheme in which false bids are submitted and then pulled back
American motorists are bracing for further increases in gas pump prices this summer after average national prices rose 12 cents in the past week alone.
A major study by the DOE found no evidence that chemicals from the fracking process contaminated drinking water. John Hofmeister, former President of Shell Oil, discusses whether this will convince the doubters.
CNBC's Diana Olick reports The Save Act will essentially subtract the savings in your energy bill from your monthly debt, which lenders factor against your income. Also, the impact of the refi slowdown, with Fred Glick, U.S. Loans Mortgage president,