U.S. oil rose as constructive data fanned hopes for the recovery, but Brent was hit by growing fears about China's economy.» Read More
U.S. crude briefly traded at a premium to the global benchmark Brent on Friday for the first time since October 2010, ending the session only modestly lower.
Legendary short seller Jim Chanos argued that a slowdown in mining is going to cut into Caterpillar's earnings faster and deeper than investors expect.
With electricity demand in places like NYC flirting with all-time highs, power prices are reaching staggering levels.
Richard Lorentz, Founding Director of KrisEnergy, discusses how the company plans to use the money it raised in its Singapore IPO.
The CEO of one of the world's top offshore rig-makers, Singapore's Keppel Corp, will be stepping down at the end of this year. In one of his final interviews as CEO, Choo Chiau Beng describes the challenges for the rest of the year.
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.
Most companies do not have a water management plan, but as water shortages spread around the globe, corporations will be courting disaster.
As crews prepare to fully shut off water to Maryland's Prince George's County, residents suffering through a heat wave are being asked to limit their water usage.
An unexpected drop in jobless claims helped spur U.S. oil to its highest level in 16-months on Thursday, narrowing its spread with Brent crude.
Price action in this decliner looks classically bullish to Cramer.
The global economy could start to feel the pinch from rising oil prices, as a further rise of $10 in crude could shave 0.2 to 0.3 percent off annual global economic growth.
CNBC's Sharon Epperson discusses activity in the commodities markets, and looks at where oil and precious metals are likely headed.
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.
CNBC's Michelle Caruso-Cabrera reports Florida Power and Light Company imploded four 350-foot smokestacks and four 75-ton boilers at its Port Everglades Power Plant in Fort Lauderdale.
CNBC's Bertha Coombs discusses the commodities markets, and looks at where oil and precious metals are likely headed.
Option traders are looking for Norfolk Southern to steam ahead in coming months.
U.S. oil settled marginally higher after the Energy Information Administration reported further draws in American crude stockpiles and larger-than-expected increases in gasoline inventories.
Crude edged up on Monday, with U.S. oil finishing the session modestly higher, as traders mulled the impact of mixed economic and industry data from the United States and China.
Gas prices are up 14 cents in the past week, to an average $3.61 nationwide. We may see prices go even higher in the coming weeks, but there are ways to save.
Oil prices should be about half of today's $105 a barrel by the end of the year, but that doesn't translate to $2 a gallon gas prices, Gulf Oil CEO Joe Petrowski tells CNBC.