Brent futures fell towards $108 a barrel on Wednesday as concerns about weak demand growth at the world's two biggest oil consumers overshadowed fears of supply disruption amid worsening geopolitical tensions over Ukraine.» Read More
The amount of oil produced in the U.S., now at a 21 year high, is nearly even with the amount being imported.
Crude prices ended the session mixed, as rising fuel supplies and faltering demand pointed to a growing surplus of oil worldwide.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching Thursday.
CNBC's Courtney Reagan discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Brent oil steadied above $104 a barrel on Wednesday, recovering from earlier losses after data from China showed crude imports by the world's No.2 consumer rose in April.
The Marcellus Shale, a 600-mile formation brimming with natural gas, is becoming a major asset in the U.S. energy boom.
Though investors are abandoning solar manufacturing, the solar game is far from over, with the next boom expected in storage, one analyst says.
As the market hits new highs, three companies have created "amazing short squeezes" by rallying against negative expectations, CNBC's Jim Cramer says.
The Iraqi government and Kurdistan authorities put together a deal that could see the Kurds resume oil exports to Iraq in return for a revision of the Iraqi 2013 budget.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching Wednesday.
Now that the Dow has cracked 15,000, the argument for "sell in May" may be getting weaker. "It's not based on anything but seasonality and phrases," says one trader.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Tomorrow, traders will be watching U.S. oil inventories as well as China trade data.
Brent crude oil fell on Tuesday, as weak fundamentals curbed initial gains spurred by strong German data, central bank policy and tension in the Middle East.
This energy company was hammered on Monday after a report hinted that the stock's distribution might be in danger. "Mad Money" host Jim Cramer decided to take advantage of the weakness.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders are watching the situation in the Middle East and whether violence could spread throughout the region, she says.
Crestwood Midstream Partners will acquire control of Inergy to form an entity with an enterprise value of about $7 billion, the companies said.
Oil edged lower as enthusiasm over last week's strong U.S. jobs report faded.
The U.S. economy is awash in fossil fuel production, raising a tantalizing prospect of whether the U.S. should liquidate its Strategic Petroleum Reserve to help close the deficit.
A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life into Asia's moribund IPO markets.