Oil prices steadied above $48 a barrel, recovering from earlier losses as the dollar weakened against the euro.» Read More
A major benefit of the U.S. shale boom is how deeply it has cut into the vast the trade imbalance, bolstering the dollar.
Major oil producers are pulling staff from Iraq's Kurdistan region as the radical militants of the Islamic State advance towards its capital.
Oil fell, as analysts said U.S. air strikes in Iraq might actually lower the risk of oil supply disruptions.
Samir Brikho, CEO of AMEC, says talk of energy independence in Europe and the U.S. is "ramping up" in the wake of tensions with Russia.
Crude oil rebounded from the lowest prices in months, as the security situation in northern Iraq raised concerns about disruptions.
Thanks to a mild summer, natural gas is now closer to $3 than the levels above $6 that sent utility bills soaring early this year.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Weak demand vs. geopolitical unrest, which is having the biggest impact on oil prices?
Boone Pickens, BP Capital founder, weighs in on energy independence of the U.S. and current oil prices.
Pipelines could offer alternatives to rail and barge oil transportation, with CNBC's Jackie DeAngelis.
U.S. oil ended at a new 6 month low despite data showing a further decline in oil stockpiles and a steep drop in gasoline inventories.
Pipeline companies are viewed by Wall Street as engines of growth, especially as the oil boom in the U.S. continues.
The U.S. trade deficit narrowed more than expected as petroleum imports dropped to a 3-1/2 year low, suggesting trade is less of a drag on growth.
Russia and Iran have yet to agree on details of an oil-for-food deal, highlighting global pressures on both countries.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. In spite of all the geopolitical events in the Middle East, oil and gas were down on the day. Nat gas was up on the day.
Ongoing tensions between Russia and Ukraine have shifted opportunities for investors, Franklin Templeton's Katrina Dudley says.
Crude slipped as ample supply in the Atlantic basin outweighed worries that turmoil in the Middle East and Africa could disrupt production.
Chinese shipyards are aiming to take some $10 billion in orders for new LNG tankers, part of a plan to restructure its ailing shipbuilding sector.
Russia's Energy Ministry said it was withdrawing Minister Alexander Novak's statement on cooperation with Iran on crude oil shipments.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Oil prices climbed after last week's steep drop, as investors shifted from supply worries to violence in North Africa in the Middle East.
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