Oil prices steadied above $48 a barrel, recovering from earlier losses as the dollar weakened against the euro.» Read More
John Paulson correctly anticipated merger activity in the energy sector, making him one of the big winners of Whiting's purchase of Kodiak.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil climbed on the day, as crude inventories were down 7.2 million barrels.
The Permian Basin of west Texas and southeast New Mexico is seeing an exploration renaissance, according to Oilprice.com.
Up nearly 20 percent in the past five months, the energy sector still has room to run, Matarin's Nili Gilbert says.
Neil Atkinson, head of analysis at Lloyd's List Intelligence, discusses the outlook for the oil market after key Libyan terminals reopened.
The $6 billion buyout of Kodiak Oil & Gas is renewing attention on energy firms in North Dakota's Bakken formation.
Brent crude slipped towards $106 a barrel on Tuesday, as worries over Middle East and North Africa tensions eased.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Yellen's testimony helped drive down gold on the day, as traders tried to interpret her remarks.
Intense negotiations with Iran have yielded "tangible progress," but significant gaps remain, Secretary of State John Kerry says.
A mass of polar air pushing south from Canada will threaten record lows for this time of year in the Midwest, NBC News reports.
A federal appeals court said U.S. President Barack Obama deprived a small Chinese-owned firm of constitutional protections in a 2012 executive order.
Private equity firm KKR continues to expand its offerings, this time buying a stake in hedge fund firm BlackGold.
Big mergers are afoot. But is a major shale oil deal a sign of a strong market?
Whiting Petroleum said it would acquire Kodiak Oil& Gas for $3.8 billion, becoming the largest producer in North Dakota's Bakken shale play.
Average gas price prices fell over the past three weeks in reaction to declining costs of crude oil, according to the Lundberg survey released.
Oil prices were little changed as traders weighed turbulence in the Middle East against signs of a market well-supplied with crude.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
The United States is swimming in oil and gas. However, processing this bounty is posing a challenge to U.S. refiners.
The government will have its planned gasoline stockpile in time to respond to possible supply disruptions at the height of the hurricane season.
An enterprising CEO at this oil and gas company makes its stock very attractive if it falls from current levels, says Jim Cramer.
Get the best of CNBC in your inbox