Baker Hughes reported on Friday U.S. drillers took fewer rigs out of oilfields after the biggest drop in a month the previous week.» Read More
US crude settled about 1 percent lower, but a possible a deal between Iran and world powers offset supply shocks in the Middle East.
Dominic Chu tells us the three sectors that may have the most to gain from a Republican-controlled Senate.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
The group of the world’s biggest global oil exporters has cut its forecasts for the price growth and global demand for oil.
Issues expected to get a new look include a corporate tax overhaul, environmental and financial regulation, trade deals and the Keystone oil pipeline.
Can the Washington divide get worse? CNBC's Eamon Javers deciphers recent bipartisan comments made by President Obama and House Speaker Rep. John Boehner (R-Ohio).
CNBC's Jackie DeAngelis reports natural gas inventories rises 91 billion cubic feet.
With the GOP taking control of both houses of Congress, at least one pro thinks some big changes lie ahead, especially in the energy sector.
Three energy stocks are poised to perform well despite falling oil prices, four-star fund manager John Dowd of Fidelity says.
Michele Della Vigna, head of European energy research at Goldman Sachs, says big oil companies need Brent crude at $110 per barrel to cover capital expenditure and dividend costs, but adds the oil price will remain under pressure in 2015.
Drilling down on the energy trade right now, with John Dowd, Fidelity portfolio manager. Dowd likes EOG Resources and Anadarko Petroleum.
CNBC's Dominic Chu reports the potential benefit to energy stocks with a GOP majority in Congress.
While oil is trading higher, there has been a major decline in the price of crude over the past few days. CNBC's Michelle Caruso-Cabrera goes to the charts to look back on oil production trends in the U.S.
CNBC's Rick Santelli looks ahead to Thursday's ECB meeting, and oil prices going lower.
The "Squawk on the Street" crew dissect the play on oil companies including EOG Resources after the company posted a great third quarter.
Saudi Prince Alwaleed Bin Talal, has called on authorities to create a sovereign wealth fund to help reduce the state’s reliance on oil.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude bounced in the morning after reports of an explosion at a Saudi pipeline. That and a bullish inventory report drove the price up a bit.
Oil futures spiked Wednesday on unconfirmed rumors of an oil pipeline explosion in Saudi Arabia and data that showed U.S. crude inventories rose less than expected.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil fell to $75 today but ended up a bit above $77. Strength in the dollar continues to drive oil prices lower.
Oil has fallen very far very fast but one research analyst believes crude prices may be close to its bottom.