Brent crude futures hovered above $97 a barrel on Tuesday, but was on track for its worst quarterly drop in more than two years.» Read More
CNBC's Michelle Caruso-Cabrera reports on how Mexico's energy reforms are likely to affect American investors.
Crude jumped by more than $1 a barrel on Monday in reaction to strong manufacturing data from both China and the United States.
To reach as much as 50 billion barrels of deep-water gulf oil, Mexico is considering a constitutional change to allow foreign investment.
The key issue for Mexico's oil reform isn't privatization, it's whether it will open the industry to international companies, says Dan Yergin.
OPEC will likely keep production targets unchanged this Wednesday to offset declining output mainly from Libya, strategists told CNBC.
BP is expecting a surge in compensation payments over the 2010 Deepwater Horizon disaster, after a slowdown that has lasted almost two months. The FT reports.
Greg Zuckerman, author of "The Frackers," and Frank Holmes, CEO and chief investment officer at U.S. Global Investors, discuss the pros and cons of shale gas.
Facebook has something in common with Tesla. Here's what it is.
The IBA Hamburg in Germany unites 60 eco-friendly projects on the same site and showcases the world's first building getting its energy from...algae.
After the sharp drop in both gold and oil, you may be inclined to think both are buys. But they’re not.
If the weather outside is frightful, then this commodity is delightful.
Venezuela’s economy and regional influence, along with its energy largesse, are drying up in the post-Hugo Chavez era.
Crude was mixed, but Brent was set for its biggest monthly gain since August, as unrest in Libya kept supply disruptions in focus.
A towboat sank Monday in the Mississippi River near the Quad Cities-area community of LeClaire, releasing oil into the water.
Angela Knight, chief executive of Energy U.K., responds to the news that a cap may be imposed on the prices U.K. energy providers can charge. Knight says only a fraction of the price is within the control of energy companies.
The Senate is working on new sanctions in case Iran cheats on its pledge to roll back its nuclear program.
Even though Sunday's nuclear deal will free up billions in frozen assets, it will not do much to bolster Iran's economy.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. There's was a mixed trade for oil today, but a bullish day for nat gas, as the drawdown was bigger than expected. Oil hit a 5-month low after a bigger-than-expected build.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Traders are looking ahead to inventory numbers after the deal with Iran. They expect a build of about 800,000 barrels, she says.
Brent futures held above $111 a barrel on Thursday on worries that supply from OPEC member Libya will continue to be disrupted as winter oil demand increases, but a bigger-than-expected rise in US crude stocks kept the gains in check.
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