Brent crude drew closer to $98 a barrel on Friday and is set for its first weekly gain in three on the possibility of lower OPEC output.» Read More
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Supply disruptions and doubts of an Iranian agreement drove prices higher today.
Oil climbed more than $1 per barrel, as support from Libyan supply outages offset forecasts for increases in U.S. stockpiles.
CNBC's Sharon Epperson reports that gasoline prices rose nationally for the first time in nearly two weeks today. Will the rise continue?
Tesla Motors is not recalling its Model S electric cars, said Tesla CEO Elon Musk, quashing speculation following the automaker's third battery fire incident.
Saudi Arabia is upset with the U.S. over Iran, but any move by that country is unlikely to broadly affect global energy markets.
The U.S. will pass Saudi Arabia and Russia to become the world's top oil producer by 2016, the West's energy agency said.
The average price for a gallon of gas in the U.S. fell in the last three weeks in sync with a drop in crude oil prices, the Lundberg survey found.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil was down more than $2 on the day. Signs of a taper could be the reason.
The fallout from the failure of a high-profile international meeting over Iran’s nuclear ambitions could be most felt in the cost of oil.
U.S. oil futures fell more than $2 a barrel amid speculation the Fed may ease up on its monetary stimulus.
Transocean said it reached an agreement with Carl Icahn.
Foreign investors are among the biggest beneficiaries of the U.S. energy boom, underscoring the great positioning of small energy companies.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up slightly today and gold hit a one-month low over fears of inflation in China and speculation of a Fed taper.
Oil prices rose on Monday after Iran and six world powers failed to reach a deal on Tehran's nuclear program.
Jens-Michael Janssen, project developer at Hochtief, and Jurgen Klein, senior project manager at Patrizia, discuss their respective smart-house projects in Hamburg, Germany.
With prices at the pump falling steadily for the past week, many stations may cut their prices on the weekend to stay competitive.
Crude rose but remained within view of its lowest since early July, as Western powers stepped up efforts to reach a deal with Iran.
Oil futures bounced off a four-month low on Friday, but analysts say prices could plunge if an agreement is reached on Iran's nuclear program.
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