Oil rose by more than $1 on Tuesday as fighting in Libya, stronger equity markets and firm demand helped Brent futures recover.» Read More
Crude rose as violence in Ukraine kept markets on edge, but prices remained on track for a monthly loss amid ample supply and weak demand.
CNBC's Bertha Coombs reports on energy prices ahead of weekly inventory data.
Russian Energy Minister Alexander Novak dismissed Ukraine's claims that Moscow plans to block gas transit to Europe.
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Brazilian markets have gone bullish on the recent surge of a candidate who could knock Dilma Rousseff out of the presidency in October.
A U.S. court on Monday threw out an order to seize some 1 million barrels of disputed Iraqi Kurdish crude oil from a tanker near Texas.
Demand fears clipped an early rally in oil on Wednesday, despite data showing a steep drop in U.S. inventories.
WTI could fall even further, but natural gas looks attractive, commodities expert Dennis Gartman says.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Crude continues to head south, even though geopolitical events keep a floor around the low $90s.
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Indonesia is growing protective of Natuna - a scattering of 157 mostly uninhabited islands - amid regional tensions in the South China Sea.
Trevor Sikorski, head of natural gas, coal and carbon at Energy Aspects, says Ukraine's gas reserves are low which could cause a supply issue for western Europe this winter.
Tuesday talks may look like a move toward a solution to the war in Ukraine, but experts aren't hopeful.
As regulators crack down on natural gas flaring in North Dakota, energy companies are scrambling to meet the rules.
Eugen Weinberg, head of commodity research at Commerzbank, says oil prices have not risen significantly despite geopolitical tensions because the market is still "well supplied".
U.S. crude rose as bullish U.S. consumer data overshadowed ample global oil supplies and weak economic data abroad.
The average U.S. price of gas has dipped 4 cents per gallon in the past two weeks, and California prices have fallen 5 cents.
Peter Bond, CEO of Linc Energy, explains why he took over the resources firm when it was on the verge of bankruptcy. He also tells CNBC the reason behind the switch in market listing from Sydney to Singapore.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Brent was up and WTI was down on the day, as headlines out of Libya spooked some traders.
Oil was mixed on Monday, as ample supply and weak demand countered support from geopolitical tensions.