U.S. crude held above $49 on expectations of a smaller build at Cushing, despite forecasts pointing to a new record high in the nation's inventories.» Read More
Crude rose in choppy trading, with Brent recovering from a 13-month low as turmoil abroad kept concerns about potential supply disruptions in focus.
July retail sales likely took a hit from falling gas prices, but the drop could mean more spending power during back-to-school shopping season.
The relative calm in global oil markets, despite tensions in Ukraine, Libya and Iraq, is beginning to unnerve the International Energy Agency.
Why aren't oil and gas prices rising sharply, along with tensions in Iraq?
Francis Wright, co-founder of Turquoise Associates, says as solar energy gets cheaper, there will be a "huge proliferation" of the technology in Europe.
Drivers often hit with bad weather patterns also get hit with some of the worst fees to operate a car, a new report suggests.
Kinder's $44 billion deal isn't part of a trend, but the basic story behind infrastructure as a play on energy is very much intact.
Brent crude extended losses for a third straight session, as tensions in Iraq were not expected to threaten the OPEC producer's output.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude moved lower, in spite of unrest in the Middle East. An IEA report said there was more supply for oil than demand.
Matthew Elliott, chief executive at Business for Britain, argues that although EU member states should follow the EU carbon emission targets, they should be able to decide on their energy mix.
The average driver pays $2,223 annually to operate a car, according to a Bankrate.com report.
Mad Money host Jim Cramer searches for the most attractive players in the energy sector that can will unveil growth by consolidation.
Kinder Morgan's plans to buy its subsidiaries in a $70 billion transaction could trigger more deals, says CEO Richard Kinder.
Kinder Morgan struck a $44 billion deal to merge its MLPs. Chris Faulkner, Breitling Energy, says the MLP market will still be attractive to investors following this "unique" story. John Spallanzani, GFI Group, provides perspective.
The US airstrikes in Iraq came just in time; here's what needs to happen next, says former White House adviser David L. Phillips.
Major oil companies are pulling non-essential staff members out of the Middle East, reports CNBC's Jackie DeAngelis.
Kinder Morgan is bringing its units under one roof in a $70 billion deal that reshapes the oil and gas pipeline company.
U.S. crude oil edged up as traders moved to cover short positions amid expectations on further draws in domestic crude inventory stocks.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Iraq tensions rise, but traders stay calm. And gold stays over $1,300.
The price of a gallon of gas in the U.S. fell in the past two weeks as crude prices have continued a broad decline.