Oil prices are in the midst of a prolonged slump, squeezing bottom lines everywhere. How do sovereign wealth funds cope?» Read More
Crude pushed higher in choppy trading as advances by Sunni insurgents in Iraq fueled concerns over a potential disruption to oil exports.
A deadline for Ukraine to pay Russia its gas bill passed on Monday morning after late-night talks between the two sides failing to reach an agreement.
Yukihiro Kumagai, Analyst at Jefferies, says the joint bid by Siemens and Mitsubishi Heavy Industries is "a little behind" General Electric's formal offer.
BP's chief economist says increased production in the United States will help keep oil prices relatively stable.
Christof Ruehl, chief economist at BP, says there is a slowdown in Chinese energy consumption that does not match with the 7.5 percent GDP growth predicted by the government.
Russian deputy Prime Minister Arkady Dvorkovich slams sanctions imposed on the country as "stupid" and says the country is open for investment and trade.
Take Iraq's oil out of the marketplace, and crude prices will go way higher than they are now, T. Boone Pickens told CNBC on Friday.
Another city has been taken by militant insurgents, reports CNBC's Michelle Caruso-Cabrera.
You wouldn't want to be the one paying the World Cup's energy bill.
The International Energy Agency report forecasts a jump in global oil demand, which affects both oil and gasoline prices. USA Today reports.
The military conflict in Iraq will send oil higher, even as the U.S. experiences an oil boom, Jim Cramer said Friday.
The crisis in Iraq is raising doubts about Iraq's oil export growth, reports CNBC's Michelle Caruso-Cabrera.
The Ukrainian prime minister ordered the energy sector to prepare for Russian gas cuts after Moscow and Kiev failed to resolve a gas price conflict.
Thomas Reed, CFO of Ruspetro, says the crisis in Ukraine has cast a shadow over the Russian oil industry with investment in the country being hit.
Iraq has become an important swing player with big promise in the global energy market, and the widening conflict there has oil experts worried.
Together, the United States, Mexico and Canada could form a bloc that would become the envy of the energy world.
Crude climbed to a nine-month high on Friday, as supply disruption fears took center stage.
The hit-or-miss market for initial public offerings is heating up again after a brief Memorial Day lull.
Sectarian violence in Iraq sent oil skyrocketing, propelling Brent and West Texas Intermediate up two percent.
Iraq has been absent from the global agenda for years – but now the very existence of the state is being called into question.
Get the best of CNBC in your inbox