Oil headed for its third weekly loss as worries about supply disruptions in the Middle East and North Africa eased, although Brent stayed above $108.» Read More
Crude fell sharply on Wednesday, with U.S. oil ending the session barely above $105 as weak China data renewed concerns over demand growth.
Even after U.S. crude finally eliminated a three-year discount versus global benchmark Brent, some cash markets are sending a curious signal: refiners are ready to pay even more.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Gold closed above $1,300 today. And oil could get to $110/barrel.
U.S. crude, whose market price Friday exceeded its international counterpart for the first time since 2010, is expected to continue its relentless advance as long as the U.S. outperforms other major economies.
U.S. oil settled modestly higher on Tuesday, after a day of volatile trading in the closely watched spread between international benchmark Brent and U.S. crude oil futures.
An energy trading firm is being charged with manipulating markets through "spoofing," an increasingly frequent scheme in which false bids are submitted and then pulled back
American motorists are bracing for further increases in gas pump prices this summer after average national prices rose 12 cents in the past week alone.
A major study by the DOE found no evidence that chemicals from the fracking process contaminated drinking water. John Hofmeister, former President of Shell Oil, discusses whether this will convince the doubters.
CNBC's Diana Olick reports The Save Act will essentially subtract the savings in your energy bill from your monthly debt, which lenders factor against your income. Also, the impact of the refi slowdown, with Fred Glick, U.S. Loans Mortgage president,
U.S. oil prices pulled back from last week's 16-month high on Monday as traders locked in profits from a blistering rally that briefly sent U.S. crude to a premium over Brent.
Glenn Rosewall, Executive Chairman at BBY says investors should be wary of energy stocks in the medium term. He says that the oil price is too strong, and that there's potential for it to impact Australian oil & gas companies.
Apache Corp. says it has agreed to sell its Gulf of Mexico shelf assets for $3.75 billion to private equity firm Riverstone Holdings.
Why surging oil prices could put the kibosh on stocks.
The brutal heat wave that has broiled the country this week has saved its worst for last, smothering millions in triple-digit conditions meteorologists called "dangerous."
U.S. crude briefly traded at a premium to the global benchmark Brent on Friday for the first time since October 2010, ending the session only modestly lower.
Legendary short seller Jim Chanos argued that a slowdown in mining is going to cut into Caterpillar's earnings faster and deeper than investors expect.
With electricity demand in places like NYC flirting with all-time highs, power prices are reaching staggering levels.
Richard Lorentz, Founding Director of KrisEnergy, discusses how the company plans to use the money it raised in its Singapore IPO.
The CEO of one of the world's top offshore rig-makers, Singapore's Keppel Corp, will be stepping down at the end of this year. In one of his final interviews as CEO, Choo Chiau Beng describes the challenges for the rest of the year.
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