Oil fell on Tuesday, on concerns that the U.S. Federal Reserve might scale back its quantitative easing program, which could damage fragile demand.» Read More
CNBC's Steve Liesman takes a closer look at the real impact of gas prices on the economy.
The more the President attempts to explain his plan to address the U.S.' energy problem, the less sincere he sounds. As if he is going through the motion of feeling our pain at the pump, not to mention at the supermarket.
Earnings are fueling the bull market run. Tech, financials and even health care show the recovery is stronger than people really think, even though the dollar dropped and silver and gold were up again. Todd Schoenberger, Land Colt Trading; Jim LaCamp, Macroportfolio Advisors; and Larry Glazer, Mayflower Advisors, discuss the economic signs. Also, a look ahead to next week's earnings, with Kayla Tausche.
During his illustrious career, Warren Buffett has ventured into a vast number of market sectors. Energy is a major component of Buffett's empire. And his investment goes way beyond oil. ...A report from TheStreet.
Today’s session on the Nymex is pivotal for the oil market. After a massive two-day selloff at the start of the week, oil bulls, with tremendous help from a feeble U.S. dollar, have managed to regroup and claw back into the fray.
With ever-increasing amounts of data being generated, energy-thirsty data centers are quickly becoming many firms’ most important green initiative.
Yesterday (Wednesday), Nymex crude oil closed higher. In reality, the market limped higher. Pulled up (begrudgingly, it seemed) by a Brent market in London that does not want to quit.
Today’s issue of The Schork Report highlights this inconsistency… exactly how high do oil prices have to go before the IEA thinks global oil consumption will respond?
The catalyst appears to be a research note that was put out by Goldman Sachs stating that the bank was exiting its CCCP Basket (40% of which was comprised of Nymex WTI crude oil for December 2011 delivery).
Fresh headlines over the weekend could portend another difficult week for oil bears (present company included).
Insight on the energy and power producer's plans for expansion, with David Crane, NRG Energy CEO.
Since last Thursday’s end-of-quarter inspired spike, Nymex crude oil has been on an absolute tear. At the same time the natural gas bulls have absolutely refused, again, to stop playing the role of Charlie Brown, to the bear’s Lucy.
People in new car show rooms are starting to migrate to smaller cars, particularly as gas prices continue to climb. They're buying four-cylinder vehicles and hybrids, reports CNBC's Phil LeBeau.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets, and looks ahead to where oil, gold, silver and copper are likely headed tomorrow.
In response to special questions, dealers reported some increase in the use of leverage over the prior six months by traditionally unlevered investors—in particular, asset managers, insurance companies, and pension funds.
This is the fourth interest rate hike since October that is meant to collar inflation. So far it has not worked. However, when it finally does..?
Call us cynical, but we are of the mindset that 1 temporarily displaced worker at a Toyota factory is worth more than 2 gainfully employed hamburger flippers.
A look at the markets and a check on the futures with Rick Santelli, live from the Chicago Mercantile Exchange.
The Nymex energy complex ended last week on a very strong note. The gasoline contract (RBOB) for June delivery closed at 313.02. That translates into a national average price for retail gasoline of ≈$3.70 a gallon by the 04th of July holiday. To this effect, we are prepared for a material decline in demand elasticities.
Discussing whether skyrocketing oil and gas prices are slowing down the economic recovery and the Republicans' alternative to President Obama's energy plan, with David Vitter, (R-LA); Joy Reid, The Reid Report; John Hofmeister, former Shell Oil president/CEO Of U.S. operations and John Kilduff, Again Capital.
A look at what it takes to drill for Texas oil.
In a domestic energy market developing faster than just about anyone can remember, the key is in finding an edge.
The environmental impact of "fracking," the drilling technology largely responsible for America's boom in energy production, is hotly contested.