U.S. oil futures closed out a fifth straight week of declines, under pressure on a strong dollar and plentiful supplies.» Read More
Despite signs of economic recovery, the number of miles individuals are driving keeps on declining, according to two new studies.
U.S. oil settled higher as U.S. lawmakers voiced support for military action against Syria, raising new fears about an armed conflict that could crimp supply.
Brent crude oil steadied around $114 on Monday, after a week of gains, as worries over possible Middle East supply disruptions receded.
Crude prices finished lower on Friday, amid relentless speculation about whether the United States would stage a military strike against Syria.
$1.6 million per missile. That's the cost of the Tomahawks the U.S. Navy may fire into Syria. But will that be a boon for Raytheon, which makes them?
John Hofmeister, Citizens for Affordable Energy, discusses how uncertainty in the Middle East is impacting global energy production and prices.
Richard Hastings, Global Hunter Securities, explains why minor oil disruptions in the Middle East will unlikely cause a major spike in energy prices.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Energy and metals were lower on a stronger dollar. The situation in Syria continues to preoccupy traders, even though military action does not appear to be imminent.
Crude oil fell broadly on Thursday, with U.S. oil closing the session sharply lower, as the possibility of a delay in a U.S.-led military strike on Syria helped calm concerns.
Howard Ward, Gabelli Funds; Charles Campbell, MKM Partners, and Boris Schlossbeg, BK Asset Management, explain why gold, Treasurys and oil could likely move higher in response to military action in Syria.
CNBC's Bertha Coombs has the latest numbers on natural gas supplies.
Kyle Cooper, IAF Advisors, and Tom Kloza, GasBuddy analyst, provide insight on how to play the direction in gas and oil prices.
CNBC's Courtney Reagan discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Greg Priddy, Eurasia Group, provides perspective on how Middle East unrest is impacting energy prices, including a reduction in production in Libya.
CNBC's Brian Sullivan and the Fast Money traders discuss the day's top trades and the stocks they'll be watching Thursday.
U.S. oil closing at its highest level in nearly two years, as markets worried about the fallout from a potential strike against Syria and the impact on supply.
Oil could briefly spike to $150 per barrel or more if Syria's supporters seek to punish the U.S. and its allies for a military strike against it by disrupting oil supplies. Brent oil could briefly spike as high as $150 a barrel.
As the world watches Syria amid concerns of a U.S.-led military intervention, halfway across the globe a nuclear disaster could be unfolding with the potential for years of repercussions in Japan.
Armed groups are exploiting the state's weakness and showing their own power in several ways, including shutting down oil production at various sites. The GlobalPost reports.
Vasu Menon, Vice President, Wealth Management Singapore of OCBC Bank says Syria is not a major producer of oil and eventually fundamentals will pull oil prices back lower.
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