Brent crude held below $60 near a 5-1/2-year low as a global oversupply persists, even as companies cut upstream investments.» Read More
Chesapeake Energy and Encana were charged with colluding to keep lease prices artificially low in Michigan, state Attorney General Bill Schuette said.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Disappointing China data dominated the markets, which drove oil down. Copper was down, as well. Gold closed up about $3 on the day.
Ukrainian politician Vitali Klitschko told CNBC that Russian President Vladimir Putin was worried over how events were unfolding in Ukraine.
Russia retains a battery of well-paid American public affairs experts and lobbyists, including PR firm Ketchum.
CNBC's Sharon Epperson speaks with Michael Smith, Chairman and CEO of Freeport LNG, about its $14 billion export terminal in Texas, and gaining market share in Europe.
U.S. oil rose more than $1 a barrel as tensions lingered in Ukraine and a report showed U.S. job growth accelerated by more than expected.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A mixed day in the energy pits. Crude was down a bit and nat gas popped after a drawdown that was greater than expected.
Philadelphia Energy Solutions CEO Phillip Rinaldi talks about why he opposes lifting the ban on US crude oil exports right now, as well as why he believes it will result in higher prices for refiners, and consumers at the gas pump.
Refining company Valero Energy is now seeking to export Canadian crude to its refinery in the UK.
Oil was whipsawed on Thursday, as geopolitical risks over Ukraine competed with economic data pointing to weaker demand.
CNBC's Sharon Epperson reports how oil and gas companies are looking at investing in Iran once sanctions are lifted.
As political tensions rise, the cooperation between the U.S. and Russia in the energy industry is large and growing, experts at IHS CERAWeek say.
Crude fell for the second straight session, as fear eased that Russia's incursion into Ukraine could lead to all out war.
CNBC's Sharon Epperson discusses Europe's energy industry with Centrica CEO Sam Laidlaw and ENI CEO Paulo Scaroni.
CNBC's Jackie DeAngelis reports crude oil inventories are up 1.4 million barrels while gasoline inventories are down 1.6 million barrels.
Billionaire Harold Hamm will not have to give up his controlling stake in Continental Resources as part of a divorce settlement, according to Forbes.
CNBC's Morgan Brennan reports health care is up over 7 percent year-to-date, and Courtney Reagan says energy is one of the biggest lagging sectors. FMHR Josh Brown is more interested in health care for the short-term.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
The pace of energy developments in the U.S. and a hundred-year supply of natural gas is a global game-changer, says energy guru Daniel Yergin.
The Obama administration announced new fuel and automobile rules to cut emissions, which it says will reduce asthma and heart attacks in the U.S.
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