Oil prices rose on news Saudi Arabia cut its supply to the market in September and on strong economic data from Europe and China.» Read More
Crude fell on Tuesday, on expectations that recent disruptions in exports from OPEC member Libya could be short-lived.
U.S. oil ended Wednesday on a sharply weaker note, tumbling below $97 per barrel after being hit by a double-whammy of surging crude stockpiles and a Fed that preserved the status quo.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. It's going to be all about the Fed tomorrow, she reports. The oil market will also be watching crude inventories, Wednesday morning. Investors are looking for another rise in supply.
The U.K's "big six" energy companies will be grilled by U.K. lawmakers on Tuesday about the reasons behind hiking their consumer energy bills.
Vandana Hari, Asia Editorial Director at Platts talks about the changing face of global energy landscape and highlights the upcoming key players.
Local liquors like cachaça in Brazil, baijiu in China and Indian whiskey are under attack as the emerging middle class develops a premium taste.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up slightly on the day, as there was a little buying at the end of the day. Natural gas was hit on a milder-than-expected weather forecast.
Faith Birol, Chief Economist at the International Energy Agency says the center of gravity of global energy demand is moving slowly but surely to the East.
Mark Mcardle, Minister for Energy & Water Supply for the Queensland Government, Australia describes why the Asian energy market is right for Queensland's gas exports.
Anthony Jude, Senior Advisor and Practice Leader of the Energy division at the Asian Development Bank says the shift towards renewable energy in Asia still has a long way to go.
Andy Karsner, Executive Chairman of the Manifest Energy Group and former U.S. Assistant Secretary of Energy says low natural gas prices won't hamper America's investment in energy efficient projects.
Crude futures rose sharply on Monday, with U.S. oil settling just shy of $99 after a drop in Libyan oil exports revived supply concerns.
Benchmark U.S. crude prices may record their fourth weekly loss as negative economic data hurts fuel demand, according to CNBC's latest market survey of traders, analysts and strategists.
U.S. oil futures rose while European Brent crude dipped, as traders bet that increasing refinery operations and a major new Midwest pipeline would keep rising inventories in check.
It's getting cheaper for Americans to fill their tanks and heat their homes, but consumers are unlikely to show signs of a big economic windfall.
Many wonder if the controversial Keystone XL pipeline will affect U.S. gas prices when its completed. Industry experts weigh in with an answer.
Western landowners are crying foul as they go through easement negotiations with energy giant TransCanada over the Keystone XL pipeline.
Hedge fund managers have entered a high-profile fray over the future of energy consumption in the U.S.—especially about the Keystone pipeline.
Wildlife officials to list the sage grouse as endangered species, a move that would greatly effect energy development in the Western U.S.
It may not be surprising that the City of Brotherly Love is home to a thriving shipbuilding economy, but the reason might be: domestic oil production.