Brent crude futures hovered near $94, reflecting sustained pressure from plentiful global supply and weak demand conditions in Europe and China.» Read More
CNBC's Sharon Epperson looks at how oil prices have fallen as support grows for a plan for Syria to cede its possession of chemical weapons, the resulting impact on retail gasoline prices in the U.S. and how much further pump prices could fall.
Even with SUV and crossover utility vehicles sales surging, the average fuel efficiency of new vehicles sold in August set a new record high for the U.S..
Syria said it will acknowledge that it possesses chemical weapons and sign onto the convention banning them, according to a new report.
President Obama on Tuesday night will address a nation solidly opposed to using military force against Syria, according to a new poll.
The conflict in Syria has more than halved the amount of oil the country can supply, the Organization of the Petroleum Exporting Countries said on Tuesday.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Oil prices slid more than $2 a barrel on Tuesday, as Syria accepted a Russian proposal to give up its chemical weapons, which made investors less nervous.
As Norwegians headed to the polling stations in a national election on Monday, analysts warned the country's economy risked overheating.
The latest Lundberg Survey shows an average gallon of gas moved up to about $3.58 from $3.56, reports CNBC's Becky Quick.
Oil eased on Monday, with investors focused on Syria after Russia and China again urged the United States to avoid military action.
There is growing speculation in global oil markets about the possible release of strategic stockpiles held by major industrialized consumers.
Secretary of State John Kerry says in London that Syria could prevent a U.S.-led military strike by handing over all chemical weapons.
Christyan Malek, analyst at Nomura, tells CNBC that they are formalising their cautious view on the oil sector.
The average price for a gallon of gasoline in the U.S. rose in the last two weeks, reversing four weeks of declines as crude oil advanced.
Global X Fund has a new exchange-traded fund that offers a way to play the U.S. energy boom, using midsized oil and gas pipeline operators as investment vehicles.
China's imports of crude oil, iron ore, copper and soybeans fell in August from July's record highs, but shipments stayed at elevated levels.
A probe by fmr. FBI dir. Louis Freeh finds that several private plaintiffs' attorneys corrupted a settlement process for BP 2010 oil spill victims.
Oil staged a brisk rally on Friday, with U.S. oil jumping to a more than 2 year high above $110, bolstered by renewed concerns about a potential conflict in Syria.
The panels pose a number of problems for fire crews, including causing electrical shocks and preventing roof access.
The State Department ordered nonessential U.S. diplomats to leave Lebanon due to security concerns as the Obama administration and Congress debate military strikes on Syria.
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