Brent crude hovered near $107.50 a barrel as investors eyed U.S. data and policy decision from the Federal Reserve for more price direction.» Read More
There is a sell-off in natural gas today, reports CNBC's Bertha Coombs, as demand wanes across the nation and prices sink.
300 jobs may be gone by September in the town of Tofte, the deadline set by the loss-making oil plant's Swedish owner to find a buyer or close.
Crude oil futures rose for a fourth straight session on Thursday, gaining over $1 a barrel, as conviction strengthened that monetary stimulus measures from major central banks would stay in place for the time being.
Low natural gas prices could help cut the energy bills of consumers who ditch their electric appliances in favor of those that use gas. But savings may be slim for some.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Energy was a bit better, in spite of a fairly bearish inventory report and a large build in gasoline.
Oil edged higher on Wednesday, shaking off earlier losses following a large buildup in U.S. gasoline inventories, buoyed by gains in the stock market and heavy spread trading.
The International Energy Agency called renewables "the fastest-growing power-generation sector" and said it expects them to comprise a quarter of the world's power mix by 2018.
Maria van der Hoeven, executive director of the IEA, provides perspective on the changing energy picture and her outlook on renewable energy, with CNBC's Sharon Epperson.
Some observers warn that surging shale development and natural gas discoveries are spawning a potential glut, but most observers say thirsty markets stand ready to absorb supply.
President Obama announces a wide-ranging plan to tackle pollution and prepare communities for global warming.
President Barack Obama will direct his administration on Tuesday to begin addressing the issue of climate change with executive branch actions, sidestepping Congress.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. A lackluster session in the oil markets today, as oil came down a bit. If the oil supply is up again this week, it will put even more downward pressure on prices.
Crude oil prices ended near flat in a sluggish day of trading on Tuesday as stronger equity markets put a floor under prices and Brent's premium over U.S. crude slid below $6.
There are plenty of reasons to hate this market. But there are also some reasons to love it.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up more than 1 percent at the close, while gold was down about 1 percent.
Brent and U.S. crude prices recovered from an early sell-off to three-week lows on Monday, rising as record flooding in Canada's main oil producing province threatened exports to the United States.
Statoil said last week it was forming a special operations division to handle emergency operations in response to a terrorist attack on a natural gas facility in Algeria.
U.S. oil pipeline projects are mired in fractious regulatory and political problems. Yet railways--which experts say are faster and more flexible--are stepping in to save the day.
Tesla is launching a battery swap that takes 90 seconds, reports CNBC's Phil LeBeau. Also, there is a bill in the NY legislature that would ban Tesla sales and registrations in the state.
Russia must urgently reform its energy sector if it is to remain a global player in the energy markets, according to experts speaking at the St. Petersburg International Economic Forum.
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