Oil rebounded on Tuesday from the previous session's tumble, lifted by fighting that threatened Libya's oilfields.» Read More
Assailants have kidnapped 40 Indian construction workers from Iraq's Mosul, which fell to Sunni insurgents last week, India's foreign ministry said.
Brent held steady above $113 per barrel while U.S. crude weakened slightly, as speculation about Iran and the West offset fears about Iraq.
Energy stocks may be getting too rich and could quickly give up gains if the Iraq situation is defused, some analysts said.
Unlike recent geopolitical threats in Syria and Ukraine, Iraq's current conflict may have a lasting impact on oil markets that goes beyond short-term price action, Morgan Stanley argues.
Scott Darling, Regional Head of Oil & Gas Research at J.P. Morgan, explains why he likes PetroChina and PTT Exploration & Production.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. There was a pause today, as WTI was down slightly. Gold was down on the day, as traders kept their eyes on the Fed.
Iraq's biggest oil refinery, Baiji, has been shut down and its foreign staff evacuated, refinery officials said on Tuesday.
Bob Dudley, BP CEO says his company hasn't missed a beat in operations so far, reports CNBC's Michelle Caruso-Cabrera, with an update from Iraq.
Daniel Yergin, vice chairman of IHS, says the world markets want U.S. liquefied natural gas (LNG) for diversification.
The U.S. has done a superb job of bringing on more sources of oil so there are more choices in the market, said former BP CEO John Browne.
Jonathan Waghorn of Guinness Global Energy Fund sees a clear path to $150-a-barrel levels for crude oil.
The two major carmakers are keen on talks with Tesla to cooperate on charging networks after Elon Musk opened the company's patents. The FT reports.
Ben Lando, Iraq Oil Report editor-in-chief, and CNBC's Michelle Caruso-Cabrera, discuss Iraqi oil production and export.
As rebels continue to create unrest in Iraq, policymakers and observers alike can't agree on what, if anything, the U.S. should do.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Gold was up slightly on the day, to $1,275.30, while oil traders took a wait & see approach as Iraq simmers.
Crude pushed higher in choppy trading as advances by Sunni insurgents in Iraq fueled concerns over a potential disruption to oil exports.
A deadline for Ukraine to pay Russia its gas bill passed on Monday morning after late-night talks between the two sides failing to reach an agreement.
Yukihiro Kumagai, Analyst at Jefferies, says the joint bid by Siemens and Mitsubishi Heavy Industries is "a little behind" General Electric's formal offer.
BP's chief economist says increased production in the United States will help keep oil prices relatively stable.
Christof Ruehl, chief economist at BP, says there is a slowdown in Chinese energy consumption that does not match with the 7.5 percent GDP growth predicted by the government.