Brent crude fell towards $106 as higher OPEC output and disappointing demand outweighed tensions in the Middle East and Africa.» Read More
U.S. energy independence is seen almost as a holy grail, and soaring shale production has heightened hopes that the country may actually get there. But not everyone's so sure.
Oil prices ended slightly higher in sluggish trading as the market awaited the Federal Reserve's policy statement that is expected to show whether it will reduce monetary stimulus.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil was up to nearly $99/barrel before closing below $98. The situation in Syria and the week's Fed watch is having an impact.
The shale revolution helped push oil production in the world's largest economy to a record last year, BP said in a report this week.
Continental Resources' CEO is worth at least $11 billion, and a split from his wife could result in the largest divorce settlement in history
What are the biggest outside threats to the U.S. markets? Syria? Turkey? Iran? Peter Kenny, Knight Capital, and Helima Croft, Barclays, tell CNBC what they're most concerned about around the world.
Brent crude rises to $107 and US oil strikes a nine-month high after news that US authorized sending U.S. weapons to Syrian rebels sparked concerns about Middle East supplies.
U.S. oil prices rose to its highest level since September on Friday as tensions escalated between the U.S. and Syria.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders are waiting to see how the Iranian elections go.
This week's supplies of natural gas were within the expected range, reports CNBC's Sharon Epperson.
BP Chief Economist Christof Ruhl offers his views on what's prompting the oil selloff and the outlook for developing domestic energy supplies.
Brent crude oil settled higher, reversing an earlier decline after U.S. data showed stronger-than-expected retail sales and a fall in jobless claims, although subdued global energy demand limited oil's rebound.
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching Thursday.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Natural gas rebounded today, ahead of tomorrow's storage report.
Cyclicals are heating up as the summer approaches and the economy starts to show signs of improvement, analysts say.
There's excitement over the possibility that natural gas may overtake gasoline as primary fossil fuel for vehicles. There's one problem: Where would a natgas car fill up?
The world is heading for a glut of refined products as new Asian and Middle East refineries increase oil processing in a move likely to force less advanced competitors in developed countries to close, the West's energy agency said on Wednesday.
Early predictions for less expensive summer cooling bills could be misleading. Electricity rates are rising, making the dog days of summer more expensive. How to prepare.
US light, sweet crude prices end higher at $96 a barrel due to worry over supply disruptions but capped by a jump in inventories in US and estimate cut for oil demand.
Get the best of CNBC in your inbox