Brent crude edged further above $61 a barrel on Thursday, after sharply lower prices forced companies to cut upstream investments around the world.» Read More
The U.S. trade deficit was the smallest in four years in November, as exports hit a record high and weak oil prices restrained imports.
Oil rose as new worries about Libyan output and fighting in Iraq helped prices rebound after five straight declines.
David Hewitt, Global Co-head of Oil and Gas Research at Credit Suisse, says Saudi Arabia's control of the oil market to weaken on the back of more supply from Libya, Iraq and Iran.
As Iraqi security forces move to recapture key cities taken by militants, oil traders appear to be taking it in their stride.
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.
Progress in solving this problem could send oil prices sharply lower, according to the Eurasia Group risk assessment consultancy.
Any slowdown in China won't have a long term effect on the price of oil, says Malcolm Graham-Wood, founding partner at Hydrocarbon Capital.
John Ryding of RDQ Economics and Michael Ryan of UBS weigh in on what's likely to push markets higher this year.
The federal government issued a safety alert that crude oil being transported from the Bakken region may be more flammable than traditional heavy crude.
Discussing how to play the U.S. energy revolution in the U.S., with Keith Banks, U.S. Trust president.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Gold got hammered early this morning, in a matter of minutes. Oil was largely unchanged on the day, and if an agreement is reached over Iran's nuclear program, it could fall to $80/barrel, she reports.
The Dow tumbled 135 points Thursday, to 16,441, its worst decline since Nov. 7.
Brent crude oil was flat Monday, with U.S. oil ending at a one month low amid hints of growing supply.
Ford has developed a concept model that runs primarily on solar power, creating a vehicle that is not dependent on traditional energy sources.
There's good news coming for consumers next year. Gasoline prices will fall to a four-year low, dipping below $3 a gallon for the national average.
CNBC's Jackie DeAngelis reports on the weekly natural gas storage report. Natural gas saw a drawdown of 97 bcf.
Near-blizzard conditions and record cold snarled air travel up and down the East Coast, causing thousands of flight delays and cancellations.
Crude oil prices dropped as traders anticipated the return of Libyan oil and U.S. inventory data hinted at weak demand.
Two trains collided near Casselton, ND, on Monday afternoon and about 10 train cars were still engulfed in flames, a local sheriff said on Monday.
At the stroke of midnight, hundreds of new laws go into effect around the country. Here's a sampling. NBC News reports.
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