CNBC's Bertha Coombs reports crude oil inventories fell unexpectedly last week.» Read More
Black Gold's run has been a wild one for investors, sparking oil analysts to recently raise their forecasts. While the U.S. economy and demand are not the drivers behind this rush, the momentum is there (for example as a currency hedge).
The US may be entering a golden age of natural-gas use. Yet despite its huge potential, there are two major obstacles facing the industry—low prices and a push by Washington toward renewable energy.
How much do you know about the finances, facts and figures that made 2010 a year like no other?
Apple will buy Facebook, Congress will block a third round of quantitative easing and the S&P will reach a new all-time high. These are just some of the outrageous predictions for 2011 put forward by Saxo Bank in its annual "Black Swan Exercise."
Crude oil prices surge past $100 a barrel, the natural gas market sputters and the dollar sinks.
Legendary oil and natural gas executive T. Boone Pickens outlines his energy plan, which includes an expansion of renewables in power generation, and advancing the use of domestic fuels — most logically natural gas — for transportation , which accounts for two-thirds of our oil use.
Geneva will leave London behind and become the world’s most important trading hub for physical energy commodities, including oil, as leading companies relocate dozens of traders to Switzerland, according to industry executives, reports the Financial Times.
Check out Cramer’s interview with the CEO.
Andrew Littlefair gives us the latest on this Cramer-endorsed legislation.
On Wednesday, Senate Majority Leader Harry Reid is expected to put the Pickens Plan for energy independence up before the Senate.
Natural gas has historically been one of the toughest trades in the commodities group and, once again, funds are losing big betting the wrong way.
Even as many politicians, environmentalists and consumers want renewable energy and reduced dependence on fossil fuels, a growing number of projects are being canceled or delayed because governments are unwilling to add even small amounts to consumers’ electricity bills. The New York Times reports.
The natural gas company reported results that surpassed what analysts expected Wednesday, despite lower natural gas prices for the quarter compared with a year prior.
Solyndra, the Silicon Valley company that won a federal grant to build a robotic factory, faces stiff price competition from Chinese manufacturers, the New York Times reports.
An expected flood of money in Papua New Guinea could throw a country already beset by corruption into further turmoil. The NYT reports.
T. Boone Pickens told CNBC Friday that he’s more conservative in his business dealings, thanks to mistakes, including a whopper—doling out dividends to shareholders, which were actually equity in the company.
The directors of coal producer Massey Energy Co are exploring strategic alternatives, including a possible sale of the company, the Wall Street Journal reported on its website on Monday, citing people familiar with the matter.
According to the U.S. Commodity Futures Trading Commission (CFTC) bullish bets on nat gas from hedge funds fell to the lowest level this year. Here's why:
Coal stocks have outperformed the S&P 500 by 14 percent since July 1, but now may be time to cash in after Goldman Sachs reduced its rating on the sector to "neutral" Monday.
The Environmental Protection Agency is expected to raise the maximum amount of ethanol that can be blended with gasoline for vehicles manufactured since 2007.