Aug 21- Deutsche Bank has sold its North American natural gas trading book to Morgan Stanley, a source familiar with the deal said on Thursday. Deutsche Bank and Morgan Stanley declined to comment. Last month, Morgan Stanley bought Deutsche Bank's bulk commodities trading book in coal, iron ore and freight forward contracts.» Read More
CNBC's Bertha Coombs reports on the day's activity in the commodities market and looks ahead to where oil and precious metals are headed next week.
It looks like it may be a busy weekend for Williams Companies, its advisors and its board of directors as the company seems likely to move ahead with an offer to top Energy Transfer's latest $40-a-share offer for Southern Union, according to sources.
CNBC's Bertha Coombs reports oil prices rallied near the $100 dollar mark on today's strong economic reports.
CNBC's Bertha Coombs reports a build up in natural gas inventories sent futures plummeting today.
Ahead of large-scale protests planned for this Friday, Egyptian Prime Minister Essam Sharaf stressed that the government respects the right of citizens to demonstrate peacefully.
Energy Transfer Equity has agreed to pay a revised $5.1 billion for pipeline company Southern Union, increasing its offer in an effort to trump rival bidder Williams Cos.
High oil prices and concerns over the safety of nuclear power following the Fukushima crisis in Japan are reigniting interest in renewable energy, with wind power likely to be a major beneficiary, Tulsi Tanti, chairman of Suzlon Group, told CNBC.
With half the world's known reserves of oil and gas sitting in the fields of Saudi Arabia, Abu Dhabi, Qatar and the rest of the region, not many people think of the Middle East as having problems with energy.
The engine maker's top executive talks about the company's future prospects, including nat gas-powered vehicles.
Westport Innovations CEO David Demers discusses a deal with GM to develop nat gas engines, with Mad Money host Jim Cramer.
1st paragraph of story should go here
Gazprom, the Russian gas monopoly, could take advantage of Greece's sovereign debt crisis to strengthen its leading position on European gas supply and counter attempts by the European Union to diversify its energy relationships.
Mad Money host Jim Cramer weighs in on nat gas after the recent flurry of negative press. CHK CEO Aubrey McClendon also weighs in.
In an interview with Cramer, the executive responds to recent claims made against the nat gas industry.
The New York Times has stirred up a natural gas debate. Is the nat gas sector a Ponzi scheme? John Hanger, Eckert Seamans, and Art Berman, Labyrinth Consulting Services. CNBC's Brian Shactman also weighs in.