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Christof Rühl, BP Group chief economist, and CNBC's Steve Liesman, discuss oil's impact on the economy and America's emerging energy independence.
CNBC's Michelle Caruso-Cabrera reports on the ongoing crisis in Iraq as black flags fly over Baiji.
Igor Sechin, CEO of Rosneft, says he cannot understand why there are U.S. sanctions against him, calling it a "sad situation".
Jonathan Barratt, Chief Investment Officer at Ayers Alliance Securities, says militants won't disrupt oil production in Iraq as that may invite intervention from the U.S. and Iran.
With insurgents attacking Iraq's biggest oil refinery, the U.S. may be compelled to send its troops into the country, says Patrick Basham, Founding Director at the Democracy Institute.
Faysal Itani, Resident Fellow at the Atlantic Council, explains why the U.S. is in a tight spot this time when it comes to quelling instability in Iraq.
The president has shifted his focus away from airstrikes in Iraq as an imminent option for slowing a fast-moving Islamic insurgency officials said.
Iraq has asked the U.S. to stage air attacks on Sunni Muslim insurgents, according to a top American general.
Backers in favor of the Canada-to-Texas pipeline are pointing to the crisis in Iraq as a rationale for pushing the project forward.
According to the Iraq Oil Report, it's a stalemate when it comes to the Baiji Refinery. CNBC's Michelle Caruso-Cabrera reports the latest in Iraq.
Drivers in Iraq's northern region are lining up at gas stations. CNBC's Michelle Caruso-Cabrera provides insight.
Iraq is likely to continue to come apart in a sectarian war, says Gen. Barry McCaffrey, discussing the reality on the ground in Iraq and explaining why he thinks the conflict is a long-term threat to the United States. McCaffrey says the ability of the U.S. military to influence events in this conflict is limited.
Exxon Mobil has declined to comment on reports that they are carrying out mass evacuations in Iraq. CNBC's Michelle Caruso-Cabrera reports the latest on the violence.
Sunni militants have attacked Iraq's largest oil refinery, reports CNBC's Michelle Caruso-Cabrera.
NBC's Richard Engel reports on the latest round of violence in Iraq as President Obama rules out immediate air strikes and Iran's Rouhani announces his country will not hesitate to protect holy sites in Iraq.
CNBC's Michelle Caruso-Cabrera talks with Dr. Najmaldin Karim, governor of Kirkuk about the recent violence in Iraq and the suggestion of breaking up the country into three parts.
NBC's Ayman Mohyeldin reports on the latest round of violence in Iraq as President Obama rules out immediate air strikes and Iran's Rouhani announces his country will not hesitate to protect holy sites in Iraq.
Peter Hutton, energy analyst at RBC Capital Markets, discusses the impact the crisis in Iraq will have on oil production and says the propensity for the oil price to break its range upwards "is really quite high."
Frank Ledwidge, author of "Losing Small Wars", says politicians are to blame for the "strategic catastrophe" in Iraq over the past decade.
Amrita Sen, chief oil analyst at Energy Aspects, says Iran is a potential beneficiary of the violence in Iraq as it could see some sanctions lifted to allow it to ramp up oil production.