U.S. oil futures closed below the psychologically important $50 level—possibly signaling more declines to come and a retest of the March lows.» Read More
In an exclusive interview, Iraq's Ambassador to France, HE Fareed Yasseen, tells CNBC what the Iraqi government is doing to make the country more business friendly. Plus, how close Iraq is to fulfilling its energy potential.
Majid Jafar, CEO of Crescent Petroleum, tells CNBC why regional firms, not international conglomerates, have the know-how to navigate in Iraq.
The President of the US Business Council in Iraq, Hussain Qaragholi, tells CNBC what international firms face in-country. Plus, how security costs can impact your bottom line.
President Obama on Tuesday night will address a nation solidly opposed to using military force against Syria, according to a new poll.
Amrita Sen, chief oil analyst at Energy Aspects, tells CNBC that Syria's effect on the oil price will be limited in the short-term.
Mark Keenan, Cross Commodity Research Strategist at Societe Generale, explains how a strike in Syria could see tensions spread to Iraq and push the price of oil up to $125.
U.S. military and national security advisers huddled with President Barack Obama at the White House on Saturday to consider options for responding to the alleged use of chemical weapons by the Syrian government this week.
Harry Tchilinguirian, head of commodity markets strategy at BNP Paribas, expects the oil market to be "much tighter" in the second half of the year due to "multiple risks" on the supply side.
OPEC oil exporters agreed on Friday to leave output policy unchanged on Friday as oil held around the group's preferred level of $100 a barrel.
There is no favorable outcome in Syria at this point—only the least unfavorable—and even that will not likely be dictated by Washington.
Gareth Lewis-Davies, senior oil strategist at BNP Paribas, expects OPEC to keep its production quota unchanged, and discusses the appointment of a new secretary general.
Oil traders should not lose too much sleep worrying about what OPEC, often unpredictable and quarrelsome in the past, will do when it meets next week.
The Iraqi government and Kurdistan authorities put together a deal that could see the Kurds resume oil exports to Iraq in return for a revision of the Iraqi 2013 budget.
A dramatic shift in how energy is being produced and consumed around the world could lead to far-reaching changes in the geopolitical order.
A decade has passed since the U.S. invaded Iraq in pursuit of weapons of mass destruction. CNBC goes over some of the memorable sights and sounds from that conflict.
Just hours after across-the-board spending cuts officially took effect, Barack Obama pressed Congress to work with him on a compromise to halt a fiscal crisis he said was starting to "inflict pain" on communities.
Iran's crude exports to its biggest customer, Asia, fell by a quarter in 2012 and shipments this year are expected to drop by at least 12 percent under U.S. sanctions pressure, but ample alternative supplies will keep refiners flush with oil.
Just two weeks before his second inauguration, President Obama is acting as if he believes he has a big mandate for his next term. The latest sign: his decision to defy a concerted campaign against his choice for defense secretary.
OPEC agreed on Wednesday to hold its oil production limit unchanged at 30 million barrels a day, delegates at the meeting said. Ministers of the Organization of the Petroleum Exporting Countries continued in closed session to debate who should be the group's next secretary general. They were divided over candidacies from Saudi Arabia and Iraq.
A new report says Susan Rice's portfolio includes companies doing business with Iran, with Michael Rubin, American Enterprise Institute.