Crude oil prices will remain in the $45-$50-a-barrel range till mid-2017, with little to change the global supply and demand situation, Goldman Sachs said. » Read More
The crazy volatility of recent days strikes me as a market that is topping itself and is struggling. I'm still guessing we have a bit of a pull-back.
The escalation in fighting in Libya is increasing fears of a civil war and with signs of politicall unrest spreading throughout the Middle East and North African nations the price of crude continues to climb.
With the fate of the bull market in the hands of crude oil, where does the rally stand?
Decent U.S. employment numbers are failing to really lift the dollar, and Greece is talking tough about market upheaval. Is a Freaky Friday in the offing? Here's your daily FX fix.
Big economic-growth stats are trumping oil prices and the Mideast tinderbox. In optimistic trading on Thursday, stocks soared nearly 200 Dow points. Oil barely fell to just under $102 a barrel. Know what? The market may be shouting out that the recent oil spike is not going to derail economic recovery.
One of the most enduring and successful figures in British public life has resigned as director of the London School of Economics, after new details emerged of the institution’s relationship with Libya. The FT reports.
With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on a daily basis.
The "Mad Money" host would avoid putting money into these three areas.
CNBC's Sharon Epperson discusses the day's commodities news. Crude closes above $100/barrel as fears in the Middle East grow and Libyan bombers strike a key oil port town critical to oil exports.
Continued violence and unrest in Libya and other oil producing countries are being cited as reasons for record high prices in gold and multi-decade highs for silver. Experts say geo-political and economic factors favor even higher prices ahead for the precious metals.
You probably don't think of unrest in the far away Middle East as having anything to do with the housing market here in the U.S. You should. The weekly mortgage applications say it all.
Electronic trading and geopolitical risks drive commodities prices higher. CNBC's Sharon Epperson discusses oil and gold's new highs, as silver hits its highest price in 31 years.
The news that the Libyan government had $30 billion worth of cash and securities in US financial institutions has set off a scramble on Wall Street to comply with President Obama’s executive order freezing the funds.
Look for Mideast rumors and speculation to continue to drive oil price swings, says CNBC's Sharon Epperson. Traders don’t have time to research reports and the actual supply impact. That’s up to journalists and analysts.
With Charlie Sheen, Moammar Gaddafi, Bernie Madoff and now fashion designer John Galliano, we are being bombarded with a global epidemic of nutjobs. What's going on?
Officials say that trading on the Egypt stock exchange will resume on Sunday and will take measures to prevent a huge selloff as soon as the bourse reopens. It's unrealistic to think that those steps will prevent panic-selling, Yousef Gamal El-Din writes.
A flight to the dollar usually accompanies increased risk aversion. This time, though, while the traditional havens of the Swiss franc and the yen have benefited, the US currency has suffered. The FT reports.
The Middle East crisis will lead to an 'energy shock' for the West, increasing stagflation, David Murrin, author of "Breaking the Code of History" and hedge fund manager, said.
The U.S. Treasury has announced it's freezing a whopping $30B in Libyan assets, reports CNBC's Eamon Javers.
If you're looking for a news story containing the name of the Libyan leader you may be in for a challenge: The spelling of 'Gaddafi' across news outlets has been as erratic as his recent behavior.