Turkey's bombing campaign in Syria and Iraq has diverted attention from "exploratory talks" for a new governing coalition. However, Turkey's president is almost certainly seeking to reassert himself as Turkey's de facto executive.» Read More
Good King Abdullah of Saudi Arabia figures that $36 billion will buy off any potential unrest in his realm of Saudi Arabia. That's an expensive piece of cake he's dishing up.
While Mideast turmoil and the subsequent rise is a convenient excuse for the one-week equity selloff, the real catalyst may be something else, entirely.
As oil prices touch fresh highs, an official from a trade group representing convenience stores said that consumers have appeared "more confident" in recent months.
As anger spreads throughout the Arab world, retired Gen. Wesley Clark said Saudi Arabia will be the last country to see an uprising.
While some worry skyrocketing oil prices will hurt the U.S. economy, the "Fast Money" traders are taking a different view.
In light of all that has happened in Libya over the last week, it seems fair to wonder how Libyan president Muammar Gaddafi has thus far avoided suffering the same fate as Hosni Mubarak, who was forced from power in neighboring Egypt earlier this month.
The safe-haven Swiss franc touched record levels, but Asian currencies are broadly lower over worries about oil prices and supply. Your daily FX Fix, right here.
Rating agencies were hasty downgrading Bahrain without taking into consideration the long-term prospects and relying only on political factors, Rasheed Mohammed Al Maraj, Bahrain central bank governor, told CNBC Thursday.
Saudi Arabia is in “active talks” with European oil companies to meet the production shortfall left by Libya, the clearest indication to date that the leader of the Opec oil cartel is about to boost supplies to stop further rises in the oil price.
World leaders condemned Muammar Gaddafi's bloody crackdown on a revolt that has split Libya, but took little action to halt the bloodshed from the latest upheaval reshaping the Arab world.
The spread between Brent and NYMEX crude is currently around $15 a barrel and according to Jim Bianco, the president of Bianco Research, this is due to one pipeline pumping crude from Canada into Cushing near Oklahoma City.
Oil could hit $220 a barrel if "Libya and Algeria were to halt oil production together," analysts at Nomura investment bank predicted.
Libya produces less than 2 percent of the world’s oil, and exports little to the United States. But the high quality of its reserves magnifies its importance in world markets. The NYT reports.
Now that the much-anticipated pullback has arrived, traders are debating how low the skittish stock market can go. But one thing's for sure: It'll have a lot to do with oil.
President Obama is condemning the violence in Libya and dispatching Secretary of State Hillary Rodham Clinton to Geneva for international talks aimed at stopping the bloodshed. He says he's directed his administration to prepare a full range of options to respond.
President Barack Obama says the U.S. is doing everything possible to protect Americans in Libya.
Fear of the unknown amid Mideast unrest and violence is driving down markets, Goldman Sachs strategist Abby Joseph Cohen told CNBC Tuesday, but good investment opportunities exist for nimble investors able to pick through selloffs.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets, including where oil, gold and silver are likely headed in light of events in Libya, Yemen and the rest of the Middle East.
Discussing the rising price of oil and its impact on the markets with David Lutz of Stifel Nicolaus, Mohamed El-Erian of PIMCO and Saud Masud of the SM Advisory Group.
Stocks are under pressure as unrest continues in the Middle East and it’s had an even bigger impact on oil prices.