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Oil and Gas Oil and Gas Refining


  • Why This Chart Is Bad News for Gasoline Bulls Wednesday, 13 Mar 2013 | 5:40 PM ET

    Pro traders take to the techncials to explain why gasoline prices might be in for some pain.

  • Hess to Exit Retail to Focus on Oil, Gas Exploration Monday, 4 Mar 2013 | 10:26 AM ET

    Hess will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.

  • Pipe is stacked at the southern site of the Keystone XL pipeline in Cushing, Oklahoma.

    The Keystone XL oil pipeline got a boost after the U.S. State Department said it would not likely change the rate at which Canada's oil sands are produced.

  • Finding an Edge in America's Booming Energy Market Friday, 1 Mar 2013 | 5:34 PM ET

    In a domestic energy market developing faster than just about anyone can remember, the key is in finding an edge.

  • A Clog in the Nation's Pipeline Infrastructure? Wednesday, 27 Feb 2013 | 6:42 AM ET
    A Clog in the Nation's Pipeline Infrastructure?

    Charles Drevna, National Petrochemical and Refiners Association, discusses whether U.S. refineries are ready for the nation's new found supply of oil fields.

  • BP Pay-Out Is Analysts 'Worst Case Scenario': Expert Monday, 25 Feb 2013 | 2:10 AM ET
    BP Pay-Out  Is Analysts 'Worst Case Scenario': Expert

    Tom Bergin, Author of Spills and Spin, tells CNBC that the BP pay-out to the US government is the worst case scenario according to what analysts had previously envisaged.

  • $4 Gallon Gas the New Norm? Wednesday, 20 Feb 2013 | 7:10 PM ET
    $4 Gallon Gas the New Norm?

    Crude oil had its worst day in three months, with John Kilduff, Again Capital, and :Nan Hayworth, (R) Fmr. New York Representative.

  • US Retail Gasoline Prices Explained Wednesday, 20 Feb 2013 | 5:00 AM ET
    US Retail Gas Prices Explained

    Johannes Benigni, managing director at JBC Energy, explains why the US retail gas prices climb while the NYMEX crude oil is down, saying the underlying international market price is the Brent.

  • Trading the Rise In Gas Prices Tuesday, 19 Feb 2013 | 12:30 PM ET
    Trading the Rise In Gas Prices

    Best Buy was upgraded at Barclays and Stifel Nicolaus, with the FMHR traders; and a closer look at an opportunity in refining stocks.

  • Will We See $5 Gasoline This Year? Tuesday, 19 Feb 2013 | 11:37 AM ET

    Vote now in our poll!

  • BP Claims US Accepts Its 'Collected' Spill Barrels Tuesday, 19 Feb 2013 | 8:51 AM ET
    Fire boat response crews spray water on the blazing remnants of BP's Deepwater Horizon offshore oil rig.

    BP said the U.S. Department of Justice has backed its claim that oil it recovered at the 2010 spill site should be excluded from certain penalties it could face, potentially cutting its final fine by as much as $3.5 billion.

  • Canada Still Hopeful on Keystone Despite Obama Silence Wednesday, 13 Feb 2013 | 1:43 PM ET
    Pipe is stacked at the southern site of the Keystone XL pipeline in Cushing, Oklahoma.

    Canada remains cautiously optimistic that Washington will approve the Keystone XL oil pipeline even though President Barack Obama made no mention of it in his State of the Union speech.

  • Oil Prices to Stay Steady: Total CEO Wednesday, 13 Feb 2013 | 11:35 AM ET
    Oil Prices to Stay: Total CEO

    Christophe De Margerie, CEO of Total, sees oil prices staying around $100-110 per barrel in 2013.

  • Storm Nemo Pushes Fuel Prices to 2013 Highs Friday, 8 Feb 2013 | 12:40 PM ET
    The massive storm approaches the East Coast on Friday morning.

    The storm pounding the Northeast is pushing fuel prices higher, hitting consumers with a one-two punch that may send some of over the financial brink.

  • Pain at the Pump Tuesday, 5 Feb 2013 | 7:45 PM ET
    Pain at the Pump

    Gas prices are at their highest level on record for the month of February, with CNBC's Sharon Epperson.

  • Marex: Demand for Gas Is Waning Tuesday, 5 Feb 2013 | 2:10 AM ET
    Marex: Demand for Gas Is Waning

    Guy Wolf, global head of market analytics at Marex Spectron, tells CNBC that the demand environment generally for gas is on the wane.

  • Iran Oil Exports to Asia Fell by a Quarter in 2012 Thursday, 31 Jan 2013 | 7:04 PM ET
    FILE - An Iranian oil technician makes his way to the oil separator facilities in Iran's Azadegan oil field southwest of Tehran.

    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.

  • New Rio Tinto Chief Faces First Difficult Decision Wednesday, 30 Jan 2013 | 8:04 PM ET

    Rio Tinto's Sam Walsh faces his first difficult decision as chief executive -- whether to shut the 1,400-staff Gove alumina refinery in Australia -- as under-performing units come under tougher scrutiny following $14 billion in writedowns this month.

  • Crescent Petroleum: Most Stable Period for Oil Prices Wednesday, 30 Jan 2013 | 2:40 AM ET
    Crescent Petroleum: Most Stable Period for Oil Prices

    Majid Jafar, CEO of Crescent Petroleum, tells CNBC that a general sense of instability post the Arab Spring has already been factored in to the oil price but there has been no direct impact from the Algerian hostage attack.

  • As Security Costs Rise, Oil Firms Stay Put in Algeria Wednesday, 23 Jan 2013 | 9:32 PM ET
    In Amenas road sign, Algeria.

    It has been a harrowing start to 2013 for the global energy industry. BP, Statoil and the joint operators of the In Amenas natural gas plant in Algeria are slowly coming to terms with last week's brutal 4-day occupation of the isolated desert facility where 38 mainly foreign hostages were killed by Islamist militants.