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Oil and Gas Oil and Gas Refining

  • Crude oil on Tuesday posted its biggest two-day price drop in six weeks, leading noted investor Dennis Gartman to forecast a six-month trend ahead.

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    Drivers aren't the only group growing concerned as gas prices tick upwards. Most retailers and consumer discretionary businesses consider $4 gasoline the tipping point, where consumers begin to pull back on their discretionary spending. A look at how the retail sector has held up during recent gasoline price spikes.

  • Timothy Geithner

    Lowering oil prices will require a long-term approach to exploration and production, though tapping domestic reserves is not out of the question, Treasury Secretary Timothy Geithner told CNBC.

  • Owning an Oil Play

    EOG Resources is one of Cramer's faves, and EOG Chairman & CEO Mark Papa explains why his company is worth the investment.

  • Fire at BP Oil Refinery in Washington State

    A large fire broke out at the BP Cherry Point oil refinery in northwestern Washington State. It is the largest oil refinery in the state and the fourth largest on the West Coast. The refinery can produce up to 230,000 barrels of fuel a day and has more than 700 full-time employees. The cause of the fire is unknown. A BP official tells the NBC affiliate in Seattle, KING-TV, that no one was injured.

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    The latest inflation data shows rising gasoline prices could start to pinch consumers and steal away any savings from the just-approved extension of the payroll tax cut.

  • Gas Pump

    Rising gasoline prices could bite into any savings from the expected extension of the payroll tax cut, but for now the higher costs could be somewhat offset by lower winter heating bills.

  • Icahn Wants CVR Energy to Sell

    Legendary investor, explains why he is calling for the sale of CVR Energy. Icahn has a 14.5% stake in CVI. The Fast Money crew with the play on the sale, and options activity.

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    The chief executive of Gulf Oil sees gasoline approaching $4 a gallon this summer despite declining demand as more refineries close and tensions heat up in the Middle East.

  • The Syncrude oil sands extraction facility near the town of Fort McMurray in Alberta Province, Canada.

    Canada will focus on exporting oil and other goods to China and other booming Asian economies even if Washington overturns its decision to block a pipeline that would have sent more Canadian crude to the United States.     

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    Any decision by Iran to cut oil exports to the European Union will affect the price of oil and hurt the region's economy, OPEC Secretary General Abdalla Salem El-Badri told CNBC on Monday.

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    East coast consumers could see the return of $4 gasoline before the rest of the country, as another key refinery serving the region plans to shut down.

  • An call spread options play on oil refiner, Tesoro, with Brian Stutland, Stutland Equities.

  • Tough talk from Tehran this week sent crude oil prices higher, but what does a cost-benefit perspective suggest?

  • A couple of “Fast Money” pros largely brushed aside concerns about Iran’s effect on crude oil prices Tuesday, focusing instead on decreasing demand as the stronger factor in the commodities market.

  • Among the gainers in the energy sector Friday, Valero also stood out as a solid play looking ahead, said Oppenheimer energy analyst Fadel Gheit.

  • Trading the Tablet Wars

    Chris Danely, JPMorgan with the trade on the tablet wars. Also, the update on a court decision that could deliver a major blow to Rambus.

  • Oil Tops $100 &  Other Planet Plays

    Rich Ilczyszyn, independent commodities trader, has the bullish play on oil's rally, and the Fast Money traders take a look at the nuclear bidding war for uranium developer, Hathor Exploration.

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    This week's mega-mergers have suddenly forced mid-sized players to reexamine their strategies.

  • Oil Stocks on Fire & Aluminum is Cheap

    Paul Sankey, Deutsche Bank lead oil analyst with the play on oil refiner stocks, and the trade on metals, especially aluminum, which is cheap relative to other base metals, says Dan Dicker, Mercbloc president.