Oil extended gains after a larger than expected draw in U.S. crude and gasoline stocks strengthened the outlook for oil demand.» Read More
Oil prices fell on Wednesday as investors digested the likely impact of increasing Iranian fuel exports at a time of heavy oversupply.
*Iran, global powers reached nuclear deal on Tuesday. *But no sanctions relief seen this year for Iran. Under the agreement, sanctions imposed by the United States, the European Union and the United Nations are to be lifted in exchange for curbs on Iran's nuclear program.
Margaret Patel, Portfolio Manager at Wells Fargo Funds Management, says incremental supply from Iran is likely to be a catalyst for lower oil prices going forward.
Matt Smith, Director of Commodity Research at ClipperData, says sanctions against Tehran won't be lifted until December so until then, Iranian crude won't be hitting export markets.
A nearly doubling of the federal gas tax is needed to fix America's crumbling infrastructure, Rep. Rick Larsen, D-Washington, said Tuesday.
*Nuclear deal reached between Iran, global powers. NEW YORK, July 14- Stock markets worldwide rose modestly on Tuesday after a landmark nuclear deal between Tehran and six global powers left sanctions on Iran in place for now, spurring gains in energy shares, while expectations for weak corporate results capped U.S. share gains. The deal, which is set to ease...
Rep. Rick Larsen (D-Wash.) says raising the gas tax is one option to help fund America's crumbling infrastructure.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Iran's historic deal will pay dividends for its neighbors and will spur economic growth in markets the world over, says trader Naeem Aslam.
Iranian crude oil would have no "significant" effect on short-term prices, but could be a big deal years from now, one analyst said.
Discussing the agreement on Iran's nuclear program, with Helima Croft, RBC commodities strategist.
CNBC's Jackie DeAngelis reports on the day's reversal and a pop in oil.
Nat gas overtaking coal for power generation which means tough times for coal may be getting even tougher. CNBC's Morgan Brennan reports.
Fadel Gheit, Oppenheimer senior energy analyst, weighs in the Iran deal and how low oil can go.
International energy, financial and manufacturing firms all stand to gain from lifted Iranian sanctions.
Bill Stone, PNC Asset Management chief investment strategist, and Mark Tepper, Strategic Wealth Partners president, discuss whether earnings season can push the market higher as stocks are on track for a fourth day of gains.
It may take weeks or months for the money to start flowing but speculation has begun about who will get into the Islamic Republic first. CNBC's Morgan Brennan provides insight.
Texas Gov. Greg Abbott discusses how the state has moved forward despite lower oil prices.
I have a lot of money invested in the users of oil, says Mario Gabelli, Gabelli Funds CEO, providing his trade on oil.
The Futures Now team discusses the best way to play the energy field on the heels of Iran's nuclear deal.