Bob Doll, Nuveen Asset Management, discusses concerns in the economy and positive catalysts for the markets.» Read More
CNBC's Hadley Gamble comments on the mounting tensions between Iran and Saudi Arabia and its effect on oil prices.
Ali Arouzi, NBC News, reports from Tehran on the mood in Iran following Saudi Arabia's decision to execute a Shiite cleric and cut diplomatic ties with Iran.
CNBC's Hadley Gamble explains why relations between Saudi Arabia and Iran have soured following Saudi Arabia's execution of a Shiite cleric.
Juerg Kiener, MD and CIO at Swiss Asia Capital, Singapore, says the risk premium on oil is very low despite the escalating Middle Eastern geopolitics.
Tensions between the two OPEC producers spurred worries about supply because most Saudi oil comes from a Shi'ite-dominated province.
Oil prices slid in volatile trade that saw an early rally on tensions in the Middle East.
The political tensions between Saudi Arabia and Iran adds to risks of oil supply disruption, explains Neil Beveridge, senior oil and gas analyst at Bernstein.
SINGAPORE, Jan 4- Oil prices jumped over 2 percent in the first trading hours of 2016 as relations between Middle Eastern rivals Saudi Arabia and Iran deteriorated following Riyadh's execution of a prominent Shi'ite Muslim cleric. Saudi Arabia cut diplomatic ties with Iran on Sunday, responding to the storming of its embassy in Tehran in an escalating row...
SINGAPORE, Jan 4- Gold inched up on Monday, bolstered by a jump in oil prices and safe-haven bids from rising geopolitical tensions in the Middle East. Silver jumped nearly 1 percent to $13.91. *Saudi Arabia cut ties with Iran on Sunday, responding to the storming of its embassy in Tehran in an escalating row between the rival Middle East powers over Riyadh's...
The oil market still has huge inventories, and will continue to have issues with volatile supply and demand, says Barry Dawes, head of resources at Paradigm Securities.
At around $37 a barrel, crude prices are well below the $60 firms such as Total, Statoil and BP need to balance their books, a level that has already been sharply reduced over the past 18 months. Royal Dutch Shell has also announced a further $5 billion in spending cuts if its planned takeover of BG Group goes ahead. Global oil and gas investments are expected to fall to...
DUBAI, Jan 3- A rise in Iran's crude oil exports once sanctions against it are lifted depends on future global oil demand and should not further weaken oil prices, senior officials were quoted as saying. Oil Minister Bijan Zanganeh said Iran did not plan to exacerbate an already bearish oil market. Iran has repeatedly said it plans to raise oil output by 500,000...
DUBAI, Jan 3- A rise in Iran's crude oil exports once sanctions against it are lifted depends on future global oil demand and that should not further weaken oil prices, a senior Iranian oil official was quoted as saying. Oil prices are likely to come under further pressure this year, when international sanctions on Iran are due to be removed under a nuclear deal...
Venezuela's state oil company is temporarily halting gas exports across the border to Colombia
Wondering how you will fare financially in 2016? Here are what experts think next year will hold for financial matters close to home.
One strategist says that while Iranian missile testing violates United Nations regulations, it does not interfere with the deal signed last July.
Again Capital founding partner John Kilduff explains his predictions for oil price movement in 2016.
Again Capital's John Kilduff provides his target highs and lows for oil in 2016.
CNBC's Jackie DeAngelis reports the last settling price for crude in what was a turbulent year for black gold.
RBC Capital Markets Global Head of Commodity Strategy Helima Croft discusses politics in the Middle East and why it won't deter Iranian oil from adding to the ongoing supply glut.