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Energy Commodities Oil

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  • SEOUL, April 27- U.S. crude held above $57.15 a barrel on Monday, close to a 2015 high as fights in Yemen intensified and U.S.-led air strikes targeted Islamic State militants in Syria, creating more tensions over the security of Middle East oil supplies. *U.S. crude edged up 1 cent at $57.16 a barrel as of 0000 GMT after it closed down 59 cents at $57.15 a barrel on Friday,...

  • Is solar power the new shale oil? Sunday, 26 Apr 2015 | 8:14 PM ET
    A worker cleans the panels in a solar power park run by the Costa Rican Electricity Institute (ICE) as the power company has managed to produce all of the electricity for the nation from renewable energy sources for more than 80 days straight on March 26, 2015 in Guanacaste, Costa Rica.

    With nuclear power in the doldrums after the Fukushima disaster, it's solar energy that is becoming the alternative in Japan.

  • This commodity is a smart investment: Experts Friday, 24 Apr 2015 | 6:16 PM ET
    The Taishan Nuclear Power Plant under construction in Taishan, Guangdong province, China.

    Lack of supply and strong demand should send uranium prices higher, two analysts told CNBC. Here's how they'd play it.

  • The week ahead: Berkshire's annual meeting Friday, 24 Apr 2015 | 4:02 PM ET
    The week ahead: Berkshire's annual meeting

    CNBC's Mandy Drury looks ahead to what are likely to be next week's top business and financial stories. Lots of earnings, including Apple, and the Fed meets next week to discuss the economy.

  • *Saudi-led coalition continues Yemen bombings, driving Brent up. NEW YORK, April 24- Oil prices diverged on Friday, with Brent hitting 4-1/ 2 month highs on continued fighting in Yemen while U.S. crude fell on concerns of another upcoming stock build, though both benchmarks headed toward weekly gains. "It's a push and pull situation with the Yemen tensions giving...

  • Gas prices still well below last year's levels Friday, 24 Apr 2015 | 11:24 AM ET
    Gas prices still well below last year's levels

    CNBC's Kate Rogers on the rising price of gasoline.

  • The war crippling the world's biggest oil producer Friday, 24 Apr 2015 | 10:44 AM ET
    An employee looks out over the illuminated petroleum cracking complex at the Lukoil-Nizhegorodnefteorgsintez oil refinery, operated by OAO Lukoil, in Nizhny Novgorod, Russia.

    As tensions in the Ukraine rise, European sanctions are squeezing Russia's energy sector. Production is flat, and oil deliveries are down.

  • *OPEC surplus nears 10- year high of 2 mln barrels per day. LONDON, April 24- Brent crude edged up on Friday, poised to mark a third consecutive week of price increases as air strikes in Yemen stoked concerns over the security of Middle East oil shipments. A softer U.S. dollar and strong economic indicators in Europe and Asia also lent support to oil prices despite OPEC...

  • *Saudi-led coalition continues Yemen bombings. *OPEC surplus nears 10- year high of 2 mln barrels per day. LONDON, April 24- Brent crude was on track to finish the week near 2015 highs on Friday as air strikes in Yemen stoked concerns over the security of Middle East oil shipments.

  • *Saudi-led coalition continues Yemen bombings. *OPEC surplus nears 10- year high of 2 mln barrels. LONDON, April 24- Brent crude looked set to finish the week near 2015 highs on Friday as air strikes in Yemen stoked concerns over the security of Middle East oil shipments.

  • Bulls are backing oil price breakthrough Friday, 24 Apr 2015 | 5:40 AM ET
    Gas flares from a burner tower on the Petroleos Mexicanos (Pemex) Pol-A Platform complex, located on the continental shelf in the Gulf of Mexico.

    After a period of relative stability in oil prices, a slew of market participants are growing increasingly upbeat on a turnaround for the commodity.

  • *Saudi-led coalition continues Yemen bombings. SINGAPORE, April 24- Oil prices held steady on Friday near 2015- highs reached the session before, remaining on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments. Brent crude for June delivery had climbed 22 cents to $65.09 a barrel by 0706 GMT,...

  • *Saudi-led coalition continues Yemen bombings. SINGAPORE, April 24- Oil prices on Friday edged down from 2015- highs reached in the previous session, but prices remained on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments. Brent crude for June delivery was down 30 cents at $64.55 a barrel by...

  • Oil prices edge back from 2015-highs Thursday, 23 Apr 2015 | 10:26 PM ET

    *Saudi-led coalition continues Yemen bombings. SINGAPORE, April 24- Oil prices on Friday edged back from 2015- highs reached the session before, but remain on course for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments. The spike in prices on Thursday came as warplanes from a Saudi-led coalition...

  • WTI ends down as Brent sits near 4-1/2 month high Friday, 24 Apr 2015 | 2:32 PM ET
    An oil well owned an operated by Apache Corp. in the Permian Basin, Garden City, Texas.

    Oil prices diverged, with Brent rising to a near 4½ month high and WIT crude falling as data showed the drop in US oil rigs quickened this week.

  • NYMEX-Crude eases after jump, set for 6th weekly gain Thursday, 23 Apr 2015 | 8:20 PM ET

    TOKYO, April 24- U.S. crude futures edged back on Friday from a four-month high touched a day earlier, but were on course for a sixth straight weekly gain after renewed air strikes in Yemen stoked concerns about the security of Middle East oil shipments. *NYMEX crude for June delivery was down 24 cents at $57.50 a barrel by 0004 GMT, after settling up $1.58 at $57.74 on...

  • Commodities tomorrow: Crude highest since December Thursday, 23 Apr 2015 | 4:00 PM ET
    Commodities tomorrow: Crude highest since December

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Yemen helps push crude higher, and production in the US declined slightly.

  • Geopolitical risks and rising oil Thursday, 23 Apr 2015 | 2:30 PM ET
    Geopolitical risks and rising oil

    CNBC's Jackie DeAngelis tracks oil action into the close. According to AAA the average gas prices is $2.49 per gallon.

  • Petrobras CFO: We're aiming for transparency Thursday, 23 Apr 2015 | 3:13 PM ET
    Ivan Monteiro, CFO of Petrobras.

    Brazilian oil giant Petrobras believes it has started to normalize its relationship with investors and to implement better governance.

  • *Brent crude hits year high above $65, U.S. crude above $58. *Rally fueled by Saudi-led bombing of Yemen, slowing U.S. output. NEW YORK, April 23- Crude oil prices jumped 3 percent on Thursday, hitting 2015 highs while U.S. gasoline rose to its highest in nearly five months after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns...