Investors seemed to have put renewed faith in emerging markets over the past few weeks, but some say the bounce is not to be trusted.
Dan Yergin, vice chairman of IHS, discusses President Vladimir Putin telling Russian oil firms not to increase oil output.
Oil prices rose in volatile trade on Tuesday as a Wall Street rally offset concerns about an expected rise in crude stockpiles.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Less than a year ago major shale firms were saying they needed oil above $60 a barrel to produce more; now some say they will settle for far less.
OPEC member Nigeria sees oil reaching $50, and insisted an oil production freeze is going to happen in spite of disagreement.
U.S. crude closed lower in choppy trade, but still recorded weekly gains, as supply disruptions in Iraq and Nigeria provided supported.
Discussing comments by the Nigerian oil minister on an OPEC production freeze with John Kilduff, founding partner at Again Capital LLC.
Asian markets closed mostly higher Friday, with Japan extending gains, but some caution persisted after recent volatility.
Helima Croft, global head of commodity strategy at RBC Capital Markets, is wondering whether the price of oil goes to $26 on oversupply issues.
Matt Smith, ClipperData, weighs in on what's likely driving the oil glut and the politics behind the OPEC story.
U.S. oil prices closed higher Wednesday in seesaw trading, as strong U.S. gasoline demand offset worries over record high crude stockpiles.
Saudi Arabia's oil minister declared Tuesday that he was not at war with shale oil drillers, but it's clear the U.S. industry is still under siege.
Significant volatility in the oil market is now a consensus view, according to Goldman's Jeffrey Currie.
Every month that oil stays below $80 a barrel, Saudi Arabia loses money. CNBC estimates when the kingdom may run out of money.
Markets in Asia gave up early gains on Tuesday as the improved market sentiment which spurred a global rally Monday appeared to fade.
OPEC members are still undecided about oil production cuts, but the cartel is eager to participate in an effort to bring up oil prices.
The U.S. consumer will be in focus Tuesday as Wall Street eyes some key related earnings and economic reports.
There's a big question mark around the magnitude of the oil rally continuing into spring.
CNBC's Morgan Brennan reports on the latest statements made by Abdallah Salem el-Badri, OPEC secretary general.