U.S. oil dipped after an early rise to 2016 peaks, but posted a gain of about 20 percent for April. » Read More
Discussing oil price volatility and where oil will settle, with Francisco Blanch, BofA Merrill Lynch Global Research.
Lower oil prices are good for some countries and bad for others. In a few, things could get ugly.
Pavel Molchanov, Raymond James, Stephen Schork, Schork Report editor talk about oil's impact on natural gas.
Martin Richenhagen, CEO of AGCO, an agricultural machinery company discusses, how the falling price of oil is good for his company and how the sector must adapt to changing diets in emerging markets.
Crude prices came under renewed pressure on Monday, and Brent hit five-year lows of nearly $60 a barrel and U.S. oil prices fell below $56 a barrel.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Another volatile day for crude as WTI and Brent were both down on the day.
CNBC's Jackie DeAngelis reports crude oil sits at fresh 5-year lows and the national average for gas is at $2.54.
Insight to when a decline in growth of U.S. oil production could realistically happen, with Jason Bordoff, Columbia University professor.
OPEC's Secretary General Abdullah El-Badri said its members can ride out a price drop in oil and keep output unchanged.
Shale plays are starting to become "uneconomic" at $60 per barrel, and a further drop would only make things worse, says Stewart Glickman, equity analyst and group head of energy and materials at S&P Capital IQ.
As plummeting oil prices hit markets, Carter Worth, chief market technician at Sterne Agee, discusses whether it's just oil that's spooking investors.
Unless OPEC meets and adheres to new production levels, oil will see more downward pressure in 2015, says Scott Darling, Head of Oil & Gas Research at JPMorgan.
Barry Dawes, Head of Resources at Paradigm Securities, explains his optimism for a rebound in energy prices, but warns that crude oil could fall to near $50 a barrel in the short term.
The head of OPEC said on Sunday the group had no target price for oil, and urged Gulf states to continue investing in exploration and production.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed under $58 today. Consumers are said to be saving $375 million/day on fuel costs.
Former Gov. Bill Richardson, (D-N.M.), discusses his concerns about stability issues looming in the Middle East and Russia as oil prices crumble.
The continual drop in oil prices is good for the consumer and is a "great opportunity" for heavy oil importers in emerging world, like Indonesia, says Marc Ostwald, strategist at ADM Investor Services.
US crude settled down 99 cents, or 1.6 percent lower, at $59.95 per barrel, its lowest close since July 14, 2009.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil bounced around before it fell below $60 near the close. There's simply too much oil on the market and too little demand. And OPEC isn't going to cut production any time soon.
Mark Matthews, Head of Research for Asia at Bank Julius Baer, says Chinese shares remain on an uptrend and expects a floor to recent declines. He later explains why the same can't be said for oil markets.