Patti Domm is CNBC Markets Editor, responsible for news coverage of the markets and economy. Prior to joining CNBC in 1999 as senior news editor, Domm was the equities editor for the Americas at Reuters. She was also Wall Street editor at Reuters, reporting on mergers, acquisitions and the Street. She also edited three CNBC books on personal investing. Domm serves on the board of the Financial Womens Association of New York.
Goldman Sachs analysts see a robust near-term outlook for commodities and their picks in the sector include oil and copper.
Rail company BNSF Railway expects to be moving a million barrels of oil a day in the not too distant future, and it would like to move it with natural gas powered locomotives.
Rail company BNSF expects to be moving a million barrels of oil a day in the not too distant future, and it would like to move it with natural gas powered engines.
Enbridge CEO Al Monaco said Enbridge has $15 billion in hand to put into pipeline expansion.
Venezuelan President Hugo Chavez's death is not likely to result in near-term changes to the Venezuelan oil industry or global energy landscape, but it could ultimately result in political change that would reopen the country's energy industry to foreign investment.
When the Dow last set a record high in late 2007, the U.S. was worried about waning oil supplies and was producing about 40 percent less oil than now. But a technological breakthrough—the joining of hydraulic fracturing technology and horizontal drilling—has led to an energy revival.
The shift toward low carbon energy will take time and require a major change in the electricity industry, a study released by IHS CERA and the World Economic Forum says.
Oil prices could continue to feel pressure, if the global economy turns out to be weaker than expected and oil production continues to grow in places like the U.S., Brazil and Iraq, according to James Burkhard, vice president and head of oil market research at IHS.
Patti Domm is CNBC Markets Editor, responsible for news coverage of the markets and economy.
A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.
Senior Producer - Breaking News
Dominic Chu is a markets reporter for CNBC.
Evelyn Cheng is a markets writer for CNBC.
Sara Eisen is a correspondent for CNBC, focusing on currencies and the global consumer.
Top strategists have gotten more optimistic on stocks, just as the S&P 500 has pulled back slightly from records, according to CNBC's latest Market Strategist Survey.
CNBC's Dominic Chu discusses Wall Street's S&P 500 targets for 2017.
CNBC's Market Strategist Survey found that Wall Street expects the S&P 500 to rise slightly in 2017.