Oil prices rose sharply in Asian trade on Wednesday on glimmers of hope of a producer cut-back and after a steep sell-off overnight.» Read More
Thomas Friedman, New York Times columnist, shares his thought on why Syria "exploded", and why an international peace force has to go in and take over the country, take down the "bad guys", and create a political transition that will allow citizenship to emerge.
Thomas Friedman, New York Times columnist, weighs in on the strength of the U.S. economy. I believe a huge stimulus would be if both parties got together and did some kind of grand bargain, Friedman says.
Thomas Friedman, New York Times columnist, takes a look at global risks and weighs in on China. China is always going to be the big enchilada, says Friedman.
The growth of shale oil production in the United States may not hit Saudi Arabia as quickly as previously thought.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and what to expect next week. A winter storm is headed east. Nat gas was up on the week. And a stronger dollar, along with concerns of a taper, drove oil prices down.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
OPEC oil ministers are widely expected to hold oil output to nearly 30 million barrels daily after Iran announced it will increase its oil output, reports CNBC's Steve Sedgwick.
Ali Al Naimi, Saudi Arabian oil minister, tells CNBC that shale oil is a "welcome addition" to the world's energy reserve.
Iran says it wants stronger cooperation with Saudi Arabia. "This is a modest loosening of the sanctions," explains Former U.S. Sen. Bob Kerrey (D).
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Crude was down for the third straight month due to overproduction and soft demand.
Thanks to social media women all over the Middle East are finding ways to help one another start businesses. It's a movement that is about more than economics.
CNBC's Maria Bartiromo and billionaire investor Prince Alwaleed bin Talal, Kingdom Holding Company chairman, discuss Iran's nuclear program and Egypt. Prince Alwaleed also weighs in on if the NSA spying controversy hurt America's reputation internationally.
A report from the International Energy Agency also said that events outside the U.S. will continue to affect pricing.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
Burdin Hickok of Tigress Financial discusses sanctions and the greatest threats to Middle East oil.
Saudi Arabia is upset with the U.S. over Iran, but any move by that country is unlikely to broadly affect global energy markets.
More than 800,000 came to the U.S. for higher education in 2012, a record high fueled largely by an influx of Chinese students, U.S. data showed.
Saudi women are planning to get behind the wheel on Saturday, defying a stern warning by the Kingdom's ministry of interior and pressing for change in the world's last male-only driving nation.
New reports suggest the U.S. decision not to intervene in Syria, coupled with our relationship with Iran has infuriated Saudi Arabia. Michael Rubin, American Enterprise Institute, and radio show host John Batchelor, discuss whether President Obama understands the situation clearly.
Signs of friction have caught the attention of the oil market, but traders aren't concerned about supply issues for now.