U.S. oil production will crack a nearly 50-year record in 2018, rising to 10 million barrels a day, the EIA forecast.
President Donald Trump's public support for anti-Qatari forces could complicate U.S. diplomatic efforts, one analyst said.
Markets are still digesting the news and are concerned over whether OPEC producers will stick to their agreement to cut output, says Victor Shum, IHS Markit.
Top diplomat in China David Rank said he simply could not support Trump's withdrawal from the Paris Accord, NBC reports.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Here's the moment that made Walmart decide to 'make a difference' on climate change.
A US alliance committed to upholding the Paris Agreement has welcomed ten new members.
Once the GOP enacts tax reform, it should adopt a new tax that will help grow the economy and reduce emissions, says Alex Brill.
The UN Secretary General has warned that a range of factors are damaging the world's oceans.
Oil prices turned higher after earlier falling on concerns about a diplomatic rift between Qatar and several Arab states.
Conservation groups sued the Environmental Protection Agency, saying the agency unlawfully suspended rules to cut methane pollution.
Francisco Blanch, Bank of America Merrill Lynch head of global commodity research, weighs in on the geopolitical risk in oil markets.
Doha reportedly paid an al-Qaeda affiliate and Iran officials to win release of royal hunting party, Financial Times reports.
Saudi Arabia has the only land border with Qatar. Trucks cross the border with food for Quatar's population, USA Today reports.
One trader says Tesla's record run isn't over yet, according to the charts.
Stephen Schork, The Schork Report, says the rift between Qatar and other Arab nations leads to questions over OPEC's ability to maintain output cuts.
With global demand on the rise, oil prices are likely to continue climbing higher, says Bill Smith, Blaine Capital.
Matt Smith, ClipperData, says the UAE could be impacted negatively as LNG flows it received from Qatar will be affected by the diplomatic rift.
The real issue that OPEC faces is American shale output, says Clive McDonnell, Standard Chartered Private Bank.
Saudi Arabia, Bahrain, Egypt and the UAE have cut diplomatic ties with Qatar over claims of ties to terrorism. CNBC's Hadley Gamble reports.
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