CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil dropped to $97 on China concerns and a huge oil inventory build this week. Nat gas took a breath on warmer temperatures. And gold was up while copper was down again.» Read More
Refining company Valero Energy is now seeking to export Canadian crude to its refinery in the UK.
As political tensions rise, the cooperation between the U.S. and Russia in the energy industry is large and growing, experts at IHS CERAWeek say.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
The pace of energy developments in the U.S. and a hundred-year supply of natural gas is a global game-changer, says energy guru Daniel Yergin.
CNBC's Jackie DeAngelis reports gold rises and crude prices tumble on break in Ukraine standoff.
As crude oil prices rise amid tensions between Russia and Ukraine, increased U.S. oil production is providing a cushion against even higher prices.
SEOUL, March 4- U.S. crude oil held above $104.50 a barrel on Tuesday in early Asian trade, as the crisis in Ukraine raised concerns about a disruption of Russian natural gas supplies to Europe and heightened demand for alternative fuels such as heating oil.
Antonio Garcia Pascual, Chief Euro-Area Economist at Barclays, says while it's unlikely that the standoff between Ukraine & Russia will evolve into a war, the economic threat still looms for both economies.
Energy industry leaders at CERAWeek are sizing up new federal safety guidelines for rail shippers to figure out if they are on track.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Geopolitical tensions pushed oil higher, gold hit $1,350, and wheat futures were up on tensions in Ukraine. Nat gas sold off a bit because the cold snap may not be as severe.
Russia is the world's third largest oil producer and second largest of natural gas. CNBC's Mary Thompson discusses the concerns over the flow of Russia's natural gas to Europe.
CNBC's Mary Thompson reports over three quarters of Russia's natural gas exports go to Europe. Russia cut supplies to the Ukrainian pipeline in 2006 and 2009 over price disputes, leaving Ukrainians without heat.
Discussing commodity demand around the world amid geopolitical uncertainty, with Jim Iuorio, TJM Institutional Services, and Anthony Grisanti, GRZ Energy.
Europe will become even more dependent on Gazprom's gas supplies in years to come, the Russian state company says.
"If we don't go to techniques like fracking, we're going to lose production globally," said Charles Cherington, Intervale Capital managing partner.
Natural gas prices are likely to stay low for the next 20 years, with a long-term annual average price of $4 to $5 per million Btu, a study says.
"One fund manager walks in every day knowing he could lose everything," reports CNBC's Kate Kelly discussing the volatility of trading natural gas.
CNBC's Jackie DeAngelis reports on huge decline in natural gas due to severe cold temperatures and increased demand.
Some energy funds have come out on top as natural gas prices remain volatile, reports CNBC's Kate Kelly. The FMHR traders discuss how they're playing natural gas.
As the energy industry gathers for CERAWeek in Houston, the issue of exporting the nation's burgeoning supply of oil will top the global agenda.