As clashes between protestors and security forces were still ongoing in several cities across Egypt, an address to the nation by the head of the ruling military council on Tuesday night was rejected by the crowds in Cairo's Tahrir Square.
CNBC's Yousef Gamal El-Din has the latest developments in Egypt.
The head of Egypt's ruling army council will deliver a statement to the nation later on Tuesday, state television said, as protests demanding an end to military rule intensify.
Just as in January, the White House is confused and distracted. Stability in the volatile Middle East is what the White House desires and a cautious and long-drawn out transition to democracy guided by the Army seemed to be the best option to prevent any radical developments in Egypt. This scenario, however, is no longer realistic.
At least 12 people have been killed and hundreds injured in violent confrontations between security forces and the anxious mood was reflected in investor sentiment, with broad selling pulling the country’s stock exchange down 2.5 percent.
With Iraq continuing to recover after years of war, American firms are increasingly looking to tap the country’s vast business potential.
Wednesday’s quoted price for Brent Crude (the bench mark generally used worldwide) is $117.70/barrel, while WTI Crude (the benchmark used in the U.S.) delivered at Cushing Oklahoma is $102/bbl.
CNBC's Mary Thompson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
T. Boone Pickens discusses his outlook for energy and how easy it is for the United States to develop its own energy and the benefits of getting off of OPEC's oil.
Turmoil continues to spread in Europe, based on the day's headlines. T. Boone Pickens, founder & CEO, BP Capital Management, talks about the progress of his Picken's plan to develop an energy plan for the U.S. He also comments on the new Keystone pipeline that's running from Canada to Texas.
Investors in the solar industry have needed a strong stomach this year, and that’s unlikely to change soon.
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.
We must work with Israel to determine the proper military response needed to stabilize the region, protect our allies and protect this country – if that includes targeted airstrikes on Iranian nuclear facilities, then I am prepared to authorize that action.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Insight on whether the risk premium is back on the price of oil as Iran might be working towards making nuclear weapons, with Addison Armstrong, Tradition Energy.
CNBC's Brian Shactman discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.