There could be less than 49 years of oil supplies left, even if demand were to remain flat according to HSBC’s senior global economist Karen Ward.
Here's what you should be watching Wednesday, March 23.
Fire swept the upper floors of Egypt's Interior Ministry building on Tuesday as policemen protested outside to demand higher pay. A security official accused demonstrators of starting the blaze in downtown Cairo.
Armed security forces and light tanks were visible Tuesday in Bahrain's financial harbor as the local press ran headlines heralding the resumption of "business as usual" and displaced expats began to slowly trickle back to the island kingdom.
Thoughts on the conflicts in the Middle East, with Steve Cook, Council On Foreign Relations senior fellow.
The Egyptian stock exchange is prepared for big intraday moves with circuit breakers, but a period of sustained losses is anticipated, according to the market's new chairman, Mohamed Abdelsalam.
As anti-aircraft fire rang out across Tripoli for the third night in a row and US airstrikes yet to slow, one analyst told CNBC that there is a very real chance of Libya being divided between the Gaddafi-controlled West and rebel-controlled East.
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Fears that the world economy is facing another downturn are being overplayed, despite the political upheaval caused by recent unrest in the Middle East and the earthquake and subsequent tsunami in Japan, Jim O'Neill, chairman of Goldman Sachs Asset Management, said.
Caveat emptor: The first-quarter economy is slowing and inflation is rising. A month ago, economists were optimistic about the potential for 4 percent growth. Now they are marking down their estimates toward 2.5 percent. Behind this, consumer expectations are falling while inflation fears are going up.
Investors are so focused on the troubles in Japan and Libya that the euro is just strengthening on the sidelines, this analyst says. But for how long?
A look at the airline's strategy for the rise in oil, with Dave Barger, JetBlue Airways chief executive officer.
Egypt's stock exchange will re-open Wednesday after being closed for more than seven weeks, a spokesman for the exchange said on Monday after the country's new Prime Minister accepted the resignation of the exchange's chairman.
Saudi Arabia's plan to shell out some $90 billion as part of a state-backed economic aid package continued to buoy regional markets Monday, but it is too early to tell how much the spending package will do to assuage sectarian tensions in the country, market analysts told CNBC.
The past week saw plenty of action in the currency markets, but commodities went on a ride as well. From "Money In Motion", tips on using currencies to trade commodities.
CNBC's Steve Liesman takes a look at how economists are changing their forecasts in response to recent events.
Having analyzed the impact on the dollar of numerous wars and military interventions in the Middle East since 1973, Bank of New York Mellon is telling investors that the greenback should hold up well as the international community imposes a no-fly zone over Libya.
So, which dictators have been in power the longest and how have their economies fared under their rule? Find out!
President Barack Obama demanded Friday that Moammar Gaddafi halt all military attacks against civilians and said that if the Libyan leader did not stand down the United States would join in military action against him.
Despite the upheaval roiling the markets, Wall Street analysts continue to issue upbeat reports about media companies, and even the negative reports don't mention the headlines — they simply don't have the exposure to Japan and the rest of the market instability as many other sectors.