The rig operator was stumped. He’d been making good progress, but now something blocked the way forward. The operator, Denny Mong, stared at an unassuming metal tube in the ground — the foss... Read more

Oil futures rose early Friday, after a pullback the previous session, with the U.S. and benchmark on track for a September gain of more than 10% as a tightening supply picture drives crude t... Read more

Demand upticks and supply cuts from heavyweight crude producers have driven prices near $100 per barrel. Some say buyers can weather the storm of high prices without lowering refinery output... Read more

CNBC’s Jim Cramer suggested the stock market could be headed toward a rally. Crude oil prices fell after reaching their highest level in over a year, with Texas Intermediate crude oil,... Read more

Bond yields inched up to fresh 16-year highs after rising oil prices increased inflation angst. What’s happening What’s driving markets Oil prices that have moved swiftly to 13-month highs a... Read more

Oil futures topped $95 per barrel for the first time in a year, as traders react to dwindling inventories. The lead West Texas Intermediate contract CL00, -0.03% rose 14 cents to $93.82, hav... Read more

U.S. stock futures were struggling to make headway early Thursday after oil hit a 13-month high, underpinning bond yields. How are stock-index futures trading S&P 500 futures ES00, -0.02... Read more

Oil prices surged to their highest level in over a year, after crude stocks at a key storage hub fell to their lowest since July last year. The U.S. West Texas Intermediate futures touched $... Read more

Republican presidential candidate Nikki Haley said at Wednesday night’s GOP debate that she wants to eliminate gasoline taxes. What would that mean for you? If you drive a gasoline RB00, +0.... Read more