Is Oil Acting Up, Again?

You might want to put a few energy names on your radar; the latest data showed crude inventories unexpectedly dropped last week.

You might want to put a few energy names on your radar; the latest data showed crude inventories unexpectedly dropped last week.

World energy leaders are turning very bullish on the outlook for natural gas at the annual CERTA Conference in Houston. CNBC’s Sharon Epperson talks to Helge Lund, CEO of Statoil, the world’s largest offshore oil and gas company.

The CEO of the world’s largest oil company says crude prices will remain steady and will not change dramatically in the months to come.

One stock is dominating our traders’ radar on Wednesday as it dances around a key level with very heavy volume in the name. What must you know?

Global oil demand will rise more quickly than expected in 2010, OPEC said on Wednesday, increasing the need for crude from the 12-member group which meets to set policy next week.

Oil reversed earlier losses to gain a few cents towards $82 on Wednesday after China said imports jumped in February, boosting evidence that emerging Asian economies will lead global demand back into growth this year.

One year after hitting bottom, an indecisive stock market drifts higher and could keep moving in that direction.

Crude oil declined for the first time in three days as the dollar gained against the euro, reducing the appeal of commodities as an alternative investment.

“It’s a long road to achieve the goal,” Energy Secretary Chu said.

A spokeswoman for the U.S. Department of Transportation said Tuesday that the National Highway Traffic Safety Administration will try to determine the cause of the incident in San Diego County.