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Press Releases

Trump's tweets are inflating oil prices, Iran official says

Hossein Kazempour, Iran's OPEC representative, suggested President Donald Trump stop tweeting to alleviate the spike in oil prices.

Source: CNBC.com

Trump's claim that OPEC is boosting prices is not true, Saudi oil minister says

Khalid Al-Falih responds to President Donald Trump's comments about the oil producer group.

Source: CNBC.com

Al-Falih: Breakdown in trade talks will have ripple effects on oil

Khalid Al-Falih discusses the potential impact of global trade tensions on the oil market.

Source: CNBC.com

Russia's Novak: Objective to achieve balanced oil market

Alexander Novak told CNBC consumers and producers want the oil market to be "stable and predictable."

Source: CNBC.com

Cramer's lightning round: Don't get speculative with oil and gas stocks

Jim Cramer zooms through his take on callers' favorite stocks, including a small independent energy play that he wouldn't recommend to investors.

Source: CNBC.com

Duke Energy dam in NC breached, coal ash may have flowed into Cape Fear River

Floodwaters topped a dike at Sutton Lake which led to breaches at the lake's south end, causing it to flow back into the river. Coal ash may have flowed into the Cape Fear River, raising fears of possible contamination.

Source: CNBC.com

US oil rig count down since last week

CNBC's Jackie DeAngelis reports that U.S. oil drillers cut their rigs for the second week in less than a month.

Source: CNBC.com

Crude up ahead of OPEC meeting next week

CNBC's Jackie DeAngelis reports on the crude oil market.

Source: CNBC.com

Russians see relationships with OPEC members as helpful: Expert

Jamie Webster, senior director at BCG Center for Energy Impact discusses the upcoming OPEC meeting in Algeria and what to expect from the oil price.

Source: CNBC.com

OPEC could struggle to counter spikes in crude oil prices, RBC's Helima Croft says

As supply grows tighter, OPEC could struggle to contain the next price spike, says RBC Capital's Helima Croft.

Source: CNBC.com