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Press Releases

Crude hits $40 before it heads higher: Pro

Michael Purves, Weeden & Company, shares his outlook on the market, oil and the U.S. dollar.


Saudi Arabia-Iran tensions ignite OPEC worries

CNBC's Hadley Gamble reports OPEC members are struggling to reach an agreement on oil production.


Ball in Iran's court at Algiers oil producer meeting

CNBC's Hadley Gamble discusses the latest lines to come out of this week's oil producer meeting in Algiers.


OPEC members struggle to reach any agreement in Algiers

CNBC's Hadley Gamble reports from Algiers on the prospects of a supply deal and speaks to Nigeria's oil minister Emmanuel Ibe Kachikwu.


Fed looks like it'll kick off normalization in December: Economist

Larry Hatheway, group chief economist at GAM, discusses the Fed and explains how U.S. politics is impacting markets, the economy and the price of oil.


Film based on 2010 oil rig explosion set for release

Peter Berg, director of new film Deepwater Horizon, explains the hardest part about making his new film.


An OPEC deal will not hold for very long: CEO

Jim McCaughan, CEO of Principal Global Investors, says there is downward pressure on oil prices as any OPEC deal is likely to fall apart.


Europe shares open higher; oil markets in focus

European stocks opened in positive territory on Wednesday as investors wait to see if any kind of oil output deal can be salvaged from a meeting of major oil producers in Algeria.


Nothing will come out of OPEC meet: Investor

OPEC members have disparate agendas and will unlikely reach an agreement on anything, says Martin Place Securities' Barry Dawes.


Trader gets out of the energy bet

"Fast Money" trader Dan Nathan shares his bullish bet on the XLE ETF in the options market. The "Fast Money" traders weigh in.