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Oil falls near $95 on small drop in supplies

The price of oil fell near $95 a barrel Wednesday as the nation's oil supply fell less than expected and demand for gasoline remained weak. Full story

Groups petition Wyo. to toughen up oil-gas rules

A coalition of groups has petitioned Wyoming's state oil and gas regulatory agency to adopt tougher rules for oil and gas development that include restrictions on practice of flaring and expanding the minimum distance between new oil and gas wells and homes, schools and businesses. Full story

Analysis: Oil saving win-win drives Saudi solar power boom

DUBAI (Reuters) - A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of dollars of crude for export while making electricity at less than half the cost. Full story

Ahead of the Bell: Chesapeake

A Susquehanna Financial Group analyst on Wednesday raised his rating on Chesapeake Energy Corp. to "Positive" from "Neutral," saying that the stock should get a boost from both higher oil and gas prices and its new CEO. Full story

Europe oil probe seeks market abuse evidence in 2010-2013

LONDON (Reuters) - The European Commission is asking oil traders across the continent to provide evidence of market abuse to determine whether companies sought to manipulate prices reported to leading price-setting agency Platts. Full story

Expert: Summer gas costs likely lower than 2012

A Purdue University economist says he expects this summer's gasoline prices to be lower than last year. Full story

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Articles

Shell says hunt for new CEO is underway

Ghana hopes to shield economy from African oil curse

Oil rises on falling dollar; gasoline at $3.65

Gold breaks a losing streak; other metals rise

Biggest traders helping EU oil probe, not in it: sources

Portion of Houston Channel shut for search: Coast Guard

Hercules Offshore selling bulk of inland fleet

Analysis: At margins of shale oil boom, a tempered euphoria

Kuwait replaces oil officials at KPC after $2.2 billion Dow payment

EU finds time to tell restaurants how to serve olive oil

Video

  Crude Oil Inventories Down 624,000 Barrels

CNBC's Bertha Coombs reports the latest numbers on energy supplies from the EIA Inventory Report.

  April 26: Nightly News Friday broadcast

White House: Furlough solution a “Band-Aid” on economy’s wounds; Will newly found 9/11 debris be tested for human remains?; Carjacking victim’s daring escape from bombing suspects; Questions remain over Syria's chemical weapons; Fargo braces for record flooding; The oil at the heart of the Keystone

  The oil at the heart of the Keystone pipeline controversy

The Keystone pipeline, a project to transport heavy crude from Canada to the Gulf Coast, is expected to provide hundreds of temporary construction jobs in the U.S., but critics say the oil it carries comes at a terrible cost. NBC’s Anne Thompson reports.

  Toxic BP oil clean-up chemical sickening those exposed

Mark Hertsgaard, contributor to The Daily Beast, talks with Rachel Maddow about the devastating health effects of Corexit, the oil dispersant used by BP in the Gulf to clean up oil from the Deepwater Horizon spill on the workers and residents of the area.

  'What if we never run out of oil?," The Atlantic asks in new issue

The Atlantic's James Bennet joins Morning Joe to discuss how new technologies may help prove that fossil fuel may not be finite.

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Related Photos

File photo of solar dishes behind the entrance sign of the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station
File photo of solar dishes behind the entrance sign of the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station

Solar dishes are seen behind the entrance sign of the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station, in this May 21, 2012 file photo. A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia:

A driver fills up with fuel at a Shell petrol station in London
A driver fills up with fuel at a Shell petrol station in London

A driver fills up with fuel at a Shell petrol station in London May 15, 2013. Oil companies will face the full force of the law if they manipulated prices, Britain's energy minister said on Wednesday as the European Commission's demanded more firms provide information as part of its probe into oil p

Fuel pumps are seen at a Shell petrol station in London
Fuel pumps are seen at a Shell petrol station in London

Fuel pumps are seen at a Shell petrol station in London May 15, 2013. Oil companies will face the full force of the law if they manipulated prices, Britain's energy minister said on Wednesday as the European Commission's demanded more firms provide information as part of its probe into oil pricing.

A BP logo is seen at a petrol station in London
A BP logo is seen at a petrol station in London

A BP logo is seen at a petrol station in London May 15, 2013. Oil companies will face the full force of the law if they manipulated prices, Britain's energy minister said on Wednesday as the European Commission's demanded more firms provide information as part of its probe into oil pricing. REUTERS/