Mark Fisher, MBF Clearing Corporation CEO, discusses whether oil's rise on Mideast tensions is now over, as well as the impact of rising demand in China. The NYMEX trader reveals how he is playing oil now.
Cushing, Oklahoma is the U.S. delivery point for all Nymex crude futures. CNBC's Scott Cohn has the story of the little town with the great big oil supply.
Despite the high oil prices there is a massive glut of oil in Cushing, Oklahoma, the designated delivery point for Nymex crude oil futures, with CNBC's Scott Cohn, and Brian Johnson, Enbridge Energy, Cushing Region Dir. & GM
Cushing, Oklahoma is the designated delivery point for NYMEX crude oil futures, with CNBC's Scott Cohn.
The trading pits at the NYMEX are in for another busy day, with CNBC's Sharon Epperson, and Tim Jennings, Vantage Trading.
NEW YORK, NY - APRIL 19: A sign advertises for gold in the jewelry district on April 19, 2011 in New York City. Gold futures climbed to a record $1,500 level today following a weaker dollar and higher oil prices. Gold settled at a record $1,494.50 per troy ounce on the Comex division of the New Yor