CNBC's Bertha Coombs discusses the day's activity in the commodities markets. After the dollar slipped, oil and gasoline futures climbed a bit. Nat gas was down on a bigger-than-expected build. A mixed picture in the metals markets, as well.
Hess and Elliott Management ended a long-running proxy feud, settling on a mix of new directors and putting a battle over the company's strategy behind them.
CNBC's Bertha Coombs says negative economic data from Europe put pressure on commodities overall. Prices at the pump are 12 cents below where they were a year ago.
The Obama administration's plan to expand natural gas exports makes sense, and its price shouldn't be kept artificially low, T. Boone Pickens told CNBC.
Oil fell after data showed the euro zone was in its longest recession ever, while a stronger dollar and rising U.S. refined products stocks put additional pressure on prices.
Brent crude oil prices fell after a global energy watchdog described world supplies as "comfortable" and analysts forecast a continued build in the U.S. crude inventory, while gasoline rose 1 percent on expected inventory draws ahead of the summer driving season.
U.S. shale oil will help meet most of the world's new oil demand in the next five years, even if the global economy picks up steam, the West's energy agency said on Tuesday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was lower on the day, while gold dipped and came back later in the day.