As the White House issues a new offshore oil drilling ban, John Licata, chief investment strategist at Blue Phoenix, says this was bad timing and will hurt the consumer. He explains why to CNBC's Martin Soong, Sri Jegarajah and Karen Tso. Source:...

The gauntlet has been thrown down “yet again” by the World to Iran to stop enriching uranium. President Obama recently said he expects tough sanctions on the Middle Eastern country this spring. So what exactly could be at stake for the price of oil...

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Interview focused on weaker oil prices in the near term and a potential rebound in the year...