Inside Cable News

January 2, 2008

$100/barrel oil…

CNBC put out a release noting its coverage of the oil market as the “black gold” hit $100 a barrell at one point…

Oil broke through the $100 a barrel milestone this afternoon intraday and CNBC, First in Business Worldwide, is delivering fast, accurate, actionable and unbiased reports and analysis.

CNBC’s Sharon Epperson is reporting from the NYMEX and CNBC’s Rick Santelli is reporting from the Chicago Mercantile Exchange. These reports are focusing on how oil hitting $100 will affect consumers, stocks, the U.S. economy, the global economy and specific industries. CNBC is also reporting on the smart investments in the age of $100 per barrel oil, where the oil wealth is likely to go next, and who makes money off $100 per barrel oil.

Scheduled to provide analysis and commentary on CNBC are Pulitzer Prize winner Daniel Yergin, CNBC Global Energy expert and chairman of the Cambridge Energy Research Associates, and CNBC Contributor and oil expert John Kilduff of MF Global Ltd., the world’s leading broker of exchange-listed futures and options, will provide analysis. Kilduff has covered the energy markets for 15 years.

“Fast Money” (5-6 PM ET) with CNBC anchor Dylan Ratigan and the “Fast Money” traders live from the Nasdaq MarketSite in New York City’s Times Square will cover the $100 oil watch with an exclusive interview with Dennis Gartman of The Gartman Letter, a daily financial trading commentary. The traders will also discuss the defensive stock names that can whether $100 oil and the best energy stocks to ride the move to $100-plus oil.

Filed under: Cable News, CNBC - Spud

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