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Energy Commodities Brent Crude Commodity Market Trades, Charts

  • NEW YORK, Feb 22- Oil prices fell more than 1 percent on Wednesday on expectations of another surge in U.S. inventories, retreating from multi-week highs hit in the previous session after OPEC signaled optimism over its deal with other producers to curb output. In post-settlement trade, prices pared losses sharply after data from industry group the American...

  • NEW YORK, Feb 22- Oil prices fell 1.5 percent on Wednesday on expectations of another surge in U.S. inventories, retreating from multi-week highs hit in the previous session after OPEC signaled optimism over its deal with other producers to curb output. U.S. crude stocks likely rose 3.5 barrels last week, its seventh straight build, analysts polled ahead of weekly...

  • NEW YORK, Feb 22- Oil prices fell about 1.5 percent on Wednesday on expectations of another surge in U.S. inventories, but they traded close to multi-week highs after OPEC signalled optimism over its deal with other producers to curb output. Analysts polled ahead of weekly inventory reports from industry group the American Petroleum Institute and the U.S....

  • BRENT CRUDE FUTURES EXTENDS LOSSES, FALLS $1 A BARREL.

  • Gartman's three bullish signals for oil

    Dennis Gartman, The Gartman Letter founder, talks about his bullish outlook on oil.

  • *OPEC secretary general optimistic on output cuts. TOKYO, Feb 22- Oil prices held near multi-week highs on Wednesday after OPEC signaled optimism over its deal with other producers to curb output to clear a glut that has weighed on markets since 2014.. Brent crude was up 17 cents, or 0.3 percent, at $56.83, having touched its highest since Feb. 2 at $57.31 in the...

  • *OPEC secretary general optimistic on output cuts. TOKYO, Feb 22- Oil prices held near multi-week highs on Wednesday after OPEC signaled optimism over its deal with other producers to curb output to clear a glut that has weighed on markets since 2014.. Brent crude was up 23 cents, or 0.4 percent, at $56.89, having touched its highest since Feb. 2 at $57.31 in the...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • *Oil futures jump on OPEC stance on output cuts. Oil futures rose after OPEC said it was sticking to its deal to reduce output. The rally in equity markets around the globe, led by Wall Street, has been stoked by hopes of tax cuts, infrastructure spending and looser regulations from U.S.

  • BAGHDAD, Feb 21- Iraq needs oil prices to reach $60 per barrel to plug its public deficit gap, Prime Minister Haider al-Abadi told a news conference in Baghdad on Tuesday. Brent crude was trading at about $57 per barrel on Tuesday. Iraq is OPEC's second largest producer, after Saudi Arabia.

  • *Oil futures jump on OPEC stance on output cuts. Oil futures rose more than 1 percent after OPEC said it was sticking to its deal to reduce output. The rally in equity markets around the globe, led by Wall Street, has been stoked by hopes of tax cuts, infrastructure spending and looser regulations from U.S.

  • Brent futures were down 5 cents at $55.75 a barrel at 0245 GMT, while U.S. "Sustained gains above $55 a barrel, and a hoped for rally to $60 a barrel, both proving incredibly tough nuts to crack," said Jeffrey Halley, senior market analyst at futures brokerage OANDA in Singapore. "At the crux of the matter is that 90 percent OPEC compliance is being balanced by ever...

  • TOKYO, Feb 20- Oil prices rose on Monday, but gains were minimal as investors gauged whether an increase in U.S. drilling and record stockpiles would undermine efforts by producers to cut output and bring the market into balance. Brent futures were up 1 cent at $55.82 a barrel at 0050 GMT, while U.S. The Organization of the Petroleum Exporting Countries and other...

  • *OPEC, other exporters promise to cut 1.8 million bpd in H1. LONDON, Feb 16- Oil prices steadied on Thursday as record crude and gasoline inventories in the United States dragged on prices, though OPEC supply cuts helped to support the market. Brent crude was up 10 cents at $55.85 a barrel by 1005 GMT.

  • *OPEC, other exporters promise to cut 1.8 million bpd in H1. LONDON, Feb 16- Oil prices steadied on Thursday as record crude and gasoline inventories in the United States dragged on prices, though OPEC supply cuts helped to support the market. Brent crude was up 15 cents at $55.90 a barrel by 0920 GMT.

  • SINGAPORE, Feb 16- Oil prices held steady on Thursday, supported by ongoing supply cuts led by producer group OPEC, although rising fuel inventories and crude production in the United States weighed on sentiment. Brent crude futures were trading at $55.73 per barrel at 0209 GMT, down just 2 cents from their last close. The Organization of the Petroleum Exporting...

  • The tanker Maria sails out of the Port of Corpus Christi after discharging crude oil at the Citgo refinery in Corpus Christi, Texas.

    Helima Croft, RBC Capital Markets, highlights what's going on in the oil space and how to play.

  • NEW YORK, Feb 14- Oil prices pared gains after the settlement Tuesday, as evidence of surging U.S. crude oil stockpiles underscored concerns that shale production might limit the effectiveness of an OPEC- led effort to cut global output. Brent crude traded at $55.73 a barrel at 4:39 p.m. Eastern, off the settlement of $55.97 a barrel, which was up 38 cents but well...

  • NEW YORK, Feb 14- Oil pared gains on Tuesday as concerns about rising supply from U.S. shale output overshadowed an OPEC- led effort to cut global output, which has supported oil prices in a higher range. Brent crude was 61 cents higher at $56.20 a barrel by 11:30 Eastern, after earlier rising to $56.46 a barrel. The Organization of the Petroleum Exporting Countries...

  • *OPEC cuts support oil prices above $50 per barrel. LONDON, Feb 14- Oil rose on Tuesday, supported by an OPEC- led effort to cut output while rising production elsewhere kept prices within the narrow ranges that have contained them so far this year. Brent crude was 80 cents higher at $56.39 a barrel by 1425 GMT.