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Energy Commodities Brent Crude Commodity Market Trades, Charts

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  • SINGAPORE, Aug 4- Oil prices edged up in early Asian trading on Tuesday following a sharp 5 percent drop in the previous session, as high global production and a weakening economic outlook, especially in Asia, prompted analysts to warn of further falls. Although prices rose on Tuesday, with Brent 28 cents higher at $49.80 a barrel by 0336 GMT and U.S. crude up 35 cents...

  • NEW YORK/ LONDON, Aug 3- A key global commodities price benchmark sank to 12- year lows on Monday as copper and sugar prices hit fresh multi-year lows and oil fell below $50 for the first time in six months, as fears about a hard economic landing in China and global glut deepened. "Weak Chinese data and Iranian braggadocio about 500,000 additional barrels on the...

  • *Commodity markets battered by weak China data; CRB at 12- yr low. NEW YORK, Aug 3- Oil prices lurched 5 percent lower on Monday to their lowest since January, taking global benchmark Brent below $50 a barrel as weak factory activity in China deepened a commodity-wide rout. U.S. crude had already fallen 21 percent in July, its worst month since 2008 amid mounting...

  • Commodities tomorrow: Oil down 4% Monday, 3 Aug 2015 | 4:00 PM ET
    Commodities tomorrow: Oil down 4%

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

  • NEW YORK, Aug 3- Oil futures prices sank to a six-month low on Monday, weighed by oversupply and weaker demand expectations, while equity markets in Asia and on Wall Street fell as factory data from China and the United States disappointed. Brent slumped to its lowest since late January on worries about oversupply as OPEC pumped at record levels in July, adding to...

  • Benchmark U.S. crude fell $1.95, or 4.1 percent, to close at $45.17 a barrel in New York. U.S. crude has been declining since reaching a high this year of $61.43 a barrel on June 10. Brent crude, a benchmark for international oils used by many U.S. refineries, was declined $2.69, or 5.2 percent, to $49.52 a barrel in London.

  • Oil bear predicts another 10% pullback Monday, 3 Aug 2015 | 12:22 PM ET
    Oil bear predicts another 10% pullback

    What people have to look at is supply, says Tom Kloza, Oil Price Information Service, sharing his outlook on crude as oil hits a 6-month low.

  • LONDON, Aug 3- Commodities prices slumped again on Monday with some hitting multi-year lows on worries about a glut of supply facing weak demand in China, after factory activity in the world's top consumer of raw materials shrank more than expected last month. On the energy markets, Brent crude oil touched a low of $50.85 a barrel, its weakest since Jan. 30, after...

  • With most commodities priced in U.S. dollars, the strength of the greenback, and the slowdown in China is leading a rout in commodity markets. "If Saudi Arabia and Iraq keep running full tilt and Libya and Iran get their oil production back on track, crude prices could languish below $60 for the next three years," said Morgan Stanley analyst, Martijn Rats in a research...

  • *OPEC oil production up 140,000 bpd in July- Reuters survey. LONDON, July 31- Oil prices steadied on Friday as a sharp fall in the dollar balanced evidence of growing oversupply, with core OPEC producers pumping near record levels. Brent crude oil was down 25 cents at $53.06 a barrel by 1350 GMT.

  • XOM dips on lower prices Friday, 31 Jul 2015 | 10:00 AM ET
    XOM dips on lower prices

    Lower oil prices take a toll on Exxon Mobil's Q2 earnings.

  • LONDON, July 31- Oil prices fell on Friday as concern over global oversupply intensified after oil producers' cartel OPEC indicated there would be no cuts in production despite a huge global oversupply. "All commodities are down," said Abhishek Deshpande, oil analyst at Natixis. Benchmark North Sea Brent crude headed for its fifth consecutive weekly fall after...

  • NYMEX-U.S. crude slips on mixed economic data Thursday, 30 Jul 2015 | 8:53 PM ET

    *U.S. crude for September delivery slipped 2 cents to $48.50 a barrel as of 0038 GMT, after ending the previous session down 27 cents. *Brent crude oil for September delivery rose 12 cents to $53.43 after settling 27 cents lower in the previous session. *Russia's oil-for-goods barter deal with Iran, estimated to be worth $70 billion, is still in place, Russian Energy...

  • Commodities tomorrow: Downside pressure continues Thursday, 30 Jul 2015 | 4:00 PM ET
    Commodities tomorrow: Downside pressure continues

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

  • NEW YORK, July 30- Crude futures settled down on Thursday, pressured by a rally in the dollar which countered bullish sentiment from a drawdown in U.S. stockpiles that was much steeper than expected. Global benchmark Brent neared a six-month trough earlier this week and U.S. futures neared four-month lows, pressured by a global glut, a resurgent dollar and China's...

  • NEW YORK, July 30- Crude futures erased early gains on Thursday after bullish sentiment from a drawdown in U.S. stockpiles was checked by a rally in the dollar. Oil has lost more than $10 a barrel over the past month, with global benchmark Brent nearing a six-month trough earlier this week and U.S. futures near four-month lows, amid a global glut, resurgent dollar and...

  • Nat gas inventories supply in good shape Thursday, 30 Jul 2015 | 10:30 AM ET
    Nat gas inventories supply in good shape

    CNBC's Jackie DeAngelis reports weekly natural gas inventories showed an injection of 52 bcf in line with expectations.

  • "Prices are at unsustainable lows after an exaggerated selloff," said Carsten Fritsch, analyst at Commerzbank in Frankfurt. Benchmark Brent hit a low of $52.28 a barrel on Tuesday, its cheapest since Feb. 2 as an oversupply of crude and the rising dollar combined with worries over China, the world's biggest energy consumer. The Reuters survey forecast Brent would...

  • Shell to cut jobs to cope with long period of cheap oil Thursday, 30 Jul 2015 | 2:52 AM ET

    LONDON— Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices. Brent crude, a benchmark for North Sea oil, averaged about $62 a barrel during the period, down from $110 in the second quarter of 2014.. Shell plans to bolster earnings through the $70 billion acquisition of...

  • *U.S. crude for September delivery climbed 8 cents to $48.87 a barrel as of 0008 GMT, after ending the previous session up 81 cents, or 1.7 percent. U.S. crude oil stocks fell by 4.2 million barrels to 459.68 million in the week to July 24, more than twenty times analysts' expectations for a decrease of 184,000, data from the Energy Information Administration showed on...