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Energy Commodities Brent Crude Commodity Market Trades, Charts

  • REUTERS POLL- BRENT CRUDE SEEN AVERAGING $57.04 A BARREL IN 2017, $61.46 IN 2018.

  • *OPEC sec-gen's comments point to an extension of global cut. NEW YORK, April 27- Crude prices were slightly lower after a volatile session on Thursday, as the restart of two key Libyan oilfields and concerns about lackluster gasoline demand fed concern over whether major oil producers can alleviate the glut of global inventories. Brent crude settled down 14...

  • Commodities tomorrow:

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

  • *OPEC expected to extend production cuts. LONDON, April 27- Oil prices fell on Thursday after news that two key oilfields in Libya had restarted, pumping crude for export into an already bloated market. Benchmark Brent crude fell $1.14 a barrel to a low of $50.68 before recovering slightly to trade around $50.85 by 1220 GMT.

  • SINGAPORE, April 27- Oil prices dipped on Thursday, weighed down by a general sentiment of globally bloated markets, though traders said that prices seemed to have found support around current levels. West Texas Intermediate crude oil futures were trading at $49.37 per barrel at 0644 GMT, down 25 cents, or 0.5 percent from their last close. Traders said the falls in...

  • West Texas Intermediate crude oil futures were trading at $49.37 per barrel at 0420 GMT, down 25 cents, or 0.5 percent from their last close. Traders said the falls in recent weeks were due to a realisation that global oil markets remained oversupplied, despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut output by 1.8...

  • West Texas Intermediate crude oil futures were trading at $49.34 per barrel at 0137 GMT, down 28 cents, or 0.56 percent from their last close. Traders said that the falls in recent weeks were a result of a realisation that global oil markets remained oversupplied, despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut...

  • West Texas Intermediate crude oil futures were trading at $49.34 per barrel at 0137 GMT, down 28 cents, or 0.56 percent from their last close. Traders said that the falls in recent weeks were a result of a realization that global oil markets remained oversupplied, despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut...

  • Commodities tomorrow:

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

  • April 26- U.S. crude oil inventories fell sharply and stockpiles of gasoline and distillates jumped last week as refineries hiked production rates to the highest since November 2015, the Energy Information Administration said on Wednesday. After the data, U.S. crude futures turned positive and by 11:06 a.m., were up 34 cents at $49.90 a barrel while Brent crude...

  • *Doubts over OPEC effectiveness despite Saudi comments. Brent crude, the international benchmark for oil prices, was down 50 cents to $51.60 per barrel at 1350 GMT. U.S. inventory data issued late on Tuesday by the American Petroleum Institute weighed on prices and showed the difficulty OPEC and non- OPEC producers are having in eliminating a supply glut despite...

  • *Doubts over OPEC effectiveness weigh despite Saudi comments. Brent crude, the international benchmark for oil prices, eased 50 cents to $51.60 per barrel at 1225 GMT. U.S. inventory data issued late on Tuesday by the American Petroleum Institute weighed on prices and showed the difficulty OPEC and non- OPEC producers are having in eliminating a supply glut...

  • LONDON, April 26- Oil prices edged lower on Wednesday as ample global supplies and data showing a rise in U.S. crude inventories cast doubt on OPEC's ability to tighten the market with output cuts. Brent crude, the international benchmark for oil prices, eased 26 cents to $51.84 per barrel at 1054 GMT. West Texas Intermediate was trading down 24 cents at $49.32 per...

  • SINGAPORE, April 26- Oil prices resumed their downward trend on Wednesday as data showed a rise in U.S. crude inventories and record supplies in the rest of the world cast doubt on OPEC's ability to cut supplies and tighten the market. West Texas Intermediate crude oil futures were trading down 13 cents, or 0.3 percent, at $49.43 per barrel at 0416 GMT, after gaining...

  • SINGAPORE, April 26- Oil prices resumed their downward trend on Wednesday as data showed a rise in U.S. crude inventories and record supplies in the rest of the world cast doubt on OPEC's ability to cut supplies and tighten the market. West Texas Intermediate crude oil futures were trading at $49.32 per barrel at 0052 GMT, down 24 cents, or 0.5 percent from their last...

  • Commodities tomorrow:

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

  • West Texas Intermediate crude futures had added 14 cents, or 0.3 percent, by 0640 GMT, but remained below the $50 mark pierced late last week, at $49.37 a barrel. Despite Tuesdays increases, market sentiment has turned bearish, with Brent down 10 percent since late 2016 despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut...

  • West Texas Intermediate crude futures added 24 cents, or 0.5 percent, by 0305 GMT, but remained below the $50 mark pierced late last week, at $49.47 a barrel. Despite Tuesdays increases, market sentiment has turned bearish, with Brent down 10 percent since late 2016 despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut...

  • *Russia says its oil output could hit 30 year highs. West Texas Intermediate crude oil futures added 21 cents, or 0.4 percent, by 0123 GMT, but remained below the $50 mark pierced late last week, at $49.44 a barrel. Despite Tuesdays small price rises, overall market sentiment has turned bearish, with Brent down nearly 10 percent since the end of December despite an...

  • A customer prepares to pump gasoline at an Arco gas station in Mill Valley, Calif.

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