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Energy Commodities Brent Crude Commodity Market Trades, Charts

  • Expert: It's 'final exam time' for OPEC

    Jacques Rousseau, Clearview Energy Partners, talks about the dilemma OPEC ministers face over oil production.

  • The Saudi Oil Minister Khaled al-Faleh attends the 15th International Energy Forum in Algiers on September 27, 2016, on the eve of an informal OPEC meeting the next day.

    The OPEC circus is back in Vienna this week for its bi-annual performance.

  • *Move would undermine OPEC- led effort to tighten markets. President Donald Trump proposed the sale of of half of the country's strategic oil reserves in his budget plan, just as producer club OPEC and its allies are cut back output to tighten the market. After rising in Asian morning trading, Brent crude futures reversed their gains and were at $53.71 per barrel at...

  • Commodities tomorrow:

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

  • *Brent crude top $54 per barrel on OPEC hopes. NEW YORK, May 22- The euro surged to a more than six-month high on Monday after German Chancellor Angela Merkel said it was "too weak," while oil prices were bolstered by expectations that top exporters will extend supply curbs this week. A one-month high for oil futures on hopes of a supply cut by the Organization of the...

  • Jackie DeAngelis oil close

    CNBC's Jackie DeAngelis looks at the past week in commodities and to what's likely to happen next week.

  • NEW YORK/ LONDON/ SINGAPORE May 19- After the first OPEC oil production cut in eight years took effect in January, oil traders from Houston to Singapore started emptying millions of barrels of crude from storage tanks. The stalled drawdowns shed light on the broader challenge facing OPEC- the Organization of the Petroleum Exporting Countries- as it struggles to...

  • *Optimism on OPEC extending cuts buoys prices. Brent crude was up 63 cents at $53.14 at 0813 GMT, after climbing to $53.20, its highest since April 21. Since the start of March, the Brent price has swung from more than $56 a barrel to less than $47 as opinion has swayed over whether cuts by the Organization of the Petroleum Exporting Countries and other producers will...

  • NEW YORK/ LONDON/ SINGAPORE May 19- After the first OPEC oil production cut in eight years took effect in January, oil traders from Houston to Singapore started emptying millions of barrels of crude from storage tanks. The stalled drawdowns shed light on the broader challenge facing OPEC- the Organization of the Petroleum Exporting Countries- as it struggles to...

  • Brent crude was up 34 cents, or 0.7 percent, at $52.85 at 0358 GMT. Since the beginning of March, crude prices have swung from over $56 a barrel to under $47 as market participants were divided over the impact of rising output from the United States versus production cuts by the Organization of Petroleum Exporting Countries and other countries, including Russia.

  • *Record volumes of U.S., North Sea oil being shipped to Asia. SINGAPORE, May 18- Oil prices dipped on Thursday, weighed down by plentiful supply despite ongoing efforts led by OPEC to tighten the market by cutting production. Brent crude was down 11 cents, or 0.2 percent, from its last close at $52.10 per barrel at 0644 GMT.

  • *Record volumes of U.S., North Sea oil being shipped to Asia. SINGAPORE, May 18- Oil prices dipped on Thursday, weighed down by plentiful supply despite ongoing efforts led by OPEC to tighten the market by cutting production. Brent crude was down 18 cents, or 0.3 percent, from its last close at $52.03 per barrel at 0244 GMT.

  • *Record volumes of U.S., North Sea oil being shipped to Asia. SINGAPORE, May 18- Oil prices dipped on Thursday, weighed down by plentiful supplies despite an ongoing effort led by OPEC to cut production in order to tighten the market and prop up prices. Brent crude futures were down 21 cents, or 0.4 percent, from their last close at $52 per barrel at 0148 GMT.

  • *Prospects of OPEC- led supply cut deal extension supports prices. New York, May 17- Oil prices settled at a two-week high on Wednesday after U.S crude inventories declined for the sixth straight week, a positive sign for markets ahead of next week's OPEC meeting, where major oil producers are expected to extend supply cuts. Brent crude settled 56 cents firmer at...

  • *Prospects of OPEC- led supply cut deal extension supports prices. New York, May 17- Oil prices rose on Wednesday after U.S. government data showed a decline in domestic crude inventories and strong refining activity in the world's largest oil consumer, ahead of next week's meeting of major oil producers. Brent crude rose 87 cents and stood at $52.52 per barrel by...

  • *Prospects of OPEC- led supply cut deal extension supports prices. LONDON, May 17- Oil prices strengthened on Wednesday ahead of U.S. crude inventory data that could give investors a clue as to whether an OPEC- led output cut is making progress in reducing a persistent global supply overhang. Brent reached $52.63 a barrel and WTI rose as high as $49.66 on Monday after...

  • *Prospects of OPEC- led supply cut deal extension supports prices. LONDON, May 17- Oil prices strengthened on Wednesday ahead of U.S. crude inventory data that could give investors a clue as to whether an OPEC- led output cut is making progress in reducing a persistent global supply overhang. Brent reached $52.63 a barrel and WTI rose as high as $49.66 on Monday after...

  • *Rising North Sea, U.S. production undermines OPEC- led cuts. LONDON, May 17- Oil prices strengthened on Wednesday ahead of U.S. crude inventory data that could give investors a clue as to whether an OPEC- led output cut is making progress in reducing the persistent global supply overhang. Brent reached $52.63 a barrel and WTI rose as high as $49.66 on Monday after...

  • *Rising North Sea, U.S. production undermines OPEC- led cuts. LONDON, May 17- Oil prices fell on Wednesday after industry data showed a surprise increase in U.S. crude inventories despite OPEC- led output cuts that Saudi Arabia and Russia want extended. Brent crude was down 15 cents at $51.50 per barrel by 0851 GMT.

  • *Prices fall despite Saudi, Russia push for extended cut. SINGAPORE, May 17- Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia to extend output cuts. Brent reached $52.63 a barrel on Monday and WTI rose as high as $49.66 a...