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Energy Commodities Brent Crude Commodity Market Trades, Charts

  • *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...

  • *Rising North Sea, U.S. production undermines OPEC- led cuts. 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...

  • Commodities tomorrow:

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

  • LONDON, May 16- Oil prices extended gains on Tuesday after top producers Saudi Arabia, Russia and Kuwait supported prolonging supply cuts until the end of March 2018 in an effort to drain a global glut. Brent crude oil was up 30 cents at $52.12 a barrel by 1335 GMT. Saudi Arabia and Russia said on Monday they agreed on the need for a 1.8 million barrels per day crude...

  • LONDON, May 16- Oil prices extended gains on Tuesday after top producers Saudi Arabia, Russia and Kuwait supported prolonging supply cuts until the end of March 2018 in an effort to drain a global glut. Brent crude oil was up 30 cents at $52.12 a barrel by 1215 GMT. Saudi Arabia and Russia said on Monday they agreed on the need for a 1.8 million barrels per day crude...

  • LONDON, May 16- Oil prices extended gains on Tuesday after top producers Saudi Arabia, Russia and Kuwait supported prolonging supply cuts until the end of March 2018 in an effort to drain a global glut. Brent crude oil was up 20 cents at $52.02 a barrel by 1010 GMT. Saudi Arabia and Russia said on Monday they agreed on the need for a 1.8 million barrels per day crude...

  • An employee views trading screens

    European markets closed higher on Monday after hitting new record highs.

  • Jackie DeAngelis commodity hit

    CNBC's Jackie DeAngelis reports on the final oil close of the week and looks ahead to next week's trading.

  • Oil market eyes OPEC production decision

    CNBC's Jackie DeAngelis, takes a look at three possible outcomes after OPEC leaders meet at the end of May.

  • LONDON, May 12- Oil prices traded largely flat on Friday, supported by expectations of an extended OPEC- led production cut and falling U.S. crude inventories but capped by concerns over global oversupply. Analysts said a larger-than-expected fall in U.S. crude inventories last week, by 5.3 million barrels, continued to keep Brent above $50, with the data viewed as...

  • Commodities tomorrow:

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

  • Russia oil

    There are three reasons the oil price rebound can't last, says Robert McNally.

  • LONDON, May 11- A sharp rebound in oil prices helped lift emerging equities towards a two-year high on Thursday and boosted the currencies of oil producers Russia and Kazakhstan, whilst a weaker dollar allowed other currencies to make gains. Brent crude futures rose 0.8 percent, extending Wednesday's 3 percent gains on the back of the biggest one-week drop in...

  • *Saudi Arabia cuts oil supplies to Asia for June. LONDON, May 11- Oil prices rose on Thursday, with benchmark Brent crude trading comfortably above $50 a barrel after a fall in U.S. inventories and a bigger-than-expected cut in Saudi supplies to Asia helped tightened the market. OPEC has reduced output as promised, but there have been few signs so far that supply has...

  • *Saudi Arabia cuts oil supplies to Asia for June. LONDON, May 11- Oil prices rose on Thursday, with global benchmark Brent crude trading comfortably above $50 a barrel after a fall in U.S. inventories and a bigger-than-expected cut in Saudi supplies to Asia helped tightened the market. OPEC has reduced production as promised, but there have been few signs so far that...

  • *Saudi Arabia cuts oil supplies to Asia for June. SINGAPORE, May 11- Oil prices rose by around 1 percent on Thursday, and Brent was firmly back over $50 per barrel, as a fall in U.S. fuel inventories and a bigger than expected cut in Saudi supplies to Asia tightened the market. And it looks like OPEC's production cut is finally biting, "said Greg McKenna, chief market...

  • *Saudi Arabia cuts oil supplies to Asia for June. SINGAPORE, May 11- Oil prices rose on Thursday, and Brent was firmly back over $50 per barrel, as a fall in U.S. fuel inventories and a bigger than expected cut in Saudi supplies to Asia tightened the market. And it looks like OPEC's production cut is finally biting, "said Greg McKenna, chief market strategist at futures...

  • *Saudi Arabia cuts oil supplies to Asia for June. SINGAPORE, May 11- Oil prices rose on Thursday, and Brent was firmly back over $50 per barrel, as a fall in U.S. crude inventories and a more severe than expected cut in Saudi supplies to Asia tightened the market. And it looks like OPEC's production cut is finally biting, "said Greg McKenna, chief market strategist at CFD...

  • Commodities tomorrow:

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

  • Crude futures rose on the data after enduring weeks of pressure over worries that a deal between OPEC and non- OPEC producers to reduce supply was not having the desired effect. By 11:12 a.m., U.S. crude futures were up $1.30, or 2.8 percent, at $47.18 a barrel, and Brent crude rose 2.5 percent, or $1.25, to $49.98 a barrel. The refinery utilization rate has come down...