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Energy Commodities Brent Crude Commodity Market Trades, Charts

  • *Crude futures down over 6 percent since OPEC- led cuts started. SINGAPORE, Feb 8- Oil prices dropped on Wednesday to extend falls from the previous day, as a massive increase in U.S. fuel inventories and a slump in Chinese demand implied that global crude markets remain oversupplied despite OPEC- led efforts to cut output. West Texas Intermediate crude was at $51.52...

  • *Crude futures down over 6 percent since OPEC- led cuts started. SINGAPORE, Feb 8- Oil prices dropped on Wednesday to extend falls from the previous day, as a massive increase in U.S. fuel inventories and a slump in Chinese demand implied that global crude markets remain oversupplied despite OPEC- led efforts to cut output. West Texas Intermediate crude futures were...

  • NEW YORK, Feb 7- Oil prices that tumbled more than 1 percent Tuesday fell further after settlement, pressured by growing crude stockpiles in the United States as evidence of a burgeoning revival in U.S. shale production could complicate efforts by OPEC and other producers to reduce a supply glut. Brent crude settled down 67 cents, or 1.2 percent, at $55.05 a barrel,...

  • *China's oil demand growth at three-year low in 2016. NEW YORK, Feb 7- Oil prices fell more than 1 percent on Tuesday, pressured by growing gasoline stockpiles in the United States as evidence of a burgeoning revival in U.S. shale production could complicate efforts by OPEC and other producers to reduce a supply glut. Brent crude settled down 67 cents, or 1.2 percent,...

  • NEW YORK, Feb 7- Wall Street pared gains on declining oil prices, while the dollar climbed to a more than one-week high on Tuesday on technical buying and political uncertainty in Europe. U.S. crude oil futures settled 1.58 percent, or 84 cents, lower at $52.17 a barrel. Brent was down 1.17 percent, or 65 cents, at $55.07.

  • *OPEC- led production cuts support prices. NEW YORK, Feb 7- Oil prices fell on Tuesday, pressured by sluggish demand and evidence of a burgeoning revival in U.S. shale production that could complicate efforts by OPEC and other producers to reduce a supply glut. Benchmark Brent crude was down 80 cents at $54.92 a barrel by 11:31 EST.

  • LONDON, Feb 7- Hedge funds have accumulated a large net long position in crude oil futures and options but the size of the position and its implications for future movements in prices are disputed. Hedge funds and other money managers had accumulated a net long position in the three main futures and options contracts linked to Brent and West Texas Intermediate...

  • *Brent/WTI futures play declined as volatility ebbed. LONDON, Feb 7- After several years of neglect, oil investors are again betting heavily on the price difference between two global benchmarks- Brent and U.S. crude futures- due to a push in Washington to impose a controversial import tax. Then OPEC's decision in November to cut crude output, hoping to reverse more...

  • *OPEC- led production cut is main support for prices. Brent crude futures, the international benchmark for oil prices, were trading at $55.77 per barrel at 0753 GMT, up 5 cents from the last close. "$55 per barrel is quite obviously the pivot point in this market... and it has been for some time," said Matt Stanley, a fuel broker with Freight Investor Services in Dubai.

  • *OPEC- led production cut is main support for prices. Brent crude futures, the international benchmark for oil prices, were trading at $55.92 per barrel at 0245 GMT, up 20 cents from the last close. While OPEC and Russia have together cut at least 1.1 million bpd so far, rising output elsewhere as well as signs of slowing demand growth threaten to undermine these...

  • Brent crude futures, the international benchmark for oil prices, were trading at $55.96 per barrel at 0151 GMT, up 24 cents from the last close. While OPEC and Russia have together cut at least 1.1 million bpd so far, rising output elsewhere as well as signs of slowing demand growth threaten to undermine these efforts, traders said. "The number of oil rigs in the U.S. now...

  • Commodities tomorrow:

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

  • OIL PRICES EXTEND LOSSES; BRENT CRUDE DOWN BY $1 AT SESSION LOW OF $55.73 PER BARREL.

  • *U.S. puts new sanctions on Iran, but oil so far unaffected. *China import demand growth to slow- BMI Research. SINGAPORE, Feb 6- Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose that new U.S. sanctions against Iran could be extended to affect crude supplies.

  • *U.S. puts new sanctions on Iran, but oil so far unaffected. *China import demand growth to slow- BMI Research. SINGAPORE, Feb 6- Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and on concerns that new U.S. sanctions against Iran could be extended to affect crude supplies.

  • NEW YORK, Feb 3- Oil prices rose on Friday after the United States imposed sanctions on some Iranian individuals and entities, days after the White House rebuked Tehran for a ballistic missile test. West Texas Intermediate crude futures settled up 29 cents, or 0.5 percent, to $53.83. "I think that the consensus is that Iran supported the market, but I think that it's...

  • Commodities tomorrow:

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

  • LONDON/ NEW YORK, Feb 3- Oil prices jumped on Friday after the United States on Friday imposed sanctions on some Iranian individuals and entities, days after the White House put Tehran "on notice" over a ballistic missile test. West Texas Intermediate crude futures climbed 24 cents to $53.78, after closing 34 cents down on Thursday, as of 12:22 p.m. ET.

  • SINGAPORE/ TOKYO, Feb 3- Oil prices edged up on Friday on news that U.S. Brent crude futures had risen 45 cents, or 0.8 percent, to $57.01 a barrel by 0750 GMT, after settling down 24 cents at $56.56 in the previous session. West Texas Intermediate crude futures climbed 48 cents, or 0.9 percent, to $54.02 a barrel, after ending Thursday down 34 cents.

  • SINGAPORE/ TOKYO, Feb 3- Oil prices edged up on Friday on news that U.S. Brent crude futures had risen 21 cents, or 0.4 percent, to $56.77 a barrel by 0358 GMT, after settling down 24 cents at $56.56 in the previous session. Moves by the U.S. to impose new sanctions on Iran is "something at the back of short-term traders' minds," said Ric Spooner, chief market analyst at Sydney's...