SINGAPORE, Dec 2- Oil prices fell on Wednesday as an unexpected rise in inventories pulled down U.S. crude contracts, while Brent was weighed down by China's bleak economic outlook and a widespread expectation that OPEC will maintain high production. "The market is a little bit skittish ahead of the OPEC meeting, it is going to be very range-bound between now and...» Read More
WTI has fallen below $45 a barrel while Brent is hovering just above. Nitesh Shah, research analyst at ETF Securities, says the oil price at this level is not sustainable.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Another big drop in oil dragged down equities. A GS forecast that said oil could go to $40 and OPEC refusing to cut production were the reasons why.
CNBC's Jim Cramer says analysts need to cut their oil outlook in order for energy stocks to bottom.
Olivier Esnou, head of capital goods equity research at Exane BNP Paribas, says that companies like ABB and Siemens could take a significant hit if the oil price slide continues.
CNBC's Jackie DeAngelis reports the latest data on natural gas inventories.
CNBC's Jackie DeAngelis reports oil remains under pressure as traders believe WTI could move to $45 while Brent crude trades at $50.96.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude ended a little higher on the day, after Brent went under $50 last night. A significant build in gasoline could mean even lower prices at the pump.
Discussing how crazy swings in the energy market could affect oil producers and if low oil is sustainable, with Fadel Gheit, Oppenheimer oil analyst.
CNBC's Jackie DeAngelis reports the latest gasoline and crude oil data.
CNBC's Jackie DeAngelis reports Brent crude breaks $50 and WTI is under $47 a barrel.
CNBC's Jim Cramer weighs in on oil's supply and demand issue, and its impact on the broader market.
Sandy Jadeja, chief market strategist at SignalPro, says oil will drop further before it rallies. Here are they key levels this technical strategist is forecasting.
Mark Keenan, Cross Commodity Research Strategist, Societe Generale, discusses the factors that will contribute to further declines in oil prices for the first half of 2014.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil dropped another 4 percent today as traders look at the global economy and wonder where the tipping point actually is.
Byron Wien, Blackstone Advisory Partners, provides his bullish outlook on the S&P 500 for 2015, and reveals what other surprises he sees happening this year.
Sen. John Hoeven, (R-N.D.) discusses his comprehensive energy plan and sponsorship of a bill that will officially authorize the Keystone pipeline, with CNBC's Rick Santelli.
Discussing consumer participation in the economic recovery and when oil will stabilize, with Kristina Hooper, Allianz Global Investors, and Francisco Blanch, BofA Merrill Lynch Global Research.
CNBC's Jackie DeAngelis reports crude has fallen below $52, and discusses what will happen to WTI if Brent breaks $50.
CNBC.com investing editor John Melloy reports on the technical indicators market pros are using to gauge how low oil could go.
John Sfakianakis, regional director for the GCC at Ashmore Investment Saudi Arabia, says Saudi Arabia will not cut oil production and the pull-back has to come from another country.