*OPEC oil production up 140,000 bpd in July- Reuters survey. LONDON, July 31- Oil prices steadied on Friday as a sharp fall in the dollar balanced evidence of growing oversupply, with core OPEC producers pumping near record levels. Brent crude oil was down 25 cents at $53.06 a barrel by 1350 GMT.» Read More
CNBC's Jackie DeAngelis reports crude prices continue to decline.
Michael Gallagher, director of research at IDEAglobal, says concern over the "mediocre" global economy and the end of quantitative easing by the Federal Reserve could see the S&P 500 correct further.
Malcolm Wood, Head of Investment Strategy at Morgan Stanley Wealth Management, analyzes the overnight movements in oil and gold prices.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile day with energy futures. WTI was down slightly on the day, after falling below 80 for the first time since June 2012. Gold was up about $10 on the day.
Chris Faulkner, Breitling Energy president & CEO, and Stephen Schork, The Schork Report, provide insight to the state of oil amid volatile market conditions.
Ole Hansen, Head of Commodity Strategy at Saxo Bank, outlines the factors that could limit declines in oil prices in the near term.
Azlin Ahmad, Editor for Crude Oil at Argus Media, describes the demand and supply issues that are weighing on oil prices.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead onto where oil prices are likely headed. Oil continued its downward dive, hovering around $83. A severe decrease in demand is one of the reasons why oil is dropping so much.
Discussing what's behind the decline in oil, with Andy Lipow, Lipow Oil Associates. Lipow expects WTI to fall below $80 a barrel.
Discussing oil consumption and how much oil & gas produces actually need to charge to be profitable, with Skip Aylesworth, Hennessy Funds.
CNBC's Jackie DeAngelis reports WTI is down more than 3 percent today and the IEA has revised its forecast for oil down by 300,000 a day.
CNBC's Jackie DeAngelis reports WTI and Brent crude continue their decline, both off at least 2 percent.
I don't think it can go below $80, says Carl Larry, Oil Outlooks and Opinions, sharing his thoughts on OPEC's high stakes game of chicken with oil prices.
Oil prices should stay at their currently low levels, or drop further, due to a "perfect storm" of risk factors.
Are central bankers worried about deflation? CNBC's Steve Liesman examines inflation and deflation targets and trends and how they play into monetary policy in England.
Saudi Arabia is telling oil market participants that it's fine with lower oil prices for an extended period.
CNBC's Jackie DeAngelis reports oil continues to fall as Middle Eastern producers say they are comfortable with prices where they are and are letting prices slide.
The price of crude oil is down more than 20 percent from its high this year. Breaking down the moves in oil is Matt Smith, Schneider Electric.
Digging into the fundamentals of the oil market, and the state of production, with Dan Dicker, TheStreet.com senior contributor.
Bank of Japan Governor Haruhiko Kuroda, says a lower oil price will benefit Asia's economy.