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
Jason Gammel, equities analyst at Jefferies, says if OPEC doesn't cut production, the oil price would fall further.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil is in a wait-and-see pattern, as traders look ahead to next week's OPEC meeting. Traders expect it to stay around $75.
As natural gas inventories fall, Pavel Molchanov, Raymond James, provides his outlook on natural gas prices and futures.
James Paulsen, Wells Capital Management chief investment strategist, provides his outlook for the U.S. rally and gives three reasons why the market is heading for some turbulence.
CNBC's Jackie DeAngelis reports the latest natural gas inventories data.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI was down again, and stayed under $75 after a 2.4 million barrel build. Nat gas popped due to the cold weather.
CNBC's Jackie DeAngelis reports crude oil inventories build 2.61 million barrels and gasoline inventories rise 1.03 million barrels.
Jason Feer, Head of Business Intelligence at Poten & Partners, discusses the significance of the Keystone XL pipeline following the rejection of the bill by the U.S. Senate on Tuesday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down again, and closed under $75. Traders say there could be more pressure from here. Nat gas was down on the day.
CNBC's Jackie DeAngelis takes a look at how this evening's vote on the Keystone XL pipeline could impact oil prices and production.
Abhishek Deshpande, oil and gas analyst at Natixis, says the geopolitical risks threatening oil supply have been removed from the market.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The global supply glut concerns continue, as WTI and Brent were both down on the day. Nat gas popped 7 percent as cold weather hit the midwest.
Discussing which retail sectors stand to benefit from cheap gas, with Chris Christopher, IHS Global Insight economist.
Discussing the real impact of lower oil prices, with Sal Catrini, SunTrust Robinson Humphrey; Mark Lehmann, JMP Securities; Steve Parker, JPMorgan Private Bank; and Christine Short, Estimize.
Oil price is lower, so do the oil services stocks have further to fall? Brandon Dobell, William Blair analyst, says consolidation will continue in energy, and shares his top picks.
CNBC's Jackie DeAngelis reports nothing has changed regarding the fundamental picture for oil, and the moves are related to technical buying.
CNBC's Jackie DeAngelis reports weekly natural gas inventories climbed 40 billion cubic feet.
CNBC's Jackie DeAngelis takes a close look at the potential energy deal between Baker Hughes and Halliburton, and discusses the obstacles the companies will likely face.
Frank Holmes, CEO & CIO at U.S. Global Investors, explains how declining energy prices could provide financial relief for American consumers and retailers such as Wal-Mart.
Jonathan Barratt, Chief Investment Officer of Ayers Alliance Securities, outlines the factors that could continue to contribute to a lull in oil prices moving forward.