"There's been a little bit of up and down and range-bound movement, which has all the hallmarks of a market marking time," said Ben Le Brun, market analyst at Sydney's OptionsXpress. Brent crude for October delivery fell 22 cents to $50.46 a barrel as of 0357 GMT, after ending the previous session 18 cents higher. U.S. crude for October delivery, also known as West Texas...» Read More
CNBC's Bob Pisani looks at what lower oil prices do for company profits.
Alexei Kudrin, former finance minister of Russia, says the country's economy will face a "challenge" if the oil price hits $80 per barrel or below.
Gaurav Sodhi, Resources Analyst at Intelligent Investor, says the recent declines reflect the elimination of the security premium built into oil prices over the past few years.
Amid recent market volatility, the Fed could delay raising interest rates until end 2015 or early 2016, says John Derrick, Director Of Research at U.S. Global Investors.
If oil prices slip below $70 a barrel, it will be a "no fly zone" for U.S. equities, says Jim Awad, Chairman of Plimsoll Mark Capital.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A big oil build was far more than traders expected. After the headlines in Ottawa, the markets fell and crude dropped, as well.
CNBC's Jackie DeAngelis reports WTI is pretty much flat and crude oil inventories increased 7.1 million barrels.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Commodities rallied today. Oil was up on the day and nat gas rebounded after hitting an 11-month low.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks and commodities both stabilized today. WTI was down slightly, nat gas took a big hit, and gold was up a bit on the day.
Jason Schenker, president of Prestige Economics, says there are several factors which could push the oil price lower.
Patrick Legland, global head of research at Societe Generale, says the U.S. could deliberately be pushing down oil prices to hurt Russia.
Discussing how consumers will benefit from the slide in oil, with former Gulf Oil CEO Joe Petrowski. The average consumer should save 12,000 over the next 12 months on heating, lighting and gasoline, Petrowski says.
CNBC's Jackie DeAngelis reports crude oil has bounced back over $82 a barrel.
Discussing the move in oil, with Jack Bouroudjian, Index Financial Partners; Kenny Polcari, O'Neil Securities; and Bob Iaccino, Tethy's Partners.
Seth Kleinman, global head of energy strategy at Citi, says the U.S. shale boom is driving the bearish sentiment in the oil market.
Neil Atkinson, head of analysis at Lloyd's List Intelligence, says OPEC is likely to cut oil production but won't place individual country quotas.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was under $80 before the EIA report, but rallied afterward.
The U.S. stock market keeps falling. And when it comes to oil, there's no consensus on where it will go next.
CNBC's Bob Pisani and Jackie DeAngelis cover today's action in stocks and the crude trade. CNBC's Dominic Chu looks at the Russell 2000 and where investor sentiment is starting to shift.
Does oil go lower or higher from here? Jim Iuorio, TJM Institutional Services, and CNBC's Larry Kudlow provide insight on oil and fracking.