*Drawdown due to lost Canada output, strong economy- analyst. A series of outages around the world, such as wildfires in Canada and a spate of violence in Nigeria's oil-producing region, has helped cut global oil supply by nearly 4 million barrels per day this month. Brent crude futures were up 58 cents at $49.19 a barrel by 0849 GMT, while U.S. crude futures rose 56... » Read More
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.
Saeed Laylaz, economist and former advisor to ex-Iranian President Mohammad Khatami, dismisses the idea that Saudi Arabia is purposely damaging the oil market to hurt the Iranian economy as it would do more damage to itself.
Martin Lakos, Division Director at Macquarie Private Wealth, says oil prices can stage a "significant rally at some stage this year" and explains why he remains in favor of U.S. and Chinese markets.
Bhaskar Laxminaryan, Asia CIO at Pictet Wealth Management, explains why he wouldn't short oil at this stage, but warns investors from being "extremely overweight" on energy stocks.
John Licata, Founder and Chief Energy strategist at Blue Phoenix, discusses the possibility of Saudi Arabia, the world's biggest oil exporter, taking action to arrest the collapse of oil markets.
David Joy, Chief Market Strategist at Ameriprise Financial, explains why "2015 will be a decent year for equity returns" despite declining oil prices and political uncertainty in Greece.