SINGAPORE, May 25- Oil futures rose on Wednesday after U.S. industry data suggested a larger-than-expected drawdown in crude inventories last week, although a stronger U.S. dollar curbed gains. U.S. crude futures had climbed 56 cents to $49.18 a barrel as of 0042 GMT after ending the previous session up 54 cents. Brent futures rose 50 cents to $49.11 a barrel, having... » Read More
Simon Quijano-Evans, head of emerging market research at Commerzbank, says the lower oil price could be here for 12 months but this will boost the European economy.
Saudi Arabia could consider cutting oil production if other non-OPEC countries did the same, former Saudi intelligence chief Prince Turki bin Faisal said, according to reports. CNBC's Hadley Gamble reports.
Tan Min Lan, APAC Regional Head of the Chief Investment Office, says further declines in oil prices will be positive for global risk assets.
Olga Yangol, Senior Emerging Markets Debt Product Specialist at HSBC Global Asset Management, says while Russia's external balance sheet remains strong, economic conditions are rapidly deteriorating.
Dan Eberhart, CEO at Canary, says there is a "battle royale" going on between OPEC and U.S. shale producers.
Doug Gordon, Senior Investment Strategist at Russell Investments, explains why investors brushed off lower oil prices in Tuesday's U.S trading session.
Karl Brauer, Senior Analyst at Kelley Blue Book, believes increased confidence in the economy and lower unemployment are boosting November auto sales.
Discussing investor concerns about banks with exposure to energy, with Jacob Zamansky of Zamansky & Associates.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down 3 percent on the day, as the stronger dollar and technicals combined to drive the price.
As oil continues its decline, Andy Lipow, Lipow Oil Associates, discusses its impact to consumers and the U.S. economy and if now is the time to buy.
Discussing today's construction spending data and oil's impact on the U.S. economy, with Jerry Castellini, CastleArk Management, and Michelle Meyer, Merrill Lynch Global Research.
The stronger dollar is putting pressure on oil prices, reports CNBC's Jackie DeAngelis.
As Russia warns of a rescission, CNBC's Jim Cramer provides his outlook for American oil producers.
Randy Potts, Winnebago CEO, discusses the big recovery in RV sales as oil prices fall.
Grover Norquist, Americans for Tax Reform, and former Gov. Ed Rendell, (D-Pa.), debate whether now is the right time to raise the Federal gas tax in order to finance the rebuilding of the nation's crumbling infrastructure.
Greg Zuckerman, WSJ special writer, and Bernard Clark, Haynes & Boone partner, discuss the fallout from crude's falling prices on smaller energy producers.
Ian Bremmer, Eurasia Group president, discusses the impact of oil's decline on Venezuela, Nigeria, and Russia.
Ian Bremmer, Eurasia Group president, discusses the impact of falling oil prices on Russia and Vladimir Putin.
Joseph Quinlan, U.S. Trust, and Sameer Samana, Wells Fargo Advisors, discuss the global implications of falling crude oil prices. It's going to be a tailwind for global growth, says Quinlan.
The rebound in the price of crude oil was a "slight correction" with Brent set to trade in a range of $65-$80, according to Amrita Sen, chief oil analyst at Energy Aspects.