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  • NYMEX-Crude steady; U.S. inventories seen up again Monday, 20 Apr 2015 | 8:17 PM ET

    TOKYO, April 21- U.S. crude futures held steady on Monday as a drop in stockpiles at a key U.S. delivery point offset near record high production in Saudi Arabia and an expected build in U.S. oil inventories. *NYMEX crude for May delivery, which expires later in the day, was down 4 cents at $56.34 a barrel by 0000 GMT, after settling up 64 cents at $56.38 on Monday.

  • NEW YORK, April 20- Oil prices ended in positive territory on Monday after a drop in stockpiles at the delivery point for U.S. crude in the second half of last week outweighed pressure from near record high production in Saudi Arabia. Tensions after the dispatch of U.S. Navy ships to waters near Yemen and an alert issued by Saudi Arabia for a possible militant attack...

  • Euro slips against dollar on Greece default worries. NEW YORK, April 20- Equity markets snapped back on Monday after China took steps to stimulate its economy, while the euro weakened amid worries about Greece and oil rose on Middle East tension. The dollar rose as the euro slid against the greenback amid gathering concerns Greece could default on its debt or...

  • NEW YORK, April 20- Oil prices rose on Monday after a drop in stockpiles at the delivery point for U.S. crude in the second half of last week outweighed pressure from near record high production in Saudi Arabia. Brent, the more widely-referenced benchmark, was up 40 cents at $63.85 a barrel by 1:12 p.m. EDT, after falling more than $1 earlier. "The market was bouncing...

  • Tensions in the Middle East and a drop last week in the number of rigs drilling for oil in the United States also put a floor beneath U.K. North Sea Brent and U.S. crude futures, traders said. Brent, the more widely-referenced benchmark, was up 10 cents at $63.55 a barrel by 11:53 a.m. EDT, after falling more than $1 earlier. "The market was bouncing around looking for...

  • NEW YORK— A group made up of Wal-Mart workers is asking labor regulators to go to court to force the discounter to rehire all 2,200 employees affected by the abrupt temporary closing of five stores a week ago. Wal-Mart says it closed the stores to fix plumbing issues. "This is a new low, even for Wal-Mart," Venanzi Luna, an eight-year Wal-Mart worker and member of OUR...

  • Orchids Paper posts 1Q profit Monday, 20 Apr 2015 | 7:03 AM ET

    PRYOR, Okla. _ Orchids Paper Products Co. on Monday reported first-quarter profit of $1.2 million. On a per-share basis, the Pryor, Oklahoma- based company said it had profit of 14 cents. Keywords: Orchids Paper Products, Earnings Report.

  • AUSTIN, Texas— Blue Bell Creameries will survive the crisis caused by a recent recall of products prompted by a finding of bacterial contamination in some of its products, but it will take a lot of work and a lot of money, experts said. The U.S. Centers for Disease Control and Prevention reported earlier this month that three people in Texas had the same strain of...

  • BancFirst beats Street 1Q forecasts Thursday, 16 Apr 2015 | 4:31 PM ET

    OKLAHOMA CITY _ BancFirst Corp. on Thursday reported first-quarter net income of $16.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share. BancFirst shares have declined 4 percent since the beginning of the year.

  • SINGAPORE, April 15- U.S. crude futures climbed towards $54 a barrel in early Asian trade on Wednesday, buoyed by a smaller than expected build in U.S. crude inventories, Middle East tensions and a weaker dollar. *U.S. crude for May delivery rose 15 cents to $53.44 as of 0003 GMT after settling $1.38 higher in the previous session to surge above its 100- day moving...

  • LONDON, April 13- Professional commodity traders watch spreads rather than spot prices as the best indicator of the balance between supply and demand. The contango was particularly pronounced in futures contracts linked to WTI because the rise in stocks has been concentrated in the United States, especially around the contract's delivery point at Cushing,...

  • Storm brings tornadoes, giant-sized hail to US Thursday, 9 Apr 2015 | 7:51 AM ET
    A Tornado is seen in Keystone Lake, Oklahoma, on March 25, 2015.

    A storm peppered a 1,500-mile arc with 10 reported tornadoes, hail and winds of up to 80 mph Wednesday, NBC News reported.

  • Brent May crude fell $3.55, or 6 percent, to settle at $55.55 a barrel. May crude fell $3.56, or 6.6 percent, to settle at $50.42 after closing at nearly $54 a barrel on Tuesday, the highest close since Dec. 30. The U.S. data were "very bearish," said John Kilduff, partner at Again Capital LLC in New York.

  • Tornado alert: 30 million brace for fierce storm Wednesday, 8 Apr 2015 | 2:54 PM ET
    A Tornado is seen in Keystone Lake, Oklahoma, on March 25, 2015.

    Around 30 million Americans were under threat from a storm promising hail, high winds and a chance of tornadoes, NBC News reports.

  • NEW YORK, April 8- Oil futures fell sharply on Wednesday after government data showed the largest weekly increase in U.S. crude inventories since 2001 and a day after Saudi Arabia reported record production in March. "The report is very bearish with the large crude oil inventory build and the somewhat surprising rise in gasoline inventories," said John Kilduff,...

  • May crude was down $2.40, or 4.5 percent, at $51.58 a barrel at 11:20 a.m. EDT, having fallen as low as $51.38. Brent May crude was down $2.01, or about 3.5 percent, at $57.09, having slumped as low as $56.90. "They are the most bearish numbers I've seen in quite some time, very surprising, even to a bear like me," said Tariq Zahir, managing member at Tyche Capital Advisors in...

  • Volatile oil, a dovish Fed, and start of earnings Wednesday, 8 Apr 2015 | 5:57 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Markets expect to hear from a dovish Fed Wednesday, while a bubbling up of oil prices makes weekly U.S. inventory data a bigger than normal focus.

  • Traders work on the floor of the New York Stock Exchange.

    Markets expect to hear from a dovish Fed Wednesday, while a bubbling up of oil prices makes weekly U.S. inventory data a bigger than normal focus.

  • U.S. job openings surged to a 14- year high in February the Labor Department said in its monthly Job Openings and Labor Turnover Survey, lifting oil prices. "That JOLTS report was certainly quite strong and strong employment equals strong gasoline demand," said John Kilduff, partner at Again Capital LLC in New York. May crude was up $1.65 at $53.79 a barrel at...

  • "That JOLTS report was certainly quite strong and strong employment equals strong gasoline demand," said John Kilduff, partner at Again Capital LLC in New York. May crude was up $1.11 at $53.25 a barrel at 12:10 p.m. EDT, having traded from $51.17 to $53.46. Brent May crude was up 48 cents at $58.60, having swung from $57.02 to $59.09.