TOKYO, April 2- U.S. crude futures pared a 5 percent jump in the previous session in early Asian trade on Thursday, amid speculation that ongoing talks over Iran's nuclear program could reach a deal and add more crude to a global oil glut. *In Switzerland, Iran and six world powers were closer to a preliminary accord on Tehran's nuclear program as marathon talks were...» Read More
CNBC's Jackie DeAngelis tracks crude prices as oil comes to a close.
CNBC's Steve Liesman looks at the global impact of the crude collapse as CNBC's Kate Kelly takes on how to play energy in Q2.
BRENT CRUDE HITS SESSION HIGHS AFTER WHITE HOUSE, GERMAN FOREIGN MINISTER COMMENTS ON IRAN NUCLEAR TALKS.
*Oil rallies as talks on Iran continue. NEW YORK, April 1- U.S. stocks fell for a second day and the dollar dipped after a weaker-than-expected report on private sector employment spurred investor concerns that a highly anticipated monthly U.S. jobs report on Friday could also point to slowing economic growth. However, oil futures rallied as talks over Iran's...
CNBC's Jackie DeAngelis reports the latest on crude oil inventories.
LONDON, April 1- Brent crude oil futures reversed early losses to rally to $55.50 barrel as talks over Iran's nuclear program continued, curbing expectations of an immediate deal that would allow Iranian crude onto the market. Talks between Iran and six world powers in the Swiss city of Lausanne to settle a dispute around Tehran's nuclear program extended past...
LONDON, April 1- Brent crude oil futures slipped below $55 a barrel on Wednesday on speculation that a last-minute deal over Iran's nuclear program would be reached, opening the way for more Iranian crude to come into world markets. Talks between Iran and six world powers to settle a dispute around Tehran's nuclear program extended beyond a Tuesday deadline.
*Iran nuclear talks extend beyond Tuesday deadline. SINGAPORE, April 1- Oil futures edged lower on Wednesday amid speculation that a last-minute deal over Iran's nuclear programme would be reached that could allow more Iranian crude into world markets. Talks between Iran and six world powers to settle a dispute around Tehran's nuclear programme extended...
TOKYO, April 1- U.S. crude futures edged up on Wednesday, following a more than 7 percent decline over the past three days, as Iran and world powers negotiated beyond a Tuesday deadline, raising uncertainty over a nuclear deal that could add to a global crude glut. *NYMEX crude for May delivery was up 9 cents at $47.69 a barrel by 2257 GMT, after settling down $1.08 at...
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down for the third straight day, due to dollar strength, an increase in OPEC output, and the possibility of a nuclear deal with Iran.
BRENT CRUDE OIL SETTLES DOWN $1.18, OR 2.1 PERCENT, AT $55.11 A BARREL.
The Futures Now team discuss whether oil prices are likely headed lower.
TOKYO, March 31- U.S. crude futures extended declines to a third day on Tuesday to hold below $49 a barrel, under pressure ahead of industry data due out later that is likely to show another solid build in U.S. commercial crude inventories. *NYMEX crude for May delivery was down 8 cents at $48.60 a barrel by 0034 GMT. *It settled down 19 cents at $48.68 on Monday as Iran and...
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Traders focus on Iran, but headlines from the State Department drove crude higher by the end of the day.
BRENT CRUDE OIL SETTLES DOWN 12 CENTS, OR 0.2 PERCENT, AT $56.29 A BARREL.
CNBC's Jackie DeAngelis tracks oil movement as Yemen oil fears ease.
Fadel Gheit, Oppenheimer and Co., discusses what it will take to get the oil markets back on track as prices fall.
LONDON, March 30- Hedge funds increased their bets on rising Brent crude oil prices last week to their highest since July 2014, exchange data showed on Monday, in a sign large speculators are positioning for a possible rebound. Money manager net longs in Brent hit an all-time peak of 242,201 in the week to June 24 last year- just before oil prices started their...
*Brent to average $59.20, U.S. crude $53.60 in 2015. The survey of 34 analysts predicted North Sea Brent crude would average $59.20 a barrel in 2015, up from around $55 so far this year. Brent is expected to rise to $72.10 in 2016 and $78.70 in 2017, the poll showed.