CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Downward pressure on stocks drove down oil prices today. Nat gas was up slightly on the day, albeit in a tight range. And gold was up slightly on the day, closing at $1,284.60.» Read More
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude oil prices were under pressure; traders are eying tomorrow's Department of Energy report; natural gas got a small bump up, closing at $4.74, and traders are looking for a catalyst to get back on the long side of gold.
*Ukraine crisis lends some support to Brent. NEW YORK, April 22- U.S. crude futures fell on Tuesday ahead of data expected to show that inventories in the world's top oil-consuming nation have risen close to record highs.
The price of oil slipped closer to $104 a barrel Monday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine. By early afternoon in Europe, U.S. crude for May delivery was down 42 cents to $103.95 in electronic trading on the New York Mercantile Exchange.
*Ukraine peace deal falters as rebels dig in. LONDON, April 22- Brent oil futures slipped below $110 a barrel on Tuesday but held near a six-week high as a pact to calm tensions in Ukraine faltered, while rising U.S. crude stockpiles weighed on prices. A four-way peace deal signed last week in Geneva to reduce tensions in eastern Ukraine has had limited impact so far.
*Eyes on Ukraine peace deal, further sanctions on Russia. NEW YORK, April 21- Brent crude oil strengthened slightly while U.S. crude futures were briefly supported by positive economic data on Monday but prices were range-bound in low volumes following Easter Sunday with no significant escalation in tensions over Ukraine.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed higher at the end of the day, after an up-and-down session. Ukraine is still key. Nat gas was down on the day, but still above the key $4.50 technical level. And gold was down below $1,300 on the day.
*Ukraine peace deal falters, with no rebel surrender. LONDON, April 21- Oil strengthened slightly on Monday, with U.S. crude futures supported by positive economic data, but oil prices were still below highs reached on Thursday as traders saw little new to augment their worries over tensions in Ukraine.
CNBC's Jackie DeAngelis reports the State Department says it needs more time to review the environmental impact of the Keystone XL pipeline.
BEIJING— The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine. U.S. crude for May delivery was down 12 cents at $104.18 in electronic trading on the New York Mercantile Exchange after trading resumed following a three-day holiday weekend.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed up on the day, and nat gas closed up, as well, while gold was down on the day.
BRENT CRUDE OIL FUTURES TURN NEGATIVE AFTER STATEMENT SAYS ALL SIDES AGREE TO DE-ESCALATE UKRAINE TENSION.
LONDON, April 17- Brent crude steadied under $110 a barrel on Thursday, after hitting a six-week high in the previous session, as traders assessed the risk that rising tensions in Ukraine could disrupt supplies from Russia.
LONDON, April 17- Brent crude rose to nearly $110 a barrel on Thursday, trading just below a six-week high hit in the previous session, with rising tensions in Ukraine heightening concerns over Russian supplies, and robust U.S. and Chinese demand supporting prices.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up slightly on the day in spite of a 10 million barrel build. Nat gas remained over $4.50, and gold was up a bit at the close.
CNBC's Jackie DeAngelis reports crude oil inventories elevated due to geopolitical tensions.
LONDON, April 16- United Nations economists who previously called for government intervention to tame volatile swings in commodity prices say banks and hedge funds have since reduced their influence to the lowest level since 2008..
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile day for stocks, but commodities were not. Crude was down slightly, but could be ready to break out because of Ukraine. Gold closed down $27 on the day, it's worst drop for the year. And nat gas
SINGAPORE, April 15- Brent crude futures fell below $109 a barrel on Tuesday after hitting a six-week high in the previous session, as investors looked ahead to a meeting in Geneva that they hoped would bring a political resolution to the crisis in Ukraine.
SINGAPORE, April 15- Brent crude futures dropped below $109 a barrel following a surge to a six-week high in the previous session, as investors looked ahead to a meeting in Geneva that they hoped would bring a political resolution to the escalating crisis in Ukraine.
*Ukraine tensions prop up commodities like nickel, oil. TOKYO, April 15- Asian shares edged higher on Tuesday after upbeat U.S. data helped Wall Street bounce from a sharp selloff in recent days, though tensions in Ukraine tempered demand for riskier assets.