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Brent Crude Commodity Market Trades, Charts

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  • *But high U.S., Middle East production maintains supply glut. *Asian economies benefit from cheap oil- ABN Amro. "Brent crude prices attempting to rally on rapid week-on-week reduction in U.S.... rig count," Morgan Stanley said on in a note on Tuesday.

  • *High U.S. and Middle East production maintains supply glut. SINGAPORE, March 3- Brent crude oil prices steadied above $60 a barrel in early Asian trading on Tuesday, supported by traders entering the market after prices dropped sharply in the previous session on the back of record U.S. stocks. "Brent crude prices attempting to rally on rapid week-on-week...

  • SINGAPORE, March 3- U.S. crude held above $49 a barrel on Tuesday on expectations of a smaller build in stockpiles at Cushing, the delivery point for the contract, despite forecasts pointing to a new record high in the nation's inventories. *U.S. crude futures edged up 24 cents to $49.83 a barrel by 2350 GMT, after falling 17 cents in the previous session.

  • Commodities tomorrow: Possible Iranian nuke deal?  Monday, 2 Mar 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed down on the day, in part because the Iranian foreign minister talked about a possible nuclear deal.

  • UPDATE 1-Bets on oil rally highest since July -ICE Monday, 2 Mar 2015 | 8:29 AM ET

    LONDON, March 2- Hedge funds and large speculators increased their bets on rising Brent crude oil prices last week to their highest for more than seven months, exchange data showed on Monday. Speculators increased their net long positions in Brent futures and options by 11,371 contracts to 182,783 in the week to Feb. 24, InterContinentalExchange data shows.

  • SINGAPORE, March 2- Oil dropped more than 1 percent on Monday, with Brent slipping below $62 a barrel, depressed by a stronger dollar and a rise in Libya's crude output. "The U.S. dollar strength and euro weakness tend to offset any positive reaction that we're supposed to see in oil prices," said Ric Spooner, chief analyst at CMC Markets in Sydney. Brent crude hit a low of...

  • MOSCOW, March 2- The Russian rouble weakened at opening on Monday, hurt by a decline in oil prices and the murder on Friday of prominent Kremlin critic Boris Nemtsov. Oil, Russia's chief export, fell about 1 percent on Monday on supply concerns, with becnhmark Brent at $61.9 per barrel, after the first monthly rise since June. "The murder of the famous oppositionist...

  • Dubai to benefit from cheaper oil: CEO  Monday, 2 Mar 2015 | 1:30 AM ET

    Alex Thursby, CEO of The National Bank of Abu Dhabi, tells CNBC at the Global Financial Markets Forum that Dubai will win from cheaper oil.

  • Property projects not delayed by oil prices: CEO  Monday, 2 Mar 2015 | 1:10 AM ET

    CNBC spoke to Mohamed Al Mubarak, CEO of Aldar Properties, who said projects would not be delayed as a result of falling oil prices.

  • SINGAPORE, March 2- U.S. crude futures fell towards $49 a barrel on Monday after rising more than $1 in the previous session to close February with the first monthly gain since June last year. Economic data from manufacturing activity in China to jobs in the United States will dominate investors' radar this week. *U.S. crude futures dropped 41 cents to $49.35 a barrel...

  • *Baker Hughes data shows pace of rig count drop slows. Both Brent and U.S. futures briefly pared gains after data from oil services company Baker Hughes showed its U.S. oil drilling rig count fell only 33 to 986 this week, after rigs were only down 37 in the previous week. Brent April crude was up $1.27 at $61.32 a barrel at 1:28 p.m. EST, on pace to post a 15 percent...

  • Brent April crude was up $1.51 at $61.56 a barrel at 11:54 a.m. EST, on pace to post a 16 percent monthly gain, the first monthly rise since June. April crude was up 75 cents at $48.92 a barrel, needing a finish above $48.24 to post a February gain. Oil has been supported by signs that lower prices are starting to reduce investment in production in non- OPEC countries and...

  • Stable oil could boost FTSE further: Pro  Friday, 27 Feb 2015 | 11:30 AM ET

    Guy Ellison, Investec's head of UK equities, says the FTSE could extend record levels if the oil price stabilizes.

  • *China's implied oil demand set to grow 3 percent this year. *Statoil shuts Statfjord C platform in North Sea. At 1453 GMT, Brent crude futures were up $1.26 at $61.32 a barrel, off an earlier high of $61.75.

  • POLL-Oil market may have bottomed out - Reuters poll Friday, 27 Feb 2015 | 6:00 AM ET

    *Brent seen averaging $59 a barrel, U.S. crude $54.50 in 2015. But the market ought to see sustained rallies later this year, bringing North Sea Brent crude futures to an average of $59 a barrel in 2015 and to $71.80 in 2016.. Brent crashed from a high above $115 a barrel last June to almost $45 last month and has since regained ground to trade at or slightly above $60 this...

  • GRAPHIC: Brent-WTI spread: http://link.reuters.com/tes24w SINGAPORE, Feb 27- U.S. shale oil is deepening the discount of U.S. crude prices to global benchmarks, with the price gap turning into the de facto indicator of the health of American shale supply, a shale spread of sorts. The surging U.S. production and inventories point to an "oversupplied market which is...

  • *China's implied oil demand set to grow 3 percent this year. *Statoil shuts Statfjord C platform in North Sea. At 0955 GMT, Brent crude futures were up $1.50 at $61.54 a barrel, while U.S. crude was up $1.23 at $49.40 a barrel.

  • FTSE 100 highs 'not backed by earnings'  Friday, 27 Feb 2015 | 4:00 AM ET

    Henry Dixon , fund manager at GLG, tells CNBC he's a little nervous about the FTSE 100 hitting record highs.

  • *Statoil shuts Statfjord C platform in North Sea. SINGAPORE, Feb 27- Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in the North Sea and renewed fears of gas supply disruption in Europe supported prices. Norwegian energy firm Statoil has shut its Statfjord C platform in the North Sea after...

  • Brent approaches $61, set to end 7-month losing streak Thursday, 26 Feb 2015 | 9:24 PM ET

    *Statoil shuts Statfjord C platform in North Sea. SINGAPORE, Feb 27- Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in North Sea and renewed fears of gas supply disruption in Europe supported prices. Norwegian energy firm Statoil has shut its Statfjord C platform in the North Sea after...