LONDON, Aug 1- Brent crude oil fell to a two-week low on Friday, slipping towards $105 a barrel as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine. Worries over geopolitical risks to oil supply have eased despite escalating violence in parts of the Middle East and North Africa.» Read More
NEW YORK, July 31- U.S. crude oil futures plunged by nearly $2 and Brent crude oil futures fell by more than $1 per barrel on news that the 115,000- barrel-per-day Coffeyville, Kansas, refinery could be down for four weeks following a July 29 fire.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Energy prices were down across the board, while gold was down as well.
NEW YORK, July 30- Oil prices tumbled on Wednesday, with Brent leading the decline weakened by excess supplies in Europe and Asia and U.S. crude followed suit despite a larger-than-expected drop in nationwide stockpiles.
BRENT CRUDE OIL FUTURES EXTEND LOSSES TO MORE THAN $1, HIT SESSION LOW OF $106.40.
CNBC's Jackie DeAngelis reports crude oil inventories draw to 3.7 million barrels, not in line with seasonal norms.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Nervousness over economic data helped drive oil prices lower. Geopolitics has not been a factor. Nat gas was up slightly on the day. And gold was slightly lower, as well.
BRENT CRUDE OIL FUTURES TURN POSITIVE AFTER NEWS OF PRELIMINARY DEAL TO IMPOSE ECONOMIC SANCTIONS ON RUSSIA OVER UKRAINE CRISIS.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Energy was lower on both sides of the Atlantic, nat gas was down again today, as temps remained mild across the country. And gold was flat on the day.
CNBC's Jackie DeAngelis reports oil prices are losing ground and gasoline futures are down about 8 percent in the last month, the biggest drop this year.
BRENT CRUDE OIL FUTURES FALL OVER $1 PER BARREL ON FORECASTS FOR WEAK DEMAND AND EXCESS SUPPLIES.
NEW YORK, July 25- Brent crude oil prices shot more than $1 higher at mid-morning on Friday while U.S. oil erased early losses, with traders linking the gains to talk that further Western sanctions on Russia could hit oil exports.
BRENT CRUDE EXTENDS GAINS TO MORE THAN $1, TRADERS CITE CONCERNS OVER FURTHER SANCTIONS ON RUSSIA.
BRENT CRUDE OIL PRICES JUMP, U.S.
LONDON, July 25- Oil fell below $107 a barrel on Friday as plentiful supply outweighed concerns over conflicts in the Middle East and Ukraine. Brent crude for September delivery traded 18 cents lower at $106.89 a barrel by 1400 GMT.
Oil prices had slipped Thursday after spiking earlier in the week on lower U.S. inventories and tensions in Ukraine and the Middle East. Benchmark U.S. crude for September delivery rose 2 cents to $102.09 a barrel on the New York Mercantile Exchange.
*U.S. crude for September delivery was down 6 cents at $102.01 a barrel by 0024 GMT, after settling $1.05 lower. *The European Union would target state-owned Russian banks vital to financing Moscow's faltering economy in the most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Mixed bag in the commodities markets today. Oil was down on the day, even though geopolitics is likely to keep it high.
BRENT CRUDE OIL FUTURES FALL OVER $1 PER BARREL ON WEAK DEMAND FROM EUROPEAN REFINERS.
CNBC's Jackie DeAngelis reports natural gas inventories rise 90 billion cubic feet, double this time last year.
LONDON, July 24- Brent crude dipped below $108 a barrel on Thursday as unseasonably weak demand from European refiners and plentiful supplies offset strong Chinese factory data. Brent for September delivery was down 31 cents at $107.72 a barrel by 0909 GMT, after closing 70 cents higher on Wednesday.