PERTH, May 21- U.S. crude futures eased to about $96.50 a barrel in early trading in Asia on Tuesday as ample supplies weighed on prices, despite support from equity markets. *U.S. oil fell 14 cents to $96.57 a barrel by 0023 GMT, after ending 69 cents higher in the previous session. *Brent rose 5 cents to $104.85 a barrel.» Read More
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
NEW YORK, May 14- Brent crude oil prices fell on Tuesday after a global energy watchdog described world supplies as "comfortable" and analysts forecast a continued build in the U.S. crude inventory, while gasoline rose 1 percent on expected inventory draws ahead of the summer driving season.
Gary Clark, analyst at Roubini Global Economics, expects near-term fundamental weakness in crude oil pricing but sees spreads widening come summer as demand picks up.
Victor Shum, VP of IHS Energy Insight gives his advice on how to play the oil market in the coming year.
SINGAPORE, May 14- U.S. crude futures held steady above $95 a barrel in early Asian trade on Tuesday as strong U.S. retail sales revived demand growth hopes, while concerns of an increase in stockpiles in the world's largest oil consumer kept the gains in check. U.S. oil gained 7 cents to $95.24 a barrel by 0006 GMT, after falling the most in nearly two weeks.
*Brent oil loses 1 pct on lighter U.S./ China demand. NEW YORK, May 13- Oil prices dropped their most in two weeks on Monday on data pointing to lighter U.S. and China energy demand, and gold slipped too as stronger U.S. retail sales boosted risk appetite among some investors that dulled the metal's safe-haven lure.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was lower on the day, while gold dipped and came back later in the day.
The dollar's recent strength looked unlikely to wane after Tokyo escaped direct criticism of its aggressive monetary easing programme at the Group of Seven meeting over the weekend. As it hit a 4-1/ 2 year high of 102.14 yen and climbed to $1.29 to the euro, Brent oil prices slipped to $103.16 a barrel.
*OPEC boosts 2013 oil demand forecast. NEW YORK/ LONDON, May 10- Crude futures on both sides of the Atlantic lost ground on Friday as rising fuel supplies and a stronger dollar put oil under pressure. By 12:39 p.m. EDT, Brent futures were $1.81 lower at $102.66 a barrel, after falling as to a low of $101.56.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders appear more enamored with stocks than commodities, she says. Record crude supplies are pressuring prices downward. And gold is still under pressure.
CNBC's Sharon Epperson has the latest numbers on natural gas supplies, as prices hit a one-month low of $3.88.
NEW YORK, May 9- Brent crude prices fell Thursday for the third straight day as tensions in the Middle East faded, leaving rising global fuel supplies and faltering demand to weigh on prices. Brent crude for June fell 37 cents to $103.97 per barrel by 11:47 a.m. EDT.
*Copper ends up 2 pct after bullish China trade data. NEW YORK, May 8- Copper prices rose but most commodities were lukewarm on Wednesday despite strong trade data from major consumer China, underscoring comments by hedge fund legend Stanley Druckenmiller that the decade-long super rally in raw materials was over.
NEW YORK May 8- The spread between Brent and U.S. crude oil futures narrowed sharply in the last half hour of trade on Wednesday fueled by expectations for increased capacity to funnel rising U.S. crude oil production out of benchmark-supply-point Cushing.
CNBC's Courtney Reagan discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
NEW YORK, May 8- Brent crude futures turned lower, while U.S. crude initially held most gains on Wednesday, in choppy trading after the Energy Information Administration's weekly report showed crude inventories rose last week, though less than expected in a Reuters survey of analysts.
TOKYO, May 8- U.S. crude futures extended declines toward $95 a barrel on Wednesday, as the market awaited the release of Chinese trade data later in the day, which is expected to show crude oil imports in April hovered around March levels. *NYMEX crude for June delivery was down 21 cents at $95.41 a barrel by 2346 GMT, after settling down 54 cents at $95.62 on Tuesday.
TOKYO, May 8- U.S. crude futures extended declines toward $95 a barrel on Wednesday, as the market awaited the release of Chinese trade data later in the day, which is expected to show crude oil imports in April hovered around March levels. was down 21 cents at $95.41 a barrel by 2346 GMT, after settling down 54 cents at $95.62 on Tuesday.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Tomorrow, traders will be watching U.S. oil inventories as well as China trade data.
LONDON, May 7- The Australian, Canadian and New Zealand dollars may be set for a decline, dragged down by a slowdown in China and a sharp fall in commodity prices. The Australian and New Zealand dollars are up 70 percent against the U.S. dollar since late 2008, driven up by near-zero rates in many developed countries.