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.» Read More
CNBC's Jackie DeAngelis reports a natural gas inventory draw down to 74 billion cubic feet, which was in line with expectations.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was down again today, nat gas saw a bit of a pop on a technically-driven trade, while gold was up nearly $11.
LONDON, April 2- Brent oil fell more than $1 to a near five-month low near $104 a barrel on Wednesday with expectations that rebel-held Libyan ports would reopen within days outweighing an unexpected drop in U.S. crude inventories. Brent crude oil was down $1.35 to $104.28 a barrel by 1537 GMT after reaching its lowest since Nov. 8.
CNBC's Jackie DeAngelis reports crude oil inventories unexpectedly declined 2.4 million barrels.
LONDON, April 2- Brent oil fell $1 to a near five-month low below $105 a barrel on Wednesday on poor manufacturing data from China and Europe, while investors awaited U.S. inventory data to help assess demand in the world's top oil consumer. Brent crude oil was down $1.14 to $104.48 a barrel by 1222 GMT, its lowest since Nov. 8.
*Weak China, Europe factory data weighs. Crude prices on both sides of the Atlantic tumbled nearly 2 percent on Tuesday after Libyan rebels said they would re-open vital oil ports within days, while poor manufacturing data from China and Europe weighed on the outlook for fuel demand.
Poor manufacturing data from China and Europe dampened the demand outlook on Tuesday and caused oil prices to tumble, with Brent hitting its lowest in nearly five months. *U.S. crude for May delivery edged down 10 cents to $99.64 a barrel by 0002 GMT after dropping 1.8 percent on Tuesday to its lowest settlement since March 26.
*Coming up: API weekly oil stocks data at 4:30 p.m. EDT. NEW YORK, April 1- Brent crude oil futures fell to their lowest settlement in nearly five months on Tuesday as poor manufacturing data from China and Europe weighed, and U.S. oil futures fell in anticipation of another build in domestic supplies.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down on the day, as traders took some profits. Nat gas was also down and could drop to $4. And gold was down a dollar.
NEW YORK, April 1- Crude oil futures fell more than $1 per barrel on Tuesday, with U.S. oil futures pressured by expectations for a build in domestic inventories, and Brent by lackluster manufacturing data in China and Europe.
NEW YORK, April 1- Crude oil futures tumbled more than $1 on Tuesday, with U.S. crude pressured by expectations for a build in domestic stocks, and Brent by lackluster manufacturing data in China and Europe.
BRENT CRUDE OIL FUTURES FALL MORE THAN $1 PER BARREL ON DISAPPOINTING CHINA, EUROZONE ECONOMIC DATA.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
*Russia says battalion withdrawing from near Ukraine border. NEW YORK, March 31- Crude futures dipped in volatile end-of-quarter trading on Monday, pressured by news Russia was withdrawing some troops on the Ukrainian border and concerns about the struggling U.S. labor market voiced by Federal Reserve Chair Janet Yellen.
NEW YORK, March 31- Crude futures were mixed in volatile end-of-quarter trading on Monday, after turning lower on news Russia was withdrawing some troops on the Ukrainian border and concerns about the struggling U.S. labor market voiced by Federal Reserve Chair Janet Yellen.
SINGAPORE, March 31- U.S. crude traded near a three-week high above $101 a barrel on Monday, buoyed by simmering tensions between Russia and the West and disruptions to African oil supplies. *U.S. crude for May delivery edged down 22 cents to $101.45 a barrel by 0004 GMT after settling on Friday at the highest since March 7.
NEW YORK, March 28- Brent crude oil rose for a fourth straight session on Friday, notching its first weekly gain since February, on promising U.S. economic data and concern that possible Western sanctions on Russia's energy sector could disrupt global supplies.
Oil is down about 3 percent year-to-date, but how should investors digest its volatility? Jeff Kilburg, KKM Financial founder & CEO, and Anthony Grisanti, GRZ Energy president, provide perspective.