Brent Crude Commodity Market Trades, Charts


  • *OPEC could cut output by 500,000 bpd at Nov meeting- delegates. With oil prices having fallen 30 percent from a mid-June peak, whispering among OPEC delegates ahead of its Nov. 27 meeting is starting to suggest it could informally cut output by around 500,000 barrels a day. "The consensus view is OPEC won't take any action, or if it does, not big enough or sufficiently...

  • SINGAPORE Nov 12- U.S. crude futures fell on Wednesday as the dollar held close to a seven-year high, but tensions in Ukraine and the Middle East helped keep prices for the commodity above $77 per barrel. *The survey was taken ahead of weekly inventory reports from industry group the American Petroleum Institute and the U.S. Department of Energy's Energy...

  • *Brent crude falls below $82 on dollar, supply. NEW YORK, Nov 11- U.S. stock prices held steady on Tuesday after the Dow and Standard& Poor's 500 hit record intraday highs for a fifth straight session, while the dollar rose against the yen on the prospect of a delay in a planned sales tax hike in Japan. Oil prices fell further on the stronger dollar and robust output from...

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was under pressure in the morning, but ended the day up slightly. The stronger dollar and supply situation continue to put pressure on oil.

  • *Libya disruptions overshadowed by U.S. supply worries. NEW YORK, Nov 11- Oil prices continued to seek a bottom on Tuesday amid worries about growing U.S. supplies, with benchmark Brent crude hitting a four-year low and nearing a test below the psychologically important $80 a barrel mark. Brent was down $1.36 cents, or 1.7 percent, to $81 a barrel by 1703 GMT, after...

  • Brent was down 70 cents, or almost 1 percent, at $81.64 a barrel by 10:20 a.m. EDT, after falling earlier to $81.23, the lowest since October 2010. U.S. oil's West Texas Intermediate crude futures slid 10 cents, or 0.1 percent, to $77.30 a barrel, after a session low at $76.42. Industry group the American Petroleum Institute was expected to report at 2130 GMT that U.S....

  • *Brent crude at four-year low below $82 a barrel. NEW YORK, Nov 11- U.S. stock prices were little changed on Tuesday, hovering near Monday's record closes, while the dollar rose as investors weighed the prospect of further stimulus to aid the recovery of the global economy. "We have equity demand driven by the perception of improving economics and companies' earnings...

  • Pressure on commodities     Tuesday, 11 Nov 2014 | 9:44 AM ET

    As equities rise, CNBC's Jackie DeAngelis reports oil continues to slide and gold stabilizes but could see more of a decline.

  • LONDON, Nov 11- European stocks rose on Tuesday, with investors in bullish mood after Wall Street notched up a fourth straight record close and Tokyo's Nikkei hit a seven-year high on talk that a Japanese sales tax increase may be delayed. Oil prices fell further, with Brent crude dropping to a four-year low below $82 a barrel. European shares were also boosted by...

  • Don't get your hopes up on OPEC oil cut: Pro     Monday, 10 Nov 2014 | 9:34 PM ET

    Scott Darling, Regional Head of Oil & Gas Research at JP Morgan, says OPEC is unlikely to decide on an output cut at its next meeting and expects brent to slip below $75 a barrel in early-2015.

  • Commodities tomorrow: Bad day all around     Monday, 10 Nov 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down another dollar today. Natural gas was down on the day, even though a major cold snap is on the way.


  • Nov 10- U.S. crude futures rose towards $79 a barrel on Monday on renewed geopolitical tensions in Libya and Ukraine, while Chinese economic data suggested the world's second largest economy could implement more stimulus measures. *Libya's El Feel oilfield closed to due a power outage, a National Oil Corporation official said on Sunday, the third oil facility to...

  • "The future of oil and gas in the U.S. is natural gas," says Gary Evans, Magnum Hunter Resources CEO, discussing what the low cost of shale means to the industry and U.S. economy.

  • Frack fight in Texas town     Friday, 7 Nov 2014 | 2:25 PM ET

    Voters in Denton, Texas have approved a proposal to ban fracking for oil and gas. Chris Watts, Mayor of Denton, explains what's behind the petition.

  • We need stable oil price: OPEC chief     Friday, 7 Nov 2014 | 3:50 AM ET

    Abdallah Salem El-Badri, secretary general of OPEC, says he is worried that the low oil price will have a negative impact on investment in oil projects.

  • ISIS is a problem: OPEC chief     Friday, 7 Nov 2014 | 2:15 AM ET

    Abdalla el-Badri, secretary general of OPEC, says the ISIS problem needs to solved quickly as it will affect production and investment appetite for oil.

  • 'Relax': OPEC chief on falling oil price     Friday, 7 Nov 2014 | 2:15 AM ET

    Abdalla el-Badri, secretary general of OPEC, says consumers and producers are "panicking" over the falling oil price and need to "relax".

  • Oil at $70 a line in the sand for OPEC?     Friday, 7 Nov 2014 | 1:10 AM ET

    CNBC's Hadley Gamble discusses what oil price OPEC is comfortable with and how the falling oil price is affecting Saudi Arabia, Iran, Russia and the U.S.

  • Abdalla Salem El-Badri, secretary general of OPEC, says oil oversupply is not more than 600,000 to 700,000 barrels per day and the fundamentals of the market do not justify falling oil prices.