PERTH, June 19- U.S. oil prices were steady below $99 on Wednesday as investors waited for the U.S. *NYMEX crude futures for July delivery had risen 6 cents to $98.50 a barrel by 0053 GMT, after climbing to a nine-month high of $98.74 a barrel on Monday. *Brent crude rose 6 cents to $106.08 a barrel.» Read More
Joe Petrowski, Gulf Oil CEO, provides an outlook on oil & gas, as gasoline prices trend higher while oil remains steady in the low $90's.
LONDON, June 4- Brent crude futures slipped below $102 a barrel on Tuesday as weak U.S. manufacturing data from the day before deepened worries about demand growth in the world's biggest oil consumer. Brent crude for July delivery slipped 18 cents to $101.88 a barrel by 1029 GMT, after settling $1.67 higher in the previous session.
LONDON, June 4- Brent crude futures slipped below $102 a barrel on Tuesday as weak U.S. manufacturing data from the day before stoked worries about demand growth in the world's biggest oil consumer. Brent crude for July delivery slipped 25 cents to $101.81 a barrel by 0838 GMT, after settling $1.67 higher in the previous session.
SINGAPORE, June 4- Brent crude futures slipped below $102 a barrel on Tuesday as weak U.S. manufacturing data stoked worries about demand growth in the world's biggest oil consumer. Brent crude for July delivery slipped 22 cents to $101.84 a barrel by 0442 GMT, after settling $1.67 higher in the previous session. U.S. oil fell 47 cents to $92.98 on Tuesday.
Cramer can’t help but notice the surprising divergence between Brent and almost every other commodity.
China factory activity shrinks, raising demand worries- PMI. NEW YORK, June 3- Crude oil futures rose on both sides of the Atlantic on Monday, reversing the previous session's losses, on the back of weak U.S. economic data that sent the dollar plunging and lifted oil prices.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. A major oil outage in the North Sea could impact oil prices. And a lot of shorts in the gold market are causing prices to rise.
NEW YORK, June 3- Brent crude oil futures rose on Monday, supported by a weak dollar and a supply outage in North Sea crude oil. Brent crude futures were $1.82 higher at $102.21 per barrel at 1:50 p.m. EDT, rebounding from a slip below $100 to $99.66 earlier in the session on weak Chinese data.
*China factory activity shrinks, raising demand worries- PMI. NEW YORK/ LONDON, June 3- Brent crude oil futures rose on Monday morning during trading in New York, supported by a weak dollar and a supply outage in North Sea crude oil. "I see the Buzzard field issue as leading the way with Brent pushing higher," said New York analyst Dominick Chirichella.
David Woo, BofA Merrill Lynch, and Kevin Kerr, Kerr Trading International, take a look at what's moving global oil and currency markets as traders position themselves ahead of the opening bell.
*NYMEX crude for July delivery was down 61 cents at $91.36 a barrel by 2243 GMT, after settling down $1.64 at $91.97 on Friday. *Hezbollah guerrillas fought a deadly battle with Syrian rebels in Lebanon's eastern border region early on Sunday, security sources said, in the latest eruption of Syria's conflict on Lebanese soil.
NEW YORK, May 31- Benchmark Brent crude oil futures closed down on Friday, posting a fourth straight monthly decline, and gold also posted daily and monthly declines as investors remained uneasy throughout May about whether the Federal Reserve will end its free flow of easy money. Copper and soybeans were two commodities that did gain in May.
U.S. crude oil futures settled 48 cents higher at $93.61 per barrel, rising one-half percent after sinking as low as $91.65. Brent crude oil futures settled 24 cents lower at $102.19 a barrel after trading between $101.08 and $102.85.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Gold passed $1,400 today in light of weak economic data and could continue higher. The draw on gasoline inventories helped push prices higher, and natural gas hovered around the $4 mark.
NEW YORK, May 30- Taylor Woods Capital, the commodities fund of ex- Credit Suisse gas trader George "Beau" Taylor, is up double digits for the year and is seeking new investors to replace capital lost in redemptions after a previously sluggish performance, industry sources said.
NEW YORK/ LONDON, May 30- Crude oil futures rebounded from early losses to move higher in afternoon trading in New York on Thursday in reaction to government data that indicated increased U.S. demand for gasoline at the kick-off of summer driving season.
NEW YORK, May 30- Crude oil futures pared losses on Thursday after government data showed gasoline stocks fell, compared with forecasts for a build. Brent crude oil futures were 88 cents lower at $101.55 per barrel at 11:10 a.m. EDT.
LONDON, May 30- Oil prices fell to nearly $101 a barrel on Thursday, extending the previous session's losses after U.S. first quarter growth was revised lower, stoking concerns over the demand outlook. Brent crude was down $1.21 to $101.22 a barrel by 1310 GMT, extending Wednesday's $1.80 drop.
What should investors do with equity markets at record highs? Here is a recap of trade tips from today.
TOKYO, May 30- U.S. crude futures fell below $93 a barrel on Thursday, extending declines from a near 2- percent drop a day earlier, pressured by weak shares and an unexpected rise in U.S. crude inventories. *NYMEX crude for July delivery was down 26 cents at $92.87 a barrel by 0000 GMT, after settling down $1.88 at $93.13 on Wednesday.