TOKYO, April 22- U.S. crude futures extended declines on Wednesday after Saudi Arabia ended a military campaign in Yemen, while industry data showed that a larger-than-expected build in U.S. oil inventories. *NYMEX crude for new June delivery was down 20 cents at $56.41 a barrel by 2318 GMT. *Saudi Arabia announced on Tuesday it was ending a month-long campaign of...» Read More
*Iran demands all sanctions end when nuclear deal signed. NEW YORK, April 10- Oil prices rose on Friday, posting a weekly gain on lift from lowered expectations that an agreement on Iran's nuclear program will result in a rapid return of more Iranian barrels to the market. Brent May crude rose $1.30 to settle at $57.87 a barrel, finishing above its 50- day moving...
CNBC's Brian Sullivan reports on oil drilling rig count data. The number of rigs in the US has been cut in half over the last year.
Paul Sankey of Wolfe Research, gives his best oil plays and predicts 100 dollar oil by 2017 or 2018.
SINGAPORE, April 10- U.S. crude oil futures were little moved in early trading on Friday holding above $50 a barrel on strong German economic data and uncertainty about negotiations on Iran's nuclear program. The market opened at similar levels to its last settlement on Thursday, when Brent crude rallied 4 percent in the previous session as European equities...
Erin Gibbs, S&P Capital IQ, and Rich Ross, Evercore ISI, discuss how to trade energy stocks.
U.S., BRENT CRUDE FUTURES PARE GAINS AHEAD OF SETTLEMENTS ON STRONG DOLLAR.
Matthew Beesley, Henderson Global Investors, gives his outlook on the oil sector and discusses current and future acquisitions.
CNBC's Jackie DeAngelis reports natural gas inventories.
SINGAPORE, April 9- Oil prices rose in early trading on Thursday, clawing back a part of the 6 percent slump in the previous session after a shock jump in U.S. crude inventories and record Saudi output, although analysts said sentiment remained bearish. Brent May crude was up 61 cents from its last settlement, trading at $56.16 a barrel by 0035 GMT, while U.S.
A 10.95 million barrel surge in U.S. crude stockpiles to 482.4 million, the biggest gain in 14 years, and record Saudi oil production of 10.3 million barrels a day in March had pulled down WTI May futures $3.56, or 6.6 percent, to a settlement price of $50.42 per barrel. It settled down $3.56, or 6.6 percent, at $50.42 a barrel. *Brent crude futures for May were up 51 cents to...
Chris Faulkner, Breitling Energy CEO, and Carl Larry, Frost and Sullivan, discuss possible oil deals to come.
CNBC's Jackie DeAngelis touches upon the important factors of Shell's deal with BG Group.
NEW YORK, April 8- Brent and U.S. crude futures extended losses to more than $2 on Wednesday after Energy Information Administration data showed crude oil inventories in the United States rose nearly 11 million barrels last week. Brent May crude was down $1.91 at $57.19 a barrel at 10:50 a.m. EDT, having fallen as low as $56.90. May crude was off $2.30 at $51.68,...
NASDAQ energy analyst, Tamar Essner, weighs in on the Shell deal to acquire BG and gives an outlook on the future of the oil sector.
CNBC's Jackie DeAngelis reports crude oil inventories were up an unexpected 10.9 million barrels. The market is now coming back to the reality that it is extremely oversupplied.
Shell announces a seventy billion dollar acquisition deal to buy BG Group. Senior oil analyst Michael Hewson of CMC Markets analyzes the deal.
*Shell to buy BG Group for $70 billion. LONDON, April 8- Oil prices fell towards $58 a barrel on Wednesday as industry data showed a larger-than-expected weekly increase in U.S. stockpiles and as Saudi Arabia reported record output in March. Brent May crude was down $1.03 at $58.07 a barrel by 0816 GMT and U.S.
SINGAPORE, April 7- Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly build in U.S. stockpiles and as Saudi Arabia reported record output in March. "We're going to need to see a very big uptick in demand to offset that supply," Ben Le Brun, analyst at OptionsXpress in Sydney said. Brent May crude was down 61 cents at...
*Shell in talks to buy BG Group in first mega-merger in a decade. SINGAPORE, April 7- Crude prices dropped on Wednesday after Saudi Arabia reported record production of 10.3 million barrels per day in March, a figure the country's oil minister said was unlikely to fall by much. Brent May crude was down 73 cents from its last settlement at $58.37 a barrel by 0100 GMT,...
U.S., BRENT CRUDE FUTURES PARE GAINS ON BIGGER THAN EXPECTED CRUDE STOCKS BUILD IN API DATA.