*But high U.S., Middle East production maintains supply glut. *Asian economies benefit from cheap oil- ABN Amro. Front-month Brent futures were trading up 53 cents at $60.07 a barrel by 0807 GMT, though significantly below the day's high of $60.74.» Read More
LONDON, Sept 22- Concern about a slowdown in China hammered stocks and commodities on Monday while signs of differences between major economic powers on the need to stimulate growth further clouded the outlook. The slide was carried over into Europe, where fears over Chinese demand hit miners' shares.
SINGAPORE, Sept 22- U.S. crude futures steadied above $92 a barrel on Monday ahead of the contract's expiry after losses in the prior session fueled by ample supplies and the dollar's strength. *Brent November oil dropped 33 cents to $98.06 per barrel.
MOSCOW, Sept 19- Lukoil, Russia's second-largest oil producer, expects global oil prices to remain flat or decline, its Chief Executive Vagit Alekperov said on Friday. "If previously we were forecasting $100, now it's $90- 95," Alekperov told Rossiya 24 television. Brent crude was flat at $97.69 a barrel on Friday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil and nat gas were both down on the day, on the dollar and inventory reports. And gold was down as traders seem less optimistic about the precious metal.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The focus was on the Fed today, as the end of QE approaches. Stocks were up, as was the dollar, and commodities were down on the day.
NEW YORK, Sept 17- Brent turned lower and U.S. crude extended losses on Wednesday after a government report showed crude stocks rose sharply in the United States last week and as a strong dollar continued to create headwinds for dollar-denominated commodities.
BRENT CRUDE FUTURES TURN LOWER, U.S. CRUDE EXTENDS LOSSES AFTER EIA SAYS U.S. CRUDE STOCKS ROSE LAST WEEK.
CNBC's Jackie DeAngelis reports Brent crude inventories build to 3.7 million barrels.
LONDON, Sept 17- Global stocks and commodity prices rose on Wednesday, boosted by speculation the U.S.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks and commodities rallied today, on strength in equities and a weaker dollar.
*OPEC to cut output target in November meeting- Badri. *Russia to send troops to Crimea amid NATO exercises in Ukraine. NEW YORK, Sept 16- U.S. crude futures rose by more than $2 and Brent by more than $1 on Tuesday on the prospect of an OPEC production cut as well as on a weakening dollar and news that Libya had curbed output after rockets hit an area near a refinery.
*Russia to send troops to Crimea amid NATO exercises in Ukraine. NEW YORK, Sept 16- U.S. crude futures rose more by more than $2 and Brent by more than $1 on Tuesday on the prospect of an OPEC production cut as well as on a weakening dollar and news that Libya had curbed output after rockets hit an area near a refinery.
*OPEC to cut output target in November meeting- Badri. NEW YORK, Sept 16- Brent and U.S. crude futures rose more than a dollar on Tuesday on the prospect of a possible OPEC production cut and on news that Libya curbed output after rockets hit an area near a refinery.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Brent crude slides, and traders watch China and the dollar.
CNBC's Jackie DeAngelis reports the strong dollar and weakness from China continues to put pressure on the price of oil. DeAngelis says Brent crude dipped under $97 a barrel.
NEW YORK, Sept 15- Oil prices slid to a 26- month low on Monday, and many other commodities also fell in a selloff that drove a sector benchmark near its lowest level this year on discouraging data out of China along with a stronger U.S. dollar.
*Russia to meet with OPEC as low prices pressure budget. NEW YORK, Sept 15- Brent and U.S. crude futures fell in choppy trading on Monday, with weak Chinese economic data pushing the expiring October Brent contract to a two-year low and news that Russia's energy minister would meet OPEC officials cushioning the drop.
CRUDE FUTURES TURN HIGHER, CHOPPY AS OCT BRENT APPROACHES CONTRACT EXPIRATION.
*Tokyo shares highest since 2008, other markets cautious. SYDNEY, Sept 12- The U.S. dollar was riding high in Asia on Friday as unceasing speculation about the prospects for rising U.S. interest rates undermined commodity prices and spurred investors to unwind leveraged trades in higher-yielding currencies.