TOKYO, May 4- U.S. crude oil futures dipped from 2015 highs and towards $59 a barrel in early Monday trading, after posting the biggest monthly gain in six years in April. *U.S. crude for June delivery was down 10 cents at $59.05 a barrel by 0000 GMT. *Trading activity was expected to be low on Monday as London, Europe's main oil dealing hub, is closed due to a public holiday.» Read More
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude bounced in the morning after reports of an explosion at a Saudi pipeline. That and a bullish inventory report drove the price up a bit.
Now that Republicans are taking control of the Senate, John Kingston, Platts director, discusses what that means for Keystone XL legislation and export laws.
While oil is trading higher, there has been a major decline in the price of crude over the past few days. CNBC's Michelle Caruso-Cabrera goes to the charts to look back on oil production trends in the U.S.
CNBC's Jackie DeAngelis speaks to trader Peter Amandio about the lower-than-expected build in crude oil inventories and where he expects prices to go in the next month.
The "Squawk on the Street" crew dissect the play on oil companies including EOG Resources after the company posted a great third quarter.
Alejandro Barbajosa, VP, Crude & LPG - Middle East & Asia-Pacific at Argus Media, says Saudi Arabia's recent pricing decisions could prompt "strong cohesive actions" from OPEC.
Richard Yetsenga, Head of Global Markets Research at ANZ, discusses the rationale behind Saudi Arabia's surprise move in cutting oil prices for U.S. customers.
Jamie Baker, JPMorgan U.S. senior airline equity analyst, discusses the play on airlines in the face of lower oil prices.
John De Clue, CIO at U.S. Bank Wealth Management, advises investors to stay away from U.S. stocks as of now as markets are unsettled.
John Licata, Founder & Chief Energy Strategist of Blue Phoenix, describes how the Fed and Saudi Arabia's decision to lower prices of oil exported to the U.S. are weighing on oil prices.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil fell to $75 today but ended up a bit above $77. Strength in the dollar continues to drive oil prices lower.
Discussing Saudi oil production and where oil will bottom out, with former Gulf Oil CEO Joe Petrowski.
CNBC's Jackie DeAngelis, reports crude oil trimmed some of its losses to close over $77 a barrel.
BP Capital founder Boone Pickens, sounds off on oil production and explains why he believes the U.S. should stop drilling for oil.
CNBC's Dominic Chu takes a look at what stocks are benefiting from the energy slide and who is taking the biggest beating.
The national average for a gallon of gas is now $2.97. CNBC's Steve Liesman takes a look at the impact of cheap gas on the U.S. economy.
With oil sitting below $76 a barrel, CNBC's Jackie DeAngelis, discusses how low traders think oil will drop.
Oil prices fell after top oil exporter Saudi Arabia cut sales prices to the United States
After Saudi Arabia decided to alter oil prices to U.S. buyers, Richard Hastings, Global Hunter Securities, says the price cut suggests they are fighting for market share in the U.S.
Falling oil prices have always been somewhat of a double-edged sword. But some say the negatives to the economy are taking on added concerns.