LONDON, May 29- Crude oil prices rose around 1 percent on Friday after U.S. inventories fell for a fourth straight week, although prices were set for a weekly drop on a stronger dollar. July Brent was up 60 cents at $63.18 a barrel by 0820 GMT. Data from the U.S. Energy Information Administration on Thursday showed crude oil inventories fell by 2.8 million barrels last...» Read More
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A stronger dollar took its toll on commodities today. Oil was down a buck, and gold got pummeled today.
Oil declined on strength in the U.S. dollar, reports CNBC's Jackie DeAngelis.
CNBC's Jackie DeAngelis reports the latest natural gas inventories data.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Gold was lower before the Fed meeting. A hawkish tone by the Fed didn't help. Oil was up slightly on the day on some technical buying and short covering. OPEC says don't panic.
CNBC's Jackie DeAngelis reports the latest crude oil inventories had a build of 2.06 million barrels, while distillate inventories decline 5.29 million barrels.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks were up, and so was crude oil. Traders still expect prices to go lower in the next few days.
West Texas intermediate crude dropped below $80 a barrel, hitting two-year lows, with some analysts predicting that it could go lower.
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How sliding oil prices are impacting alternative energy resources like solar energy, with Gordon Johnson, Axiom Capital.
Discussing oil production and speculation that the Saudi's are colluding with the U.S. to squeeze Putin, with Helima Croft, RBC Capital Markets.
Discussing oil production and gasoline's impact on retail sales and jobs, with Richard Hastings, Global Hunter Securities LLC, and Phillip Streible, RJO Futures.
Robert Perkins, senior oil writer at Platts, says in the company's ranking of top energy companies, Asian companies are on the rise as demand on the continent continues to stay strong.
Nobuo Tanaka, Global Associate, Energy Security & Sustainability at the Institute of Energy Economics, Japan, says falling oil prices could incur long-term issues and outlines what needs to be done.
A booming transportation sector underlies Asia's vulnerability to oil shocks, says Gal Luft, Senior Adviser at U.S. Energy Security Council. He also explains why oil prices will stage a rebound soon.
Geoff Lewis, Global Market Strategist at JP Morgan Asset Management, explains why recent declines in oil prices are positive for Asian economies like India.
Todd Burchett, Vice President of Portfolio Management at Athena Capital Advisors, outlines the positive impact of falling oil prices and explains what that means for U.S. stock investors.
Crude oil is going the way of the fossils that comprise it, commodities trader Dennis Gartman says.
Bill Smead, CEO & CIO of Smead Capital Management, says commodities are already in bear market territory and expects oil prices to eventually settle below $50 a barrel.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil fell below $80 today, but did close around $81.
CNBC's Jackie DeAngelis reports oil hit an intraday low of $79.44 before rebounding to close at $81.00.