Brent Crude Commodity Market Trades, Charts


  • CNBC's Sharon Epperson discusses the day's activity in the commodities markets, including a number of refinery closures that could help drive the price of gasoline higher.

  • Iran: Closing Hormuz Strait to Deal With EU's Embargo? Tuesday, 24 Jan 2012 | 12:00 PM ET
    This satellite image shows the Strait of Hormuz, between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz runs between Iran and United Arab Emirates.

    Iranian authorities have reacted to the decision by the European Union on an embargo by calling for an immediate halt to oil sales to the continent. In a statement on its website, the Iranian Oil Ministry described the European Union’s decision as “hasty” and “a political game”.

  • Dan Dicker: Oil-Service Stocks Are Undervalued Friday, 20 Jan 2012 | 4:52 PM ET

    As oil prices slipped Friday, commodities trader Dan Dicker saw opportunity in oil-services plays.

  • Natural Gas Outlook: How Low Can it Go?     Thursday, 19 Jan 2012 | 4:00 PM ET

    CNBC's Sharon Epperson reports on the continuous slide in natural gas prices, now at a 10-year low, and how investors who bet on a bounce are getting burned.

  • Stay Long on Oil, Says Market Pro     Tuesday, 10 Jan 2012 | 12:22 PM ET

    Crude futures are back near $103 a barrell on supply concerns. Dan Dicker, president of Merc Bloc, discusses his trade on oil. He also shares his outlook on commodities.

  • Iran Tension Will Keep Oil Prices High: Analyst Tuesday, 10 Jan 2012 | 6:30 AM ET
    Iranian navy conducts the "Velayat-90" naval wargames in the Strait of Hormuz in southern Iran on January 1, 2012. Iran defiantly announced that it had tested a new missile and made an advance in its nuclear programme after the United States unleashed extra sanctions that sent its currency to a record low.

    The tensions over Iran and threats from the West to apply sanctions on Iranian oil will see crude prices facing more of an upside risk in the near future, a commodities analyst told CNBC.

  • Euro Impact on Oil     Tuesday, 10 Jan 2012 | 6:30 AM ET

    The fundamentals in the market are most likely to get more bearish because of the situation in Europe, says Michael Lynch, Strategic Energy & Economic Research president, who also adds any headlines coming out of the Middle East will spark concerns from traders.

  • Is Brent Crude in 'Strait' Jacket?     Monday, 9 Jan 2012 | 5:30 PM ET

    Discussing whether a shutdown of the Strait of Hormuz will send brent crude to $200, with Michael Wittener, SocGen, and the direction of oil, with the Fast Money traders.

  • Straight of Hormuz satellite image

    If Iran were to shut down the Strait of Hormuz, Brent crude would surge to between $150 and $200 a barrel, according to an oil analyst with Societe Generale.

  • Iran Looks to Venezuela as it Scrambles for Allies Monday, 9 Jan 2012 | 8:32 AM ET
    This satellite image shows the Strait of Hormuz, between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz runs between Iran and United Arab Emirates.

    Iranian President Mahmoud Ahmadinejad’s five-day tour of Latin American countries comes at a time of rising tensions with the United States and growing international isolation. The US State Department described Iran’s search for friends as “desperate,” while US Treasury Secretary Timothy Geithner is expected to ratchet up the pressure in a visit to China and Japan.

  • Tehran, Iran

    Oil prices could spiral out of control and potentially herald deeper economic hardship for Europe if the European Union joins the US in banning Iranian oil imports, analysts warned on Friday.

  • Iran Threat Drives Oil Prices Higher     Thursday, 5 Jan 2012 | 4:45 PM ET

    Threats from Iran to disrupt oil shipments through the Strait of Hormuz continue, and light sweet crude is bumping up against its 10-month high, John Kilduff, Again Capital, and Edward Morse, Citi, discuss.

  • What OPEC, the IEA Say About an Iran Embargo Thursday, 5 Jan 2012 | 6:28 AM ET

    Any European embargo of oil imports from Iran would have a direct effect not just on Iran, but also on the most prominent consumers of Iranian oil and refiners in the Mediterranean, according to a series of recent reports.

  • Can Iran Close the Strait of Hormuz? Wednesday, 4 Jan 2012 | 4:57 AM ET
    This satellite image shows the Strait of Hormuz, between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz runs between Iran and United Arab Emirates.

    The anxious exchange of statements and explicit threats between the U.S. and Iran mark a notable escalation and leave the energy markets struggling to understand the implications.

  • Oil Forecast 2012     Tuesday, 3 Jan 2012 | 7:47 AM ET

    Oil is as low as it is going to go, says Joe Petrowski, Gulf Oil CEO, who shares his forecast on whether there will be a major fluctuation in the price of oil due to the decisions in the Middle East.

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    If Iran shuts the Strait of Hormuz "that would be cataclysmic for the oil price and the economy, particularly if they figure out a way to shut it down for an extended period," says former Shell executive John Hofmeister.

  • Gold Declines Sixth Straight Day     Thursday, 29 Dec 2011 | 12:00 PM ET

    Breaking down the current state of the gold market as it precious metal declines for the sixth straight session today, with Rich Ilczyszyn, iiTrader founder and chief market strategist.

  • Oil Seen Above $100 a Barrel Through Next Year Thursday, 29 Dec 2011 | 8:41 AM ET

    The United States economy managed to cope this year despite triple-digit prices for oil. The lessons may come in handy, economists say, because those prices will probably be sticking around. The New York Times reports.

  • For the Iranians to pull off shutting down the Strait of Hormuz would be armageddon-like, says John Hofmeister, former president/CEO Of U.S. Operations, Shell Oil Co. Who adds, the U.S. should be working harder to preserve its own energy.

  • Iran & the Strait of Hormuz     Wednesday, 28 Dec 2011 | 12:21 PM ET

    Sharing perspective on trading tensions around Iran's threat to close the Strait of Hormuz and cut oil supply, with Stephen Schork, Schork Report.