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.» Read More
The death of Saudi Arabia’s Crown Prince Sultan brings into play the system for choosing a new heir to the country's throne, and as one of most high-profile governments still resisting changes brought on by the Arab Spring, the importance of communicating stability affects investor sentiment across the Arabian Peninsula and energy markets around the world.
A drop-off in gasoline sales and refineries reluctant to buy new crude supply should keep demand weak, as oil imports hit their lowest weekly level in 15 years.
Brent crude prices are likely to go down towards $100 a barrel as weak economic data around the world continues to hit demand, Stuart Joyner, oil and gas analyst at Investec, told CNBC Tuesday.
"Brent looks quite vulnerable to me and I do expect Brent to come down closer to $100 a barrel next year," Stuart Joyner, oil and gas analyst at Investec, told CNBC.
Andrew Su, CEO of Compass Global Markets, sees good value in safe heaven commodities gold and silver.
The Fast Money traders with tomorrow's trade on Google. Also Dan Dicker, MercBloc president provides insight on copper & oil prices, and China's trade data, with the Fast Money traders.
Sandy Jadeja, chief technical analyst at City Index, joined CNBC for a technical look at the FTSE 100, NYMEX crude oil, and gold.
Earnings season kicks off Tuesday and MercBloc's Dan Dicker expects a few surprises.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Paul Sankey, Deutsche Bank lead oil analyst with the play on oil refiner stocks, and the trade on metals, especially aluminum, which is cheap relative to other base metals, says Dan Dicker, Mercbloc president.
Francisco Blanch, head of global commodity research at BofA Merrill Lynch forecasts oil prices will drop lower while gold prices will head higher towards the end of the year.
Find out what Dan Dicker sees in the price of oil and oil services stocks.
Michael Langford, Proprietary Trader at StreamTrading.com and Boris Schlossberg, Director of Currency Research at GFT on the latest moves in the commodities sector and investment strategy accordingly.
The Fast Money traders weigh in on Wednesday's dramatic drop in copper, and Morgan Stanley lowers its Brent oil forecast for 2012. Also, a look at why the big sell-off in copper is a healthy correction, with Kevin Kerr, Kerr Trading president.
Libya is back in the game but what does that mean for oil prices? Kevin Ferry, TheContrarianCorner.com, and Olivier Jakob, PetroMax provide perspective.
Money is flowing back into crude oil with futures near ninety dollars a barrel. Dan Dicker, MercBloc, LLC weighs in on what it means for refiners and how to trade it.
Daniel Dicker, MerBloc president weighs in on the trade on oil and whether the commodity is headed for demand destruction.