TOKYO, Dec 18- U.S. crude futures were little changed above $56 a barrel on Thursday following volatile trading the previous day due to bearish U.S. oil data, Russia's rouble crisis and a U.S. decision to resume diplomatic ties with Cuba after 50 years. *NYMEX crude for January delivery, which expires after Friday's settlement, was up 1 cent at $56.48 a barrel by 0006...» Read More
Sean Hyman, Ultimate Wealth Report editor; and Carl Larry, Oil Outlooks and Opinions president, provide the play on metals, and the outlook on oil.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets, and says the market is keeping a close eye on natural gas supplies, which will be announced tomorrow..
CNBC's Sharon Epperson reports the latest numbers from the weekly EIA Inventory Report.
Oil giant BP has still some way to go until its divestment strategy has finished and CEO Bob Dudley told CNBC Monday that 2014 will be the year that the company's fortunes begin to turn around.
Dominic Schnider, Head Commodity Research, UBS Wealth Management is bearish on Brent crude as he says oil markets are well-supplied. He says that's why recent geopolitical tensions in the Middle East did not trigger a spike in oil prices.
CNBC's Sharon Epperson reports oil is hitting record levels. Also, Paul Sankey, Deutsche Bank analyst, weighs in with how to play the oil space, amid growing unrest in Turkey.
Jason Gammel, head of European oil at Macquarie, tells CNBC why a combination of factors offsetting each other mean Brent oil prices will be very company specific.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil continued its steady climb today and could soon have an impact on American consumers, particularly since gas prices have jumped 10 cents/gallon in the last week..
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Torbjorn Kjus, Oil Markets Analyst at DnB NOR expects strong geo-political support for the oil markets, but other factors such as efficiency improvements could drive prices lower.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
As Brent crude oil traded near three-month highs on Monday, some futures traders expressed optimism that crude prices would only continue to push higher.
Hess announced it is closing its Port Redding, NJ, refinery by the end of the month. CNBC's Sharon Epperson explains what the closure of this key refinery in New York Harbor -- responsible for about 7.5 percent of gasoline production on the Eastern seaboard -- will be mean for drivers in the Northeast.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and says the rebound in WTI was driven by a pipeline bottleneck and refinery issues.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at the market's developing interest in pipelines across the U.S.
As gasoline futures soared to the highest level in nearly three months, pro traders differ on how to play it.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets as oil hits a four-month high. And Nebraska's governor approves a new route for the Keystone pipeline.
Sabine Schels, senior director and global commodity strategist at BofA Merrill Lynch tells CNBC why WTI's recent gains in relation to Brent are just a short term trend.
Oil is slipping slightly this morning as the Algeria hostage crisis continues, with Boris Schlossberg, Managing Director, BK Asset Management; Kevin Book, ClearView Energy Partners; Barry Knapp; Barclays; and Rebecca Patterson, Bessemer Trust.