LONDON, March 2- Hedge funds and large speculators increased their bets on rising Brent crude oil prices last week to their highest for more than seven months, exchange data showed on Monday. Speculators increased their net long positions in Brent futures and options by 11,371 contracts to 182,783 in the week to Feb. 24, InterContinentalExchange data shows.» Read More
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Gold closed at a 3-week high today, and oil was down more than $1 after yesterday's jump.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Another huge decline in oil and gas inventories sent oil and gas higher on the day.
Andy Lipow, president of Lipow Oil Associates, talks about the huge drop in inventories. "World oil demand is growing," he said, and he expects sticker shock for consumers.
CNBC's Bertha Coombs takes a look at what is driving the decline in crude. It was the biggest 2-week drop since 1983.
In today's top 3 trades, Hewlett-Packard gets an upgrade to buy from sell, Family Dollar reports better than expected Q3 profits and Cliffs Natural CEO Joseph Carrabba will retire at the end of the year. The "Futures Now" crew breaks down crude's recent climb.
Simon Wardell, senior oil analyst at IHS CERA, talks about the narrowing spread between WTI and Brent and says that geopolitical risk, and not dollar or the economy, is driving oil prices.
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.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Crude was fractionally lower and gold rebounded slightly, in spite of a strong dollar.
The "Futures Now" team discusses whether crude prices have topped out amid unrest in Egypt.
Boris Schlossberg, BK Asset Management, provides his views on currencies and the U.S. dollar's climb back. And Kevin Book, ClearView Energy Partners, has the outlook on oil and gas prices.
What will the latest revolution in Egypt mean for oil prices? John Hofmeister, Citizens for Affordable Energy CEO, just back from the Middle East, provides his outlook.
CNBC's Patti Domm talks oil and geopolitics with John Kilduff, Again Capital.
Amrita Sen, chief oil analyst at Energy Aspects, explains why geopolitical concerns have had limited impact on oil prices lately and forecasts that the spread will continue to narrow.
Political unrest is raising fears of disruption in the oil market. Carl Larry of Oil Outlooks and Opinions, provides his views on where oil prices are likely headed.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. All eyes are on Egypt right now, and oil is rallying because of it.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Gold rebounded today, and copper was up, as well.
Kevin Book of ClearView Energy and Edmund Moy of Morgan Gold discuss the metals meltdown, as gold dips below $1,200 and oil edges down.
Dennis Gartman, The Gartman Letter, explains why he is now sitting "on the sidelines" on the gold play, and why he thinks stocks are likely on an upward trend.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Gold started higher, but it wasn't long before it dropped to its lowest level since August 2010. It's likely to continue to fall. Nat gas inventories were way above the normal average for this time of year.
The Futures Now team discusses the three reasons oil prices are going higher and whether crude is headed to $100 per barrel.