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  • Drilling remains slow in Wyoming amid low oil prices Friday, 24 Apr 2015 | 6:27 PM ET

    CHEYENNE, Wyo.— Drilling for oil and gas in Wyoming has sunk to the lowest rate since 1999 amid oil prices that are too low for petroleum companies to invest in new exploration. After falling below $50 a barrel, the price has rebounded to around $58 but remains well below the more than $100 seen last summer. This week, the number of rigs drilling for oil and natural gas in...

  • *Saudi-led coalition continues Yemen bombings, driving Brent up. NEW YORK, April 24- Oil prices diverged on Friday, with Brent hitting 4-1/ 2 month highs on continued fighting in Yemen while U.S. crude fell on concerns of another upcoming stock build, though both benchmarks headed toward weekly gains. "It's a push and pull situation with the Yemen tensions giving...

  • *OPEC surplus nears 10- year high of 2 mln barrels per day. LONDON, April 24- Brent crude edged up on Friday, poised to mark a third consecutive week of price increases as air strikes in Yemen stoked concerns over the security of Middle East oil shipments. A softer U.S. dollar and strong economic indicators in Europe and Asia also lent support to oil prices despite OPEC...

  • *Saudi-led coalition continues Yemen bombings. *OPEC surplus nears 10- year high of 2 mln barrels per day. LONDON, April 24- Brent crude was on track to finish the week near 2015 highs on Friday as air strikes in Yemen stoked concerns over the security of Middle East oil shipments.

  • *Saudi-led coalition continues Yemen bombings. *OPEC surplus nears 10- year high of 2 mln barrels. LONDON, April 24- Brent crude looked set to finish the week near 2015 highs on Friday as air strikes in Yemen stoked concerns over the security of Middle East oil shipments.

  • Bulls are backing oil price breakthrough Friday, 24 Apr 2015 | 5:40 AM ET
    Gas flares from a burner tower on the Petroleos Mexicanos (Pemex) Pol-A Platform complex, located on the continental shelf in the Gulf of Mexico.

    After a period of relative stability in oil prices, a slew of market participants are growing increasingly upbeat on a turnaround for the commodity.

  • *Saudi-led coalition continues Yemen bombings. SINGAPORE, April 24- Oil prices held steady on Friday near 2015- highs reached the session before, remaining on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments. Brent crude for June delivery had climbed 22 cents to $65.09 a barrel by 0706 GMT,...

  • *Saudi-led coalition continues Yemen bombings. SINGAPORE, April 24- Oil prices on Friday edged down from 2015- highs reached in the previous session, but prices remained on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments. Brent crude for June delivery was down 30 cents at $64.55 a barrel by...

  • Oil prices edge back from 2015-highs Thursday, 23 Apr 2015 | 10:26 PM ET

    *Saudi-led coalition continues Yemen bombings. SINGAPORE, April 24- Oil prices on Friday edged back from 2015- highs reached the session before, but remain on course for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments. The spike in prices on Thursday came as warplanes from a Saudi-led coalition...

  • WTI ends down as Brent sits near 4-1/2 month high Friday, 24 Apr 2015 | 2:32 PM ET
    An oil well owned an operated by Apache Corp. in the Permian Basin, Garden City, Texas.

    Oil prices diverged, with Brent rising to a near 4½ month high and WIT crude falling as data showed the drop in US oil rigs quickened this week.

  • NYMEX-Crude eases after jump, set for 6th weekly gain Thursday, 23 Apr 2015 | 8:20 PM ET

    TOKYO, April 24- U.S. crude futures edged back on Friday from a four-month high touched a day earlier, but were on course for a sixth straight weekly gain after renewed air strikes in Yemen stoked concerns about the security of Middle East oil shipments. *NYMEX crude for June delivery was down 24 cents at $57.50 a barrel by 0004 GMT, after settling up $1.58 at $57.74 on...

  • Commodities tomorrow: Crude highest since December   Thursday, 23 Apr 2015 | 4:00 PM ET
    Commodities tomorrow: Crude highest since December

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Yemen helps push crude higher, and production in the US declined slightly.

  • Geopolitical risks and rising oil   Thursday, 23 Apr 2015 | 2:30 PM ET
    Geopolitical risks and rising oil

    CNBC's Jackie DeAngelis tracks oil action into the close. According to AAA the average gas prices is $2.49 per gallon.

  • Petrobras CFO: We're aiming for transparency Thursday, 23 Apr 2015 | 3:13 PM ET
    Ivan Monteiro, CFO of Petrobras.

    Brazilian oil giant Petrobras believes it has started to normalize its relationship with investors and to implement better governance.

  • *Brent crude hits year high above $65, U.S. crude above $58. *Rally fueled by Saudi-led bombing of Yemen, slowing U.S. output. NEW YORK, April 23- Crude oil prices jumped 3 percent on Thursday, hitting 2015 highs while U.S. gasoline rose to its highest in nearly five months after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns...

  • NEW YORK, April 23- Oil prices climbed to their highest levels of the year on Thursday as tensions in the Middle East sparked supply concerns, while the boost from energy-related stocks helped U.S. equities shrug off a batch of soft economic data. Brent crude touched a high of $65.13, its highest since December, and was last up 3.6 percent at $64.97 a barrel, while U.S....

  • BRENT CRUDE SETS NEW 2015 HIGH AT $65.58 A BARREL, U.S.

  • *Pepsi, P&G, 3 M blame strong dollar for missing estimates. *Texas Instruments slump pulls down chipmakers. Both Brent and U.S. crude futures rose more than 3 percent on heightened concerns over the security of Middle East supplies as a civil war escalated in Yemen.

  • AT&T gained 3 percent Thursday after the company said it expects bigger savings from its proposed purchase of satellite TV company DirecTV. PulteGroup sank 8 percent after reporting income that was well below what analysts were expecting. The price of crude oil rose $1.98 to $58.10 a barrel in New York.

  • CRUDE HITS 2015 HIGH OF $58.14 A BARREL IN RALLY FUELED BY SAUDI-LED STRIKES ON YEMEN REBELS.