GO
Loading...

Oil

More

  • SEOUL, Sept 17- U.S. crude futures edged lower in early Asian trade on Wednesday as U.S. crude and distillate inventories rose more than expected, easing after steep gains in the previous session on talk of an OPEC production cut and news of lower output in Libya.

  • *OPEC to cut output target in November meeting- Badri. *Russia to send troops to Crimea amid NATO exercises in Ukraine. NEW YORK, Sept 16- U.S. crude futures rose by more than $2 and Brent by more than $1 on Tuesday on the prospect of an OPEC production cut as well as on a weakening dollar and news that Libya had curbed output after rockets hit an area near a refinery.

  • *Russia to send troops to Crimea amid NATO exercises in Ukraine. NEW YORK, Sept 16- U.S. crude futures rose more by more than $2 and Brent by more than $1 on Tuesday on the prospect of an OPEC production cut as well as on a weakening dollar and news that Libya had curbed output after rockets hit an area near a refinery.

  • *OPEC to cut output target in November meeting- Badri. NEW YORK, Sept 16- Brent and U.S. crude futures rose more than a dollar on Tuesday on the prospect of a possible OPEC production cut and on news that Libya curbed output after rockets hit an area near a refinery.

  • *OPEC to cut output target in November meeting- Badri. LONDON, Sept 16- Brent crude oil rose above $98 per barrel on Tuesday, as the prospect of a likely supply cut from OPEC outweighed the impact of weak demand from the world's biggest energy consumers.

  • RUSSIAN CENTRAL BANK SEES OIL PRICES RETURNING TO ABOVE $100 PER BARREL IN COMING QUARTERS, SEES PRICE OF $102- $103 PER BARREL IN 2016-2017- POLICY DOCUMENT.

  • LONDON, Sept 16- Brent crude oil was slightly weaker, staying under $98 a barrel on Tuesday, pressured by weak economic data from the world's biggest energy consumers which pointed to weak demand growth at a time of strong supply. November Brent was down 10 cents to $97.78 a barrel by 0926 GMT.

  • LONDON, Sept 16- Brent crude oil fell towards $97 a barrel on Tuesday, pressured by weak economic data from the world's two biggest energy consumers which pointed to weak demand growth at a time of strong supply. November Brent was down 37 cents to $97.51 a barrel by 0810 GMT.

  • UPDATE 1-Brent holds below $98, capped by weak demand Tuesday, 16 Sep 2014 | 2:13 AM ET

    SINGAPORE, Sept 16- Brent crude was little changed at just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook.

  • Brent steady below $98, capped by weak demand Monday, 15 Sep 2014 | 11:17 PM ET

    SINGAPORE, Sept 16- Brent crude was little changed just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook.

  • NYMEX-U.S. oil retreats on softer economic data Monday, 15 Sep 2014 | 8:29 PM ET

    It settled 65 cents a barrel higher at $92.92 on the previous session, recovering by more than $2 a barrel after falling earlier in the session towards 16- month lows. *November Brent gained 20 cents a barrel to $98.08 after it ended 8 cents lower at $97.88.

  • Cramer: Keep eye on APPL, FB, & more     Monday, 15 Sep 2014 | 6:40 PM ET

    Mad Money's Jim Cramer outlines stocks investors should consider buy ahead of the Alibaba IPO.

  • 'Pump': Cheaper alternative fuels     Monday, 15 Sep 2014 | 4:44 PM ET

    Outlined in the new film "Pump," Former Shell Oil USA president John Hofmeister, discusses the initiative to reduce the cost of transportation fuel.

  • Commodities tomorrow: Brent crude under $97     Monday, 15 Sep 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Brent crude slides, and traders watch China and the dollar.

  • Brent crude takes a dip     Monday, 15 Sep 2014 | 2:44 PM ET

    CNBC's Jackie DeAngelis reports the strong dollar and weakness from China continues to put pressure on the price of oil. DeAngelis says Brent crude dipped under $97 a barrel.

  • NEW YORK, Sept 15- Oil prices slid to a 26- month low on Monday, and many other commodities also fell in a selloff that drove a sector benchmark near its lowest level this year on discouraging data out of China along with a stronger U.S. dollar.

  • *Russia to meet with OPEC as low prices pressure budget. NEW YORK, Sept 15- Brent and U.S. crude futures fell in choppy trading on Monday, with weak Chinese economic data pushing the expiring October Brent contract to a two-year low and news that Russia's energy minister would meet OPEC officials cushioning the drop.

  • Why US needs to repeal oil export ban: Hess CEO Monday, 15 Sep 2014 | 12:01 PM ET
    Pump jacks and wells on the Monterey Shale formation in California

    Lifting the 1970s ban on crude exports would go a long way to reducing energy prices and increasing jobs in the U.S., the CEO of Hess tells CNBC.

  • NEW YORK, Sept 15- Brent crude fell below $97 per barrel on Monday to its lowest in more than two years as lackluster economic data from China damped prospects for oil demand at a time of abundant supply, while expectations the Federal Reserve will provide new details this week about its plans to raise interest rates lifted the dollar.