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  • U.S. crude rises almost 2 percent to above $55 Thursday, 18 Dec 2014 | 7:13 PM ET

    TOKYO, Dec 19- U.S. crude futures jumped 2 percent in early trading on Thursday to above $55, recouping about half the losses in the previous session when oil fell to near five and a half year lows. U.S. crude for January delivery, which expires after Friday's settlement, was up 77 cents or 1.42 percent, at $55.88 at 0001 GMT, after rising to as high as $55.50 in earlier...

  • Commodities tomorrow: Gas less than $2.50  Thursday, 18 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was down on the day, but the market was up. Way up. Traders are looking for oil to dip into the $40s soon.

  • Oil plunges as market seeks bottom Thursday, 18 Dec 2014 | 4:22 PM ET
    A worker for Raven Drilling, helps line up a pipe while drilling for oil in the Bakken shale formation outside Watford City, North Dakota.

    Oil futures fell sharply, failing to hold a rally for a second day and signaling traders that the selling is not over.

  • *Brent, U.S. crude fall over $2 a barrel after Wednesday rally. Benchmark Brent and U.S. crude tumbled $2 a barrel each in late trading after initially extending Wednesday's short-covering, which lifted oil prices by more than $3. Some cited a Bloomberg report about a Nigerian port workers union suspending a strike, although workers in that dock union were only...

  • Oil settles down 4.2%  Thursday, 18 Dec 2014 | 2:35 PM ET

    Oil closed at $54.11 per barrel with momentum to the downside, reports CNBC's Jackie DeAngelis.

  • *BRENT CRUDE FUTURES FALL $2 A BARREL Thursday, 18 Dec 2014 | 2:26 PM ET
  • Oil sentiment to downside  Thursday, 18 Dec 2014 | 2:04 PM ET

    CNBC's Jackie DeAngelis reports on the downward move in oil after Wednesday's stabilization.

  • Cheer up Iron Man: Tesla top 2015 Wall Street pick Thursday, 18 Dec 2014 | 1:44 PM ET
    Elon Musk

    Elon Musk has lost more than $1 billion on his Tesla holdings alone in the last month, but he may be a lot happier next year, if analysts are right.

  • Oil prices not going up soon: IEA director Thursday, 18 Dec 2014 | 12:38 PM ET
    Workers connect drill bits and drill collars on Endeavor Energy Resources’ Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas, Dec. 12, 2014.

    The oil market will eventually respond to low prices, but demand remains muted in China and elsewhere, said Maria van der Hoeven.

  • Traders eye energy  Thursday, 18 Dec 2014 | 12:15 PM ET

    CNBC's Dominic Chu reports which beaten down energy stocks investors are getting in.

  • NEW YORK, Dec 18- Global crude prices fell again on Thursday, a day after a short-covering rally, as traders placed new bets that the market would resume a six-month rout on worries about a supply glut. But in late morning trade in New York, benchmark Brent and U.S. crude fell more than $1 a barrel to session lows. "We're continuing to search for a bottom, and might even see...

  • Nigeria central bank saving 'for a rainy day'  Thursday, 18 Dec 2014 | 11:40 AM ET

    Manji Cheto, vice-president of Teneo, explains why the Nigerian central bank has barred banks from dollar holdings.

  • IEA: Oil volatility not new, market will respond  Thursday, 18 Dec 2014 | 11:30 AM ET

    Discussing the state of the oil market and when prices will rise, with Maria Van Der Hoeven, IEA executive director.

  • Oil prices retreat from short-covering rebound Thursday, 18 Dec 2014 | 11:25 AM ET

    Traders also cited a Bloomberg report that a port workers' union in Nigeria had ended its strike, potentially allowing crude oil shipments to resume out of the country.

  • COLUMN-Clausewitz and oil prices: Kemp Thursday, 18 Dec 2014 | 10:38 AM ET

    LONDON, Dec 18- "If we consider the actual basis of this, how unreliable and transient it is, we soon realise that war is a flimsy structure that can easily collapse and bury us in its ruins." German military theorist Carl von Clausewitz was writing about the role of intelligence in warfare, but his insight about unreliable information is equally applicable to...

  • BRENT CRUDE OIL FUTURES TURN NEGATIVE, JOINING U.S.

  • Nat gas inventories down 64 BCF  Thursday, 18 Dec 2014 | 10:30 AM ET

    CNBC's Jackie DeAngelis reports the latest read on natural gas inventories.

  • UPDATE 6-Oil pares gains after early jump to $63 Thursday, 18 Dec 2014 | 10:27 AM ET

    LONDON, Dec 18- Brent crude pared early gains on Thursday to trade back below $62 a barrel, giving up much of a 3 percent spike in London as traders assessed whether a price rout is done. Oil this week slumped as low as $58.50 and has almost halved since June as fast-growing U.S. shale output overwhelms demand, with losses accelerating after producer group OPEC...

  • Saudi oil minister: We need help cutting output Thursday, 18 Dec 2014 | 10:19 AM ET
    Saudi Arabian Oil Minister Ali al-Naimi.

    Naimi said oil oil's price slide is only temporary, and that cutting down output required more support form big oil producers.

  • CRUDE OIL FUTURES TURN NEGATIVE, RETREATING FROM RALLY AFTER 5- YEAR LOW.