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  • UPDATE 7-Oil steadies after U.S. crude data Thursday, 28 May 2015 | 11:25 AM ET

    LONDON, May 28- Oil prices steadied on Thursday on news that U.S. crude stocks fell for a fourth week, suggesting the U.S. market was rebalancing after a long period of oversupply. Data from the Energy Information Administration on Thursday showed crude oil inventories fell by 2.8 million barrels in the last week, compared with analysts' expectations for an...

  • UPDATE 6-Oil drops as dollar rally resumes Thursday, 28 May 2015 | 10:15 AM ET

    LONDON, May 28- Oil prices fell to their lowest levels in a month on Thursday as the dollar resumed a 10- day rally, making fuel more expensive for holders of other currencies. "Much depends on the U.S. dollar," said Carsten Fritsch, senior oil and commodities analyst at Commerzbank in Frankfurt. Front-month Brent was down 40 cents at $61.66 a barrel by 1410 GMT.

  • Watch Costco from sidelines: Pro   Thursday, 28 May 2015 | 10:05 AM ET
    Watch Costco from sidelines: Pro

    Paul Trussell, Deutsche Bank analyst, discusses what you should be doing with Costco stock and other stocks that show opportunity.

  • KHOBAR, Saudi Arabia, May 28- Saudi Aramco may raise the number of its oil and gas drilling rigs to as high as 250 next year if oil prices continue to firm and as domestic demand for gas increases, industry sources said on Thursday. Brent oil is now around $62 a barrel, up from a low of $45 in January though still far from the $100 mark which Saudi officials said they...

  • Oil price: Why further falls may be on the way Thursday, 28 May 2015 | 8:51 AM ET
    Gas prices

    Those hoping for a bit of oil price stability after the past few months’ volatility may be disappointed.

  • UPDATE 5-Oil steadies ahead of U.S. inventory data Thursday, 28 May 2015 | 7:48 AM ET

    LONDON, May 28- Oil prices steadied on Thursday after a two-day slide as investors awaited data from the U.S. Energy Information Administration to see how American oil production was responding to a recent surge in prices. Industry group American Petroleum Institute said on Wednesday that U.S. crude oil inventories rose by 1.3 million barrels last week,...

  • OPEC not expected to cut production: Report   Thursday, 28 May 2015 | 7:37 AM ET
    OPEC not expected to cut production: Report

    John Kilduff, Again Capital, shares his outlook on oil production and prices.

  • Buy oil during hurricane season? It actually works Thursday, 28 May 2015 | 7:00 AM ET
    Operations map at the National Hurricane Center.

    A lot of research has gone into how the markets perform during this season, and a few insights stick out to help the best investors brace themselves.

  • LONDON, May 28- Oil prices recovered on Thursday after a two-day slide as the dollar weakened, making fuel less expensive for holders of other currencies. "Much depends on the U.S. dollar," said Carsten Fritsch, senior oil and commodities analyst at Commerzbank in Frankfurt. Front-month Brent was up 65 cents at $62.71 a barrel by 0815 GMT.

  • UPDATE 3-Oil prices rise ahead of US inventories data Thursday, 28 May 2015 | 2:42 AM ET

    SINGAPORE, May 28- Crude oil prices recovered on Thursday after a two-day slide, although high U.S. stocks and strong global production, along with a firm dollar, were keeping markets under pressure. Industry group American Petroleum Institute said after the market's settlement that U.S. crude inventories rose by 1.3 million barrels last week, following three...

  • UPDATE 2-Oil prices edge up ahead of US inventories data Thursday, 28 May 2015 | 12:11 AM ET

    SINGAPORE, May 28- Crude oil prices recovered on Thursday after a two-day slide, although high U.S. stocks and strong global production, along with a firm dollar, were keeping markets under pressure. Industry group American Petroleum Institute said after the market's settlement that U.S. crude inventories rose by 1.3 million barrels last week, following three...

  • Oil steadies as US production rises, stockpiles fall Thursday, 28 May 2015 | 1:51 PM ET
    Pipeline and crude storage tanks in Cushing Oklahoma.

    Oil prices fell earlier to their lowest levels in a month as the dollar resumed a 10-day rally.

  • UPDATE 1-Oil prices edge up after two days of steep falls Wednesday, 27 May 2015 | 10:15 PM ET

    SINGAPORE, May 28- Crude oil prices recovered on Thursday after a two-day slide, although high U.S. stocks and strong global production, along with a firm dollar, were keeping markets under pressure. Industry group American Petroleum Institute said after the market's settlement that U.S. crude inventories rose by 1.3 million barrels last week, following three...

  • NYMEX-Oil prices edge up after two days of steep falls Wednesday, 27 May 2015 | 8:54 PM ET

    SINGAPORE, May 28- Crude oil prices edged up on Thursday morning after a two-day slide, although high U.S. stocks and strong global production, along with a firm dollar, were keeping markets under pressure. *Front-month U.S. crude futures were up 25 cents from their last settlement at $57.76 per barrel by 0040 GMT on Thursday. *Brent futures climbed 40 cents to $62.46 a...

  • Commodities tomorrow: Oil continues slide   Wednesday, 27 May 2015 | 4:00 PM ET
    Commodities tomorrow: Oil continues slide

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil prices were down again today, and traders think the downward slide is likely to continue.

  • Transports red flags   Wednesday, 27 May 2015 | 2:02 PM ET
    Transports red flags

    Digging into the woes setting up for the transport companies, with Donald Broughton, Avondale Partners, and Brandon Oglenski, Barclays.

  • UPDATE 6-Oil falls below $63 as dollar strengthens Wednesday, 27 May 2015 | 9:50 AM ET

    LONDON, May 27- Crude oil futures reversed early gains to fall below $63 a barrel on Wednesday as the dollar's recovery from early losses outweighed expectations of a draw on U.S. oil stocks. July Brent crude fell 83 cents to $62.89 a barrel by 1347 GMT, down from an intraday high of $64.67, while U.S. crude was down 21 cents at $57.82 after touching $58.95 earlier in the...

  • UPDATE 5-Oil slips as dollar recovers Wednesday, 27 May 2015 | 9:04 AM ET

    LONDON, May 27- Crude oil futures reversed early gains to fall towards $63 a barrel on Wednesday as the dollar's recovery from early losses outweighed expectations of a draw on U.S. oil stocks. July Brent crude fell 37 cents to $63.35 a barrel by 1245 GMT, down from an intraday high of $64.67, while U.S. crude was down 13 cents at $57.90 after touching $58.95 earlier in...

  • UPDATE 4-Oil pares gains as dollar recovers Wednesday, 27 May 2015 | 6:55 AM ET

    LONDON, May 27- Crude oil futures edged up on Wednesday on expectations that U.S. crude stocks fell for a fourth straight week, but prices pared early gains as the dollar reversed losses. July Brent crude was up 13 cents at $63.85 a barrel by 1043 GMT, easing back from an early high of $64.67, while U.S. crude was up 23 cents at $58.26 a barrel after touching $58.95 earlier...

  • The Russian billionaires hit hard by oil's plunge Wednesday, 27 May 2015 | 7:34 AM ET
    Russian billionaire Alisher Usmanov (centre) among other businessmen

    The sharp fall in global oil prices has had a deep impact not only on the global economy, but on the fortunes of Russian billionaires.