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  • *Brent oil drops back near $60 a barrel. NEW YORK, Dec 24- U.S. shares extended a five-day winning streak on Wednesday after the latest data showed strength in the world's largest economy, while a mixed economic picture in Europe kept the region's stocks largely in check. U.S. equity markets will operate on a shortened trading schedule Wednesday, closing at 1 p.m....

  • *Brent seesaws around $60; U.S. crude around $55. Brent seesawed on both sides of $60 and U.S. crude hovered around $55. "It's a Christmas flood of oil at a time when refiners and producers usually are letting inventories get lower for end-of-year tax reasons, but with this flood of supply there's no place to put it," said Phil Flynn, analyst at Price Futures Group in...

  • Crude oil down $2 a barrel after surprise stockpile jump Wednesday, 24 Dec 2014 | 10:44 AM ET

    Dec 24- Oil prices fell $2 a barrel in New York trade on Wednesday after government data showed a large surprise build in crude oil inventories last week versus traders' bets for a stockpile drop. Benchmark Brent crude's front-month contract was down $2.10 at $59.59 a barrel by 10:35 a.m. ET after a session low at $59.37. Front-month U.S. crude slipped $1.85 to...

  • Gulf of Mexico finally back: Cramer  Wednesday, 24 Dec 2014 | 9:31 AM ET

    Could Transocean be the worst traded S&P 500 stock of the year? The "Squawk on the Street" weigh in on oil production in the Gulf of Mexico.

  • LONDON, Dec 24- Brent oil fell on Wednesday, trading around $60 per barrel weighed down by strong supply in the United States and a rising dollar. Brent for February delivery was down $1.50 to $60.19 at 1327 GMT after gaining $1.58 on Tuesday. In Europe, gasoline stocks reached their highest in five months in the Amsterdam- Rotterdam- Antwerp oil hub, data from PJK...

  • Pro targets WTI at $60-$70 per barrel  Wednesday, 24 Dec 2014 | 6:21 AM ET

    Look out for big price swings, says Paul Christopher, Wells Fargo Advisors, explaining why investors should expect volatility in the energy sector next year. Don't step in front of this bulldozer, warns Christopher.

  • LONDON, Dec 24- Brent oil fell below $61 per barrel on Wednesday, weighed down by strong supply in the United States and a rising dollar. Brent for February delivery dropped $1.02 to $60.67 by 0959 GMT after settling up $1.58 on Tuesday. A supply glut in the United States and elsewhere has helped push oil down some 46 percent since it reached this year's peak above...

  • SINGAPORE, Dec 24- Brent futures fell toward $61 per barrel on Wednesday, giving up some of the previous session's gains, as the U.S. dollar held near its highest level in nearly nine years on strong data. Brent for February delivery dropped 54 cents to $61.15 by 0400 GMT after settling up $1.58 on Tuesday. U.S. crude fell 53 cents to $56.59, after settling $1.86 higher...

  • SINGAPORE Dec 24- Brent futures fell toward $61 per barrel on Wednesday, giving up some of the previous session's gains, as the U.S. dollar held near its highest level in nearly nine years on strong data. Brent for February delivery dropped 28 cents to $61.41 by 0235 GMT after settling up $1.58 on Tuesday. "Every time oil prices come up for air an OPEC member or short...

  • US crude settles down $1.28, at $55.84 per barrel Wednesday, 24 Dec 2014 | 1:35 PM ET
    Oil drills are pictured in the Kern River oil field in Bakersfield, California

    U.S. crude futures extended losses after inventories unexpectedly surged last week as imports jumped and refineries maintained output.

  • *Brent for February delivery fell one cent to $61.68 after climbing $1.58 to close at $61.69 a barrel in the previous session. *U.S. commercial crude oil inventories were forecast to have fallen by 2.3 million barrels in the week ended Dec. 19, according to an analysts' poll by Reuters on Tuesday ahead of weekly data from the U.S. Department of Energy's Energy...

  • Bottoming oil? This analyst doesn't think so Tuesday, 23 Dec 2014 | 5:53 PM ET

    Stephen Schork of The Schork Report told CNBC he doesn't think oil is anywhere near a bottom yet.

  • Commodities tomorrow: Energy complex higher  Tuesday, 23 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • CNBC.com Hot List: 'Interview' to hit screens  Tuesday, 23 Dec 2014 | 4:48 PM ET

    CNBC.com Managing Editor Allen Wastler reports which stories are heating up on the web.

  • Schork: Will be confident of oil bottom when $0  Tuesday, 23 Dec 2014 | 4:39 PM ET

    Stephen Schork of The Schork Report, doesn't yet see a bottom in oil prices.

  • Oil dead cat bounce?  Tuesday, 23 Dec 2014 | 4:38 PM ET

    CNBC's Jackie DeAngelis discusses why the oil rally may just be temporary.

  • *CRUDE OIL FUTURES PARE GAINS AFTER API DATA Tuesday, 23 Dec 2014 | 4:34 PM ET
  • Traders cautious on oil  Tuesday, 23 Dec 2014 | 3:01 PM ET

    CNBC's Jackie DeAngelis tracks oil's upward momentum in today's trade.

  • Sharp drop in nat gas prices  Tuesday, 23 Dec 2014 | 3:00 PM ET

    Natural gas prices are collapsing. Are the savings consumers are seeing at the pump and now, possibly, heating bills, just what the markets and economy need?

  • BRENT CRUDE OIL FUTURES RISE $2 A BARREL IN POST SETTLEMENT TRADE.