GO
Loading...

Oil

More

  • NYMEX-Crude pares strong gains as Iran talks drag on Wednesday, 1 Apr 2015 | 7:27 PM ET

    TOKYO, April 2- U.S. crude futures pared a 5 percent jump in the previous session in early Asian trade on Thursday, amid speculation that ongoing talks over Iran's nuclear program could reach a deal and add more crude to a global oil glut. *In Switzerland, Iran and six world powers were closer to a preliminary accord on Tehran's nuclear program as marathon talks were...

  • When oil will hit bottom Wednesday, 1 Apr 2015 | 5:26 PM ET
    Oil gas Russia

    Analysts say the stars are aligned for crude to hit a rock-bottom price during this quarter.

  • Commodities tomorrow: Crude over $50   Wednesday, 1 Apr 2015 | 4:00 PM ET
    Commodities tomorrow: Crude over $50

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil spiked at the end of the day, ending over $50/barrel. The inventory numbers weren't as high as expected and US production has declined.

  • A batch of discouraging economic news deepened investors' concerns about corporate earnings, pulling major U.S. stock indexes down on Wednesday for the second day in a row. Oil prices surged above $50 a barrel on signs that U.S. production growth is slowing. "The data show we definitely hit a bit of a slowdown in the first quarter, and now investors are getting...

  • NEW YORK— U.S. stocks are closing modestly lower, continuing a downward trajectory from the day before. Oil soared on signs that U.S. production growth is slowing and anticipation that a delay in talks with Iran over its nuclear program could keep Iranian oil off the world market. U.S. crude rose $2.49 to $50.09 a barrel in New York.

  • What the Iran deal could mean for the economy   Wednesday, 1 Apr 2015 | 3:16 PM ET
    What the Iran deal could mean for the economy

    Brenda Shaffer, Georgetown Univ. adjunct professor, and Chad Brownstein, Rocky Mountain Resources CEO, weigh in on possible outcomes from the Iran nuclear deal for oil prices and the economy.

  • Closing Bell Exchange: Will a rate hike kill?   Wednesday, 1 Apr 2015 | 3:04 PM ET
    Closing Bell Exchange: Will a rate hike kill?

    Debating a market outlook on a possible upcoming rate hike, with Keith Fitz-Gerald, MoneyMorning.com; Jack Bouroudjian, Index Financial Partners; Nathan Bachrach, Simply Money; and CNBC's Rick Santelli.

  • BRENT CRUDE OIL SETTLES UP $1.99, OR 3.6 PERCENT, AT $57.10 A BARREL.

  • CRUDE OIL SETTLES UP $2.49, OR 5.2 PERCENT, AT $50.09 A BARREL.

  • WTI touches $50 per barrel   Wednesday, 1 Apr 2015 | 2:29 PM ET
    WTI touches $50 per barrel

    CNBC's Jackie DeAngelis tracks crude prices as oil comes to a close.

  • A wild ride for energy   Wednesday, 1 Apr 2015 | 2:15 PM ET
    A wild ride for energy

    CNBC's Steve Liesman looks at the global impact of the crude collapse as CNBC's Kate Kelly takes on how to play energy in Q2.

  • BRENT CRUDE HITS SESSION HIGHS AFTER WHITE HOUSE, GERMAN FOREIGN MINISTER COMMENTS ON IRAN NUCLEAR TALKS.

  • *Focus shifts from Iran as nuclear talks go beyond deadline. "Clearly, there is a demand response underway by consumers to the low retail price," said John Kilduff, partner at New York energy hedge fund Again Capital. U.S. crude futures were up $2, or 4.2 percent, at $49.60 a barrel by 11:49 a.m. EDT.

  • CRUDE, BRENT UP $2 A BARREL, EXTENDING WEDNESDAY MORNING RALLY.

  • *Oil rallies as talks on Iran continue. NEW YORK, April 1- U.S. stocks fell for a second day and the dollar dipped after a weaker-than-expected report on private sector employment spurred investor concerns that a highly anticipated monthly U.S. jobs report on Friday could also point to slowing economic growth. However, oil futures rallied as talks over Iran's...

  • NEW YORK, April 1- U.S. crude inventories rose last week to a record high for the 12th straight week, while gasoline stocks fell more than four times than expected as demand grew for the motor fuel, data from the Energy Information Administration showed on Wednesday. "The large decline in gasoline inventories is notable, as is the four-week average demand of 9...

  • CRUDE UP MORE THAN $1 A BARREL, EXTENDING GAINS ON DOLLAR WEAKNESS AFTER EIA DATA.

  • Crude oil inventories 4.8M barrels   Wednesday, 1 Apr 2015 | 10:30 AM ET
    Crude oil inventories 4.8M barrels

    CNBC's Jackie DeAngelis reports the latest on crude oil inventories.

  • Why oil’s not hitting lows? ‘Phenomenal’ demand Wednesday, 1 Apr 2015 | 11:31 AM ET
    A gas flare burns as Jim Zumwalt, a driver with Black Hills Trucking, monitors a water tank while loading saltwater from an oil well storage tank near Sidney, Montana.

    As concerns about the glut of oil in the world continues to weigh, some have questioned why prices haven't fallen even further.

  • UPDATE 5-Oil rallies as Iran nuclear talks drag on Wednesday, 1 Apr 2015 | 9:04 AM ET

    LONDON, April 1- Brent crude oil futures reversed early losses to rally to $55.50 barrel as talks over Iran's nuclear program continued, curbing expectations of an immediate deal that would allow Iranian crude onto the market. Talks between Iran and six world powers in the Swiss city of Lausanne to settle a dispute around Tehran's nuclear program extended past...