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Fed Minutes: 'Number of Participants' Express Willingness to Reduce QE in June

Oil

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  • NEW YORK, May 22- Brent crude oil dropped to $103 per barrel on Wednesday after data showing an unexpected jump in U.S. gasoline stockpiles sparked worries that summer demand in the world's top oil consumer might be weaker than expected.

  • US crude oil supplies down by 300,000 barrels Wednesday, 22 May 2013 | 11:02 AM ET

    NEW YORK-- The nation's crude oil supplies shrank last week, the government said Wednesday. Crude supplies declined by 300,000 barrels, or 0.1 percent, to 394.6 million barrels, which is 3.1 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.

  • UPDATE 4-Oil slips towards $103 on U.S. demand worries Wednesday, 22 May 2013 | 7:35 AM ET

    LONDON, May 22- Brent crude oil dropped towards $103 per barrel on Wednesday after data showing a surprise jump in U.S. gasoline stockpiles sparked worries that summer demand in the world's top oil consumer could be weaker than expected.

  • Probe Puts Spotlight on Oil Firms' Trading Desks Wednesday, 22 May 2013 | 5:55 AM ET

    Europe's energy price manipulation probe has turned regulatory attention to secretive trading units at oil companies with huge turnover and millionaire staff with risk appetite higher than at Wall Street's biggest banks.

  • UPDATE 3-Brent dips towards $103 on U.S. demand worries Wednesday, 22 May 2013 | 4:51 AM ET

    LONDON, May 22- Brent crude oil dropped towards $103 per barrel on Wednesday after data showing a surprise jump in U.S. gasoline stockpiles sparked worries that summer demand in the world's top oil consumer could be weaker than expected.

  • Shale Gas Could Be UK's 'New North Sea' Wednesday, 22 May 2013 | 2:20 AM ET
    Drill pipe at a shale gas exploration site in Singleton, U.K.

    Shale gas development in the U.K. could create 74,000 jobs and halve the country's future dependency on gas imports, according to a new report by the Institute of Directors.

  • CHENNAI, India, May 22- Brent futures dropped further below $104 per barrel on Wednesday, as data showing a surprise jump in U.S. gasoline stockpiles and worries that peak summer demand in the world's top oil consumer may falter dragged down prices.

  • CHENNAI, India, May 22- Brent futures pulled further below $104 per barrel on Wednesday on concerns that peak summer demand in the world's top oil consumer may falter after data showing a stronger-than-expected rise in U.S. oil stockpiles.

  • Crude Slides Further as Demand Outweighs Bernanke Wednesday, 22 May 2013 | 1:03 PM ET

    Crude dropped on Wednesday, after data showing a surprise jump in U.S. gasoline stockpiles sparked worries that summer demand could be weaker than expected.

  • PERTH, May 22- U.S. crude futures prices fell below $96 a barrel on Wednesday after an unexpected increase in U.S. gasoline stockpiles ahead of the summer driving season in the world's largest oil consumer. July oil futures contract fell 44 cents to $95.74 a barrel by 0028 GMT.

  • Lightning Round  Tuesday, 21 May 2013 | 6:40 PM ET

    You say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.

  • Fast Money, May 21, 2013  Tuesday, 21 May 2013 | 5:00 PM ET

    CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.

  • UPDATE 8-Oil falls on rising US gasoline stocks Tuesday, 21 May 2013 | 5:22 PM ET

    NEW YORK, May 21- Crude prices fell on Tuesday, led lower by a sharp drop in U.S. gasoline futures as traders bet the market would be well supplied this summer, and as an industry report showed rising fuel stockpiles in the world's largest oil consumer.

  • Commodities Tomorrow: All About the Fed  Tuesday, 21 May 2013 | 4:00 PM ET

    CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders remain focused firmly on tomorrow's testimony from Fed Chairman Ben Bernanke. And expectations for this week's oil inventories.

  • NEW YORK, May 21- Crude oil futures ended lower on Tuesday, falling early as the dollar strengthened, then paring losses as the greenback weakened after a Federal Reserve official said he did not believe the U.S. central bank should pull back on its quantitative easing program.

  • Middle East, North Africa Growth to Slow: IMF Tuesday, 21 May 2013 | 11:14 AM ET

    Economic growth in the Middle East and North Africa will moderate this year before recovering in 2014, the IMF said.

  • UPDATE 6-Brent, U.S. crude fall on strong USD, gasoline Tuesday, 21 May 2013 | 11:37 AM ET

    NEW YORK/ LONDON, May 21- Brent crude oil futures fell below $104 per barrel on Tuesday in New York, as investors worried that the U.S. Operations were unaffected at the U.S. crude futures hub in Cushing, Oklahoma, about 77 miles northeast of Moore, after a vicious tornado ripped through the area.

  • LONDON, May 21- Brent oil futures fell towards $104 per barrel on Tuesday on concerns that the U.S. Investors are focussing on the release of minutes of the Fed's last meeting and testimony by Fed Chairman Ben Bernanke to Congress, both scheduled for Wednesday.

  • *Fresh conflict in Syria supports prices. CHENNAI, India, May 21- Brent crude futures steadied near a two-week high on Tuesday, holding around $105 per barrel as rising Middle East tensions offset concerns about moderating demand growth to keep prices in a tight range.

  • Oil Retreats as Jittery Investors Fret Fed Exit Tuesday, 21 May 2013 | 2:50 PM ET

    Oil fell on Tuesday, on concerns that the U.S. Federal Reserve might scale back its quantitative easing program, which could damage fragile demand.