GO
Loading...

Oil

More

  • *Libya loads 2nd cargo at largest port Es Sider. SINGAPORE, Aug 22- Brent was trading below $103 a barrel on Friday, heading for a second weekly loss as easing geopolitical risks and higher global oil supply pressured prices. The Organization of the Petroleum Exporting Countries pumped more oil in July despite conflicts in the Middle East and Africa.

  • *U.S. crude futures for October delivery fell 6 cents to trade at $93.90 a barrel as of 0004 GMT. *An Iraqi Kurdish crude oil tanker has reappeared off the coast of Israel having offloaded its cargo, ship tracking data on Reuters showed, in the latest sign the autonomous region is finding buyers for its oil in defiance of Baghdad.

  • Weak data on China's factory output weighed on oil prices early. NEW YORK, Aug 21- U.S. and Brent crude futures rose on Thursday, lifted by supportive economic data from the United States after a plentiful supply picture and Chinese economic data had earlier pressured prices.

  • NEW YORK, Aug 21- U.S. and Brent crude futures rose on Thursday, lifted by supportive economic data from the United States after a plentiful supply picture and Chinese economic data had earlier pressured prices.

  • *U.S. CRUDE OIL FUTURES RISE MORE THAN $1 PER BBL Thursday, 21 Aug 2014 | 12:10 PM ET
  • Bakken nat gas buildout 'flares' controversy     Thursday, 21 Aug 2014 | 6:47 AM ET

    Drillers in North Dakota only capture about 68 percent of the gas they find and burn off the rest, resulting in flaring. Now the rush is on to find ways to meet new regulations to curb the flaring, reports CNBC's Morgan Brennan.

  • *Saudi Arabia pumps 10 million bpd in July. The world's top two crude oil benchmarks have fallen by more than $10 a barrel since June on a build-up of supply in the Atlantic Basin and diminishing worries over the risk that conflicts in the Middle East would hit oil production.

  • Oil hits 14-month low as bulls eye turnaround Thursday, 21 Aug 2014 | 5:53 AM ET
    A gas flare is seen at an oil well site outside Williston, North Dakota.

    The price of Brent crude hit a 14-month low on Thursday, but market analysts now believe that oil could find a floor and expect prices to stabilize.

  • Oil demand to increase towards year-end: Pro     Thursday, 21 Aug 2014 | 4:30 AM ET

    Harry Tchilinguirian, head of commodity markets strategy at BNP Paribas, says the oil price correction was due to expectations of oil disruptions over Iraq and Syria, which did not materialize

  • How big a threat is a gas outage to Europe?     Thursday, 21 Aug 2014 | 3:15 AM ET

    Rachel Ziemba, director at Roubini Global Economics, discusses the possibility of gas outages in Europe and what impact this would have.

  • 'Long-term impact' if Scotland leaves UK: CEO     Thursday, 21 Aug 2014 | 3:05 AM ET

    Tony Durrant, CEO of Premier Oil, says there will be a "long-term impact" if Scotland becomes independent.

  • Geopolitical risk premium gone from oil: Pro     Thursday, 21 Aug 2014 | 1:30 AM ET

    Abhishek Deshpande, oil and gas analyst at Natixis, says fundamentals have become important to oil prices as the geopolitical risk premium given to the commodity has gone.

  • US oil ends near $94, propelled by US data Thursday, 21 Aug 2014 | 2:43 PM ET
    Pump jacks and wells in an oil field on the Monterey Shale formation near McKittrick, Calif., March 23, 2014.

    Crude was lifted by supportive economic data from the United States, after a plentiful supply picture and Chinese data pressured prices.

  • TOKYO, Aug 21- New front month U.S. crude futures inched up towards $94 in early Thursday trade as a bigger than expected drop in petroleum stockpiles outweighed news of increased supplies.

  • A read on the energy and industrial space, with DistributionNOW CEO Robert Workman.

  • NEW YORK, Aug 20- U.S. crude oil rose in choppy trading on Wednesday ahead of the September contract's expiration and after government data showed crude stocks in the United States fell sharply last week. U.S. crude stocks slid by 4.5 million barrels last week, the U.S. Energy Information Administration said, more than analysts had expected.

  • Magnum Hunter's fracking plan     Wednesday, 20 Aug 2014 | 3:38 PM ET

    Magnum Hunter Resources CEO Gary Evans, shares his views on future oil and gas prices, and how his company plans to navigate fracking. Evans says recent market highs are being driven by cheap energy.

  • An end to 'blood for oil'? Maybe not just yet Wednesday, 20 Aug 2014 | 2:26 PM ET
    Red Adair fire fighting crew work on a blown-out well damaged by retreating Iraqi soldiers in Al-Ahmadi oil field in southern Kuwait,  March 29, 1991.

    As booming shale pushes U.S. oil production to near 9 million barrels per day, some say U.S. strategic interests are being realigned.

  • NEW YORK, Aug 20- U.S. crude oil rose in choppy trading on Wednesday ahead of the September contract's expiration and after government data showed crude stocks in the United States fell sharply last week. U.S. crude stocks slid by 4.5 million barrels last week, the U.S. Energy Information Administration said, more than analysts had expected.

  • UPDATE 6-U.S. crude oil rises on expiry, EIA stock draw Wednesday, 20 Aug 2014 | 10:45 AM ET

    LONDON, Aug 20- U.S. crude oil rose by more than $1 a barrel ahead of the September contract's expiry on Wednesday and as crude stocks in the United States posted a sharp fall, while Brent bounced off a 14- month low to reach $102.