GO
Loading...

Enter multiple symbols separated by commas

Oil

More

  • UPDATE 5-Oil drops on rising U.S. rig count Friday, 3 Jul 2015 | 4:22 AM ET

    "This is the first weekly increase in 30 weeks and is an indication that the slump in drilling activity has ended," said Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt. Brent crude for August was down 45 cents at $61.62 a barrel by 0800 GMT, extending a downward trend in place since early May, which has seen prices fall almost 10 percent.

  • SINGAPORE, July 3- Oil prices dropped on Friday as a rising U.S. rig count stoked fears of oversupply and after Chinese regulators opened an investigation into suspected stock market manipulation. Front-month U.S. crude futures were trading at $56.72 per barrel at 0212 GMT, down 21 cents from their last settlement. That means that U.S. crude has fallen from a price...

  • *China watchdog probes mkt after over stock slump since June. Front-month U.S. crude futures were trading at $56.54 per barrel at 0038 GMT, down 39 cents from their last settlement. The rising U.S. rig count adds to near record production by OPEC and Russia.

  • Shell's new Gulf project Thursday, 2 Jul 2015 | 3:19 PM ET
    Shell's new Gulf project

    Marvin Odum, Shell Oil President, discusses the company's new project in the Gulf of Mexico. He says this is going to be a profitable project because the breakeven price is about $55 per barrel.

  • *First rise in U.S. oil rig count since December- Baker Hughes. *Some caution prevails over long July 4 weekend, Greece and Iran. Pulling crude futures off highs was the latest data on the U.S. oil rig count from Baker Hughes.

  • Oil closes near session lows Thursday, 2 Jul 2015 | 2:32 PM ET
    Oil closes near session lows

    CNBC's Jackie DeAngelis reports on the close in oil ahead of the holiday weekend.

  • CRUDE FUTURES TURN LOWER, BRENT PARES GAINS IN PRE-SETTLEMENT TRADE.

  • BP's really, really big settlement Thursday, 2 Jul 2015 | 1:19 PM ET
    BP's really, really big settlement

    CNBC's Eamon Javers reports the latest details on BP's $18B spill settlement.

  • Nat gas inventories up 69 bcf Thursday, 2 Jul 2015 | 10:30 AM ET
    Nat gas inventories up 69 bcf

    CNBC's Jackie DeAngelis reports natural gas inventories.

  • LONDON, July 2- Oil prices edged higher on Thursday as the U.S. dollar slipped following weaker-than-expected U.S. non-farm payrolls data. Brent futures were trading 60 cents higher at $62.61 per barrel at 1247 GMT. "Overall, production was supported by increased output from the Gulf of Mexico," Barclays said in a note following the publication of the inventories...

  • Summer gas prices cheap, but for how long? Thursday, 2 Jul 2015 | 7:50 AM ET
    Summer gas prices cheap, but for how long?

    Tom Kloza, Oil Price Information Services, shares his outlook on gas prices as travelers head into the busiest driving holiday weekend in years.

  • Brent futures were trading 29 cents higher at $62.30 per barrel at 0946 GMT. "Overall, production was supported by increased output from the Gulf of Mexico," Barclays said in a note following the publication of the data. Outside the United States, supply from the Organization of the Petroleum Exporting Countries rose to a three-year high of 31.60 million barrels...

  • SINGAPORE, July 2- Oil prices edged up on Thursday, partially recovering from price falls of 2.5 to 4 percent a day earlier as U.S. stockpiles rose for the first time in months on the back of high production. Following a 4.2- percent drop on Wednesday, front-month U.S. crude futures were trading at $57.07 per barrel at 0628 GMT, up 11 cents from their last settlement.

  • Crude dips on first oil rig jump since December Thursday, 2 Jul 2015 | 2:32 PM ET
    An operator for Baker Hughes Inc., conducts a wireline survey on a Chesapeake Energy Corp. natural gas rig in the North Texas Barnett Shale bed rock deposit near Burleson, Texas.

    Drillers added 12 oil rigs to U.S. fields in the last week, snapping a 29-week streak of declines.

  • SINGAPORE, July 2- Oil prices steadied on Thursday after the main crude benchmarks tumbled 2.5-4 percent a day earlier as U.S. stockpiles rose for the first time in months on the back of high production. Following a 4.2 percent drop on Wednesday, front-month U.S. crude futures were trading at $56.94 per barrel at 0420 GMT, down 2 cents from their last settlement.

  • Oil prices stabilize after sliding on U.S. stock build Wednesday, 1 Jul 2015 | 8:26 PM ET

    SINGAPORE, July 2- Oil prices were broadly unchanged from their previous close in early trading on Thursday after tumbling 4 percent a day earlier as U.S. stockpiles rose for the first time in months on the back of high production. Following Wednesday's drop, front-month U.S. crude futures were trading at $56.95 per barrel at 0015 GMT, down 1 cent from their last...

  • NBC News: Talk of Iran deal premature Wednesday, 1 Jul 2015 | 4:16 PM ET
    NBC News: Talk of Iran deal premature

    CNBC's Sue Herera reports that rumors of a draft deal with Iran are premature.

  • *WTI discount vs Brent hits $5 a barrel, biggest in 2 weeks. *Slide came on U.S. stockpile build, Greece and Iran fears. NEW YORK, July 1- U.S. crude prices fell 4 percent on Wednesday, posting their biggest daily drop since April after oil stockpiles in the United States rose for the first time in more than two months.

  • Crude wipes out gains Wednesday, 1 Jul 2015 | 3:23 PM ET
    Crude wipes out gains

    CNBC's Jackie DeAngelis reports crude oil settled at $57.0 on Wednesday, and traders believe this could be the beginning of a leg lower.

  • Oil tanks into close Wednesday, 1 Jul 2015 | 2:01 PM ET
    Oil tanks into close

    CNBC's Jackie DeAngelis reports on the dip in oil prices into the close Wednesday.