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  • UPDATE 4-Oil slips below $86 on global oversupply Monday, 20 Oct 2014 | 7:58 AM ET

    *OPEC ministers due to meet in Vienna on Nov. 27. Abundant global oil supplies, particularly of very high quality, light oil, coupled with a gloomy economic outlook from Europe to China pushed Brent last week below $83, to its lowest since 2010. Oil prices are down more than 25 percent since June. Saudi Arabia, Kuwait and Iran have all indicated reluctance to change...

  • Saudi crude exports have been sliding in the past few months as shale oil squeezes Saudi oil out of U.S. markets and as demand in Asia, particularly in China, has been slower than expected. North America's shale boom has started to squeeze Saudi oil out of the U.S. market, the International Energy Agency said in a report last month, estimating Saudi exports would run...

  • *Saudi Arabia, Kuwait stop production at Khafji oilfield. LONDON, Oct 20- Brent crude steadied around $86 a barrel on Monday, holding on to a rally from near four-year lows last week on news of a cut in Saudi- Kuwait oil output. But the news was cited as a positive factor by some traders at a time when crude oil production exceeds demand and ahead of an OPEC meeting on Nov. 27...

  • Patrick Legland, global head of research at Societe Generale, says the U.S. could deliberately be pushing down oil prices to hurt Russia.

  • *Saudi Arabia, Kuwait stop production at Khafji oilfield. *Uncertainty over who controls Libya's oil. SINGAPORE, Oct 20- Brent crude edged higher on Monday, holding on to gains scored in the previous session that took it above $86 a barrel after robust U.S. data buoyed global financial markets, with a cut in Saudi- Kuwait oil output providing further support.

  • *Saudi Arabia, Kuwait stop production at Khafji oilfield. *Uncertainty over who controls Libya's oil. SINGAPORE, Oct 20- Brent crude futures edged higher on Monday, holding on to gains scored in the previous session that took it above $86 a barrel after robust U.S. data buoyed global financial markets, with a cut in Saudi- Kuwait oil output providing further support.

  • Brent crude futures edged higher, after U.S. data buoyed global financial markets, with a cut in Saudi-Kuwait oil output providing further support.

  • SINGAPORE, Oct 20- U.S. crude futures bounced back above $83 a barrel on Monday after a three-week fall that pulled prices to their lowest since 2012 amid abundant supply and slack demand. *U.S. crude for November delivery was up 67 cents at $83.42 a barrel by 2355 GMT. *Indonesia's President-elect Joko Widodo plans to order the steepest rise in subsidized fuel...

  • Kudlow: Oil's decline is a bad thing? Nonsense! Friday, 17 Oct 2014 | 9:41 PM ET

    One of the absolutely stupidest things I have heard in recent weeks is that the recent drop in oil prices is bad, says Larry Kudlow.

  • Oil will bottom at $75, trader predicts Friday, 17 Oct 2014 | 4:33 PM ET
    Pump Jacks are seen at sunrise near Bakersfield, Calif., October 14, 2014.

    U.S. crude closed higher Friday but was still down on the week. Some pros expect the slide to continue.

  • CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. Apple Pay hits retailers. The new NBA season starts and so does the World Series.

  • Falling oil fantastic news: Petrowski     Friday, 17 Oct 2014 | 3:28 PM ET

    Discussing how consumers will benefit from the slide in oil, with former Gulf Oil CEO Joe Petrowski. The average consumer should save 12,000 over the next 12 months on heating, lighting and gasoline, Petrowski says.

  • Oil's bearish scenario     Friday, 17 Oct 2014 | 2:32 PM ET

    With oil ending the week below $85 a barrel, John Kingston, Platts director, and Tamar Essner, Nasdaq energy analyst, discuss oil production and where prices are trending.

  • Oil stabilization     Friday, 17 Oct 2014 | 2:30 PM ET

    CNBC's Jackie DeAngelis reports crude oil has bounced back over $82 a barrel.

  • Why Venezuela is so desperate, in 5 easy charts Friday, 17 Oct 2014 | 2:07 PM ET
    A technician takes a sample of crude oil from a well operated by Venezuela's state-owned oil company in Morichal, Venezuela.

    Despite its oil revenues, Venezuela's economic and fiscal situations are in free fall. Learn why here.

  • Oil moves overdone: Pro     Friday, 17 Oct 2014 | 1:23 PM ET

    Discussing the move in oil, with Jack Bouroudjian, Index Financial Partners; Kenny Polcari, O'Neil Securities; and Bob Iaccino, Tethy's Partners.

  • We may give Ukraine gas this winter: Russia Friday, 17 Oct 2014 | 1:02 PM ET
    Russian President Vladimir Putin

    Russia and Ukraine agreed to a deal for gas supplies for the winter period.

  • *Fighting in Iraq raises political risk. LONDON, Oct 17- Brent crude oil rose above $86 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk. "Prices have likely overshot to the downside," said Jeffrey Currie, head of oil analysis at Goldman Sachs.

  • Lower oil prices bring relief for businesses Friday, 17 Oct 2014 | 8:00 AM ET

    With oil prices hovering around $83 a barrel, business owners say lower energy costs will translate to more business activity—just in time for the holiday season.

  • LONDON, Oct 17- Brent crude rose more than a dollar to above $87 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold in the short term. "Prices have likely overshot to the downside," said Jeffrey Currie, head of oil analysis at Goldman Sachs. Brent for December was up $1.20 at $87.02 a barrel by 1000 GMT, but was...