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  • Oct 31- A surge in refining profits boosted quarterly results for Exxon Mobil Corp and Chevron Corp, helping to offset lower oil and gas output and slumping crude oil prices. "Exxon Mobil's quarterly results demonstrate the strength of our integrated business model," Chief Executive Officer Rex Tillerson said in a statement after his company posted results.

  • OPEC losing pricing power: Pro     Friday, 31 Oct 2014 | 10:47 AM ET

    Goldman Sachs' Jeff Currie says U.S. shale production is the new swing barrel.

  • Three key reasons Goldman cut oil forecast     Friday, 31 Oct 2014 | 10:43 AM ET

    CNBC's Kate Kelly talks with Goldman Sachs' Jeff Currie about his outlook on oil as the U.S. grows closer to total oil independence.

  • Oct 31- A surge in refining profits boosted quarterly results at Exxon Mobil Corp and Chevron Corp, helping to offset declining oil and gas production and falling crude oil prices. "Exxon Mobil's quarterly results demonstrate the strength of our integrated business model," Chief Executive Officer Rex Tillerson said in a statement after his company posted...

  • Refining fuels Exxon's earnings beat Friday, 31 Oct 2014 | 8:51 AM ET
    An ExxonMobil sign is displayed at a gas station in Cincinnati, Ohio.

    ExxonMobil on Friday reported a 3 percent increase in quarterly profit on higher results in its refining and chemicals businesses.

  • Chevron profit jumps 13 percent Friday, 31 Oct 2014 | 12:36 PM ET

    Chevron reported its profit rose as lower oil prices boosted its refinery operations, helping to offset sagging results in its oil and gas production.

  • Buy XOM on beat? Not really says pro     Friday, 31 Oct 2014 | 8:17 AM ET

    Fadel Gheit, Oppenheimer & Company energy analyst, provides insight on big energy's Exxon Mobile and Chevron.

  • LONDON, Oct 31- Gasoline prices in all parts of the United States are tied to Brent rather than the domestic crude oil benchmark WTI, according to a detailed study published on Thursday by the Energy Information Administration. "The issue of which crude oil matters most for U.S. gasoline prices is particularly relevant as policymakers in the executive branch and...

  • Cashing in on crude's crush     Friday, 31 Oct 2014 | 7:32 AM ET

    Marc Lasry, Avenue Capital chairman & CEO, explains why he likes energy plays now.

  • *OPEC expected to maintain production quotas at Nov meeting. "We should not take for granted that OPEC will go back to its old role as a swing producer," said Maria van der Hoeven, executive director of the International Energy Agency. "But what we see as likely is that some higher cost production in OPEC countries and non- OPEC countries will be tested in the event of...

  • Gas almost under $3 nationwide: What to know Friday, 31 Oct 2014 | 6:55 AM ET

    The sight is so surprising that Americans are sharing photos of it: The gas station sign, with a price under $3 a gallon.

  • *No sign of OPEC cutting output. LONDON, Oct 31- Brent crude oil fell more than a dollar towards $85 a barrel on Friday as a firmer dollar and a well supplied oil market pushed the benchmark towards its steepest monthly decline since 2012.. Brent for December was down 90 cents at $85.34 a barrel by 0920 GMT, after touching a low of $85.11.

  • Iran a 'time bomb' for oil prices Friday, 31 Oct 2014 | 5:08 AM ET

    Markets should look for "a significant political risk premium on the price of Brent" if nuclear arms talks between Iran and world powers fail.

  • *Oil rout not over, OPEC needs to cut output- Newedge. SINGAPORE, Oct 31- Brent crude futures fell below $86 a barrel on Friday as a firmer dollar and a well supplied oil market combined to put the benchmark on course to end October with its steepest monthly decline since 2012.. "We are still not confident about oil prices rebounding sharply because there are no signs...

  • Brent falls below $86, heads for worst month since 2012 Thursday, 30 Oct 2014 | 10:45 PM ET

    *Oil rout not over, OPEC needs to cut output- Newedge. SINGAPORE, Oct 31- Brent crude futures fell below $86 a barrel on Friday as a firmer dollar and a well supplied oil market combined to put the benchmark on course to end October with its steepest monthly decline since 2012.. "We are still not confident about oil prices rebounding sharply because there are no signs...

  • Oil tumbles toward fourth straight monthly decline Friday, 31 Oct 2014 | 12:44 PM ET

    Oil prices dropped on Friday and were headed toward a fourth consecutive monthly fall as another round of monetary stimulus from Japan pumped up the U.S. dollar.

  • NYMEX-Crude below $81, set for fourth monthly loss Thursday, 30 Oct 2014 | 8:19 PM ET

    TOKYO, Oct 31- U.S. crude futures edged below $81 a barrel on Friday, extending declines as the dollar rallied on bets of a sooner-than-expected U.S. rate hike, while traders saw little chance of OPEC cutting output at its November meeting. *NYMEX crude for December delivery was down 15 cents at $80.97 a barrel by 0002 GMT, after settling down $1.08 on Thursday.

  • Commodities tomorrow: Gold pummeled post-Fed     Thursday, 30 Oct 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A stronger dollar took its toll on commodities today. Oil was down a buck, and gold got pummeled today.

  • BOGOTA, Oct 30- Colombia has room to take on additional debt next year to make up for a shortfall in revenue if the international price of oil continues to decline, Finance Minister Mauricio Cardenas said on Thursday, adding the government would maintain its spending pace. A decline in Colombia's crude output coupled with a drop in price has raised concern in...

  • Oil sells on dollar strength     Thursday, 30 Oct 2014 | 3:13 PM ET

    Oil declined on strength in the U.S. dollar, reports CNBC's Jackie DeAngelis.