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  • U.S., BRENT CRUDE FUTURES TURN LOWER AFTER PENTAGON SAYS VESSEL BOARDED BY IRAN WAS NOT U.S.-FLAGGED.

  • Short term pop, counter-trend rally: Pro   Tuesday, 28 Apr 2015 | 10:38 AM ET
    Short term pop, counter-trend rally: Pro

    Mary Ann Bartels, Merrill Lynch, provides her economic outlook, and discusses market concerns as indexes near all- time highs.

  • UPDATE 7-Oil rises after Iran seizure of U.S. vessel Tuesday, 28 Apr 2015 | 10:38 AM ET

    *Iran seizes U.S. cargo vessel, directs it to local port. NEW YORK, April 28- Oil prices turned positive on Tuesday after reports that Iran had seized an U.S. cargo vessel raised geopolitical tensions and concerns about the security of Middle East crude shipments, traders said. Futures of U.K. North Sea Brent, the more widely-used global benchmark, were up 55 cents at...

  • BRENT CRUDE TURNS POSITIVE ON REPORTS OF IRAN SEIZING U.S.

  • U.S. sees uptick in inflation indicators Tuesday, 28 Apr 2015 | 9:12 AM ET
    The price of fuel is seen on a pump as a customer fills a vehicle at a Sunoco Inc. gas station in Rockbridge, Ohio.

    Energy prices, break-even rates and core inflation rates rise slightly in lead up to Fed meeting. Financial Times reports.

  • LONDON, April 28- Brent crude futures reversed early losses to hold steady on Tuesday as a weaker dollar offset expectations that weekly U.S. crude inventory data will show another record build. Brent June crude futures rose 10 cents to $64.93 a barrel by 1300 GMT after touching a low of $63.90 earlier in the session. June crude rose 10 cents to $57.09 a barrel,...

  • LONDON, April 28- Brent crude futures slipped on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, but a weaker dollar helped to put a floor under prices. Brent June crude futures had slipped 8 cents to $64.75 a barrel by 1058 GMT, after touching a low of $63.90 earlier in the session. June crude fell 26 cents to $56.73 a barrel,...

  • Best nat gas plays: Pro   Tuesday, 28 Apr 2015 | 6:44 AM ET
    Best nat gas plays: Pro

    Scott Hanold, RBC Capital Markets, provides his outlook on natural gas and reveals his top nat gas plays.

  • LONDON, April 28- Oil prices fell on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, withdrawing further from a rally that saw Brent crude futures touch a 4 1/ 2 month high on Friday. Brent June crude futures fell 43 cents to $64.40 a barrel by 0920 GMT. June crude fell 40 cents to $56.59 a barrel.

  • Oil giants getting their costs under control   Tuesday, 28 Apr 2015 | 4:20 AM ET
    Oil giants getting their costs under control

    BP's earnings are "pretty good" but there are clear signs of cost control in the industry, says Chris Wheaton, portfolio manager and analyst of oil and gas at Allianz Global Investors.

  • PARIS— French energy giant Total SA said Tuesday that its net profit slid 20 percent in the first quarter despite a rise in production as slumping oil prices took their toll. The company said net profit for the quarter was $2.66 billion, down from $3.34 billion a year earlier. CEO Patrick Pouyanne said Total is "demonstrating its resilience and profiting from its...

  • Lower oil prices take a slice out of BP's Q1 profits Tuesday, 28 Apr 2015 | 3:10 AM ET

    The London- based company said net income for the quarter was $2.6 billion, compared with $3.5 billion in the same period last year. Underlying replacement cost profit— a measure that strips out fluctuations in the value of reserves— was $2.6 billion compared with $3.2 billion for the same period in 2014.. All of the major oil companies will be taking a hit, said...

  • BP profits fall as oil price bites Tuesday, 28 Apr 2015 | 1:57 AM ET

    Oil major BP reported a fall in profits on Tuesday, as the plunging price of oil continues to hit revenues for the sector.

  • *Saudi Arabia says ready to supply more oil to China if needed. SINGAPORE, April 28- Oil fell more than 1 percent on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high and as Saudi Arabia pledged to supply more oil to China if needed. Brent June crude futures had dropped 75 cents to $64.08 a barrel by 0458 GMT.

  • April 28- Fair and stable oil prices will benefit producers and consumers, allowing global supply and demand to grow at a steady pace, Saudi Arabia's Oil Minister Ali al-Naimi said on Tuesday. The slide in oil prices since the middle of last year deepened after Saudi Arabia and other OPEC nations refused to cut production in November in a bid to maintain market...

  • *Saudi Arabia says ready to supply more oil to China if needed. SINGAPORE, April 28- Oil fell more than 1 percent on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high and as Saudi Arabia pledged to supply more oil to China if needed. Brent June crude futures had dropped 83 cents to $64.00 a barrel by 0152 GMT.

  • Oil ends slightly higher after Iran seizes ship Tuesday, 28 Apr 2015 | 2:53 PM ET
    An oil well owned an operated by Apache Corporation in the Permian Basin is shown in Garden City, Texas, Feb. 5, 2015.

    Oil prices rose on Tuesday on reports Iran had seized a cargo vessel and as the dollar dropped to an eight-week.

  • Oil Minister Ali al-Naimi told officials in Beijing that the kingdom was ready to supply China with additional oil if required, the Saudi Press Agency said on Monday. *A poll of five analysts, taken ahead of weekly inventory reports from industry group the American Petroleum Institute and the U.S. Department of Energy's Energy Information Administration,...

  • Oil rally over? Experts disagree Monday, 27 Apr 2015 | 5:44 PM ET
    Pipelines and oil storage tanks in Cushing, Okla.

    Oil is up over 30 percent since its low in March. One pro predicts the rally will continue, but another says prices will fall near term.

  • Boone Pickens stands by his call that oil goes up Monday, 27 Apr 2015 | 5:05 PM ET
    T. Boone Pickens

    Energy entrepreneur Boone Pickens said on Monday that he is standing by his call that oil goes higher this year and higher next year.