GO
Loading...

Oil

More

  • US oil settles up 75 cents, or 1.4%, at $53.53 Tuesday, 17 Feb 2015 | 2:39 PM ET

    Oil pared gains after earlier getting support from threats to Middle East supplies and expectations lower prices may curb U.S. output.

  • TOKYO, Feb 17- U.S. crude futures were steady on Tuesday as gains in the dollar following the collapse of Greek debt talks offset supply concerns stoked by growing violence in Libya and uncertainty over exports from Kurdistan. *NYMEX crude for March delivery was down 1 cent at $52.77 a barrel by 0015 GMT, off a one-week high of $53.69 hit on Monday.

  • *Egypt bombs Islamic State targets in Libya. LONDON, Feb 16- Oil rose to near $62 a barrel on Monday, supported by concerns over escalating conflict with Islamic State militants in Libya and predictions of lower supply in the second half of the year. Egypt bombed Islamic State targets inside Libya on Monday and Cairo renewed calls for a U.S.-led coalition to...

  • *Egypt bombs Islamic State targets in Libya. LONDON, Feb 16- Oil rose to near $62 a barrel on Monday, supported by concerns over the escalating conflict with Islamic State militants in Libya and predictions of lower supply levels in the second half of the year. Egypt's air force bombed Islamic State targets inside Libya on Monday and Cairo renewed calls for a...

  • Will oil prices rise in 2015?  Monday, 16 Feb 2015 | 5:15 AM ET

    Discussing volatility in the oil price, Charles Whall, portfolio manager at Investec Asset Management, explains why he thinks the oil price will come back up.

  • EU equities: Expect a bumpy ride ahead  Monday, 16 Feb 2015 | 5:00 AM ET

    Gemma Godfrey, head of investment strategy at Brooks Macdonald Asset Management, gives three reasons why European equities look good in the long term, especially compared with the U.S.

  • *Still searching for missing crew in Brazil. OSLO, Feb 16- Norway's BW Offshore, which provides ships that pump and store oil, cut its dividend on Monday, blaming lower spending by customers due to a fall in crude prices as well as a deadly accident in Brazil last week. On Feb 11, an explosion on one of BW's oil production vessels offshore Brazil killed five employees,...

  • Ukraine crisis: Sanctions are here to stay  Monday, 16 Feb 2015 | 4:00 AM ET

    Neil Shearing, chief emerging markets economist at Capital Economics, says that both Ukraine and Russia are a long way off a sustainable solution, and sanctions will remain for some time to come.

  • KUWAIT, Feb 16- Kuwait's oil minister said on Monday he expected the current oil price rally to continue into the second half of 2015 as the global supply surplus shrinks. Oil prices steadied on Monday with benchmark Brent trading up 3 cents to $61.55 per barrel by 0620 GMT. Saudi Arabia's oil minister Ali al-Naimi discussed a "relative improvement in the market in...

  • SINGAPORE, Feb 16- Oil prices steadied on Monday as Japan's economy emerged from recession and as strong demand for refined products translated into healthy orders for crude. Japan's economy rebounded from recession in the final quarter of last year, supporting oil prices, even though the data was weaker than expected. Benchmark Brent crude futures were...

  • Oil may fall again … but buy energy stocks? Monday, 16 Feb 2015 | 12:32 AM ET
    A worker checks the valve of an oil pipe at an oil field near the village of Nikolo-Berezovka, Russia.

    Oil's recovery may be short-lived, but some analysts believe now is the time to get back into energy stocks.

  • Now is the time to look at oil stocks: Pro  Sunday, 15 Feb 2015 | 9:30 PM ET

    Despite risks of further downside, investors should take the opportunity to create a position in oil now, says Gaurav Sodhi, resources analyst at Intelligent Investor.

  • Oil prices steady as Japan emerges from recession Sunday, 15 Feb 2015 | 9:16 PM ET

    *Brent rose above $60 a barrel last week as US rig count fell. SINGAPORE, Feb 16- Oil prices were steady on Monday, with traders saying the recent upward momentum was continuing as Japan emerged from recession and after U.S. oil drilling fell. Japan's economy rebounded from recession in the final quarter, and although the data was weaker than expected, the return to...

  • Oil near $62, Kuwait sees prices supported Monday, 16 Feb 2015 | 8:10 AM ET
    Pumpjacks operated by XX pump petroleum from the ground on September 23, 2014 near Ruehlermoor, Germany.

    Oil rose to near $62 a barrel, supported by concerns over the escalating conflict with Islamic State militants in Libya.

  • NYMEX-Oil extends gains, Brent hits 8-week high Sunday, 15 Feb 2015 | 7:07 PM ET

    TOKYO, Feb 16- U.S. crude futures rose for a third straight session, while Brent hit an eight-week high above $62 a barrel after another drop in the U.S. rig count signaled the pressure producers face from low oil prices. *NYMEX crude for March delivery was up 43 cents at $53.21 a barrel by 2353 GMT, after settling up $1.57 on Friday. *London Brent crude for April delivery...

  • CHICAGO, Feb 13- Craig Uden, who fattens cattle for beef on his Nebraska feedlot, expects to cut his energy costs by as much as a quarter this year because of falling oil prices- a silver lining in an otherwise tough rural economy. Midwest grains belt, oil's recent drop could save farmers more than $1.1 billion in 2015, cutting $8 from the roughly $600- per-acre...

  • Commodities next week: Energy up today  Friday, 13 Feb 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Rig counts declined and Europe appears to be getting stronger. Nat gas and gold were up on the day, as well.

  • The Week Ahead: 2015 Fashion Week  Friday, 13 Feb 2015 | 4:02 PM ET

    CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories.

  • How $30 oil could be worse than you think: CEO Friday, 13 Feb 2015 | 3:57 PM ET
    An oil well in the Permian Basin is shown in Garden City, Texas, Feb. 5, 2015.

    One Texas-based CEO explained Friday how very cheap oil could hurt people.

  • The Street's favorite S&P 500 stocks for 2015 Friday, 13 Feb 2015 | 3:52 PM ET
    A Nabors Industries floor hand uses a towel to wipe drilling fluid from a section of pipe on a crude oil rig outside New Town, N.D.

    Wall Street believes many oil stocks will emerge from their funk this year, according to a report from Birinyi Associates.