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  • CRUDE FUTURES NARROWS MORE THAN $1 TO LESS THAN $3 A BARREL.

  • Making Saudi Arabia's market 'normal'

    For the first time, foreigners can now buy and sell shares in listed companies on the Saudi Arabian stock exchange. John Burbank, Passport Capital founder and CIO, discusses investing in Saudi Arabia.

  • High prices at the pump Monday, 15 Jun 2015 | 7:00 AM ET
    High prices at the pump

    Gasoline prices slow their rise in the latest Lundberg survey.

  • *Commerzbank sees Brent in range $60 to $65. LONDON, June 15- Oil prices fell on Monday as the Greek debt crisis helped boost the dollar, making fuel more expensive to holders of other currencies, and as United Nations talks offered a chance for peace in Yemen where crude exporter Saudi Arabia is involved in a civil war. Production has been increasing in top OPEC...

  • Fracking: On its way to the UK? Monday, 15 Jun 2015 | 9:31 AM ET
    Fracking equipment in Colorado

    The path towards controversial gas extraction method fracking in the U.K. has been paved, with a north of England site likely the first to use it.

  • *Commerzbank sees Brent in range $60 to $65. LONDON, June 15- Oil prices steadied on Monday as a storm that could impact the Gulf of Mexico raised concerns over U.S. production but talks in Geneva offered a chance for peace in Yemen where top crude exporter Saudi Arabia has been involved in a civil war. Brent has fallen from a high above $66 last week and appears to be...

  • SINGAPORE, June 15- Oil prices stabilized after early falls on Monday as a storm that could impact Gulf of Mexico operations supported U.S. crude and Saudi-led air strikes on Yemen's capital pushed up international Brent contracts. In the Middle East, warplanes from a Saudi-led coalition bombarded Yemen's capital Sanaa overnight, a Reuters witness said, as the...

  • Despite stronger demand, ANZ stays bearish on oil Monday, 15 Jun 2015 | 12:42 AM ET
    Despite stronger demand, ANZ stays bearish on oil

    The outlook for stronger demand could lead to higher oil prices, which will likely result in more supply coming back into the market, says Daniel Hynes, senior commodity strategist at ANZ.

  • *Gulf of Mexico storm likely to develop into cyclone strength. SINGAPORE, June 15- Oil prices extended declines on Monday after two straight days of losses late last week as high production offset strong refinery runs, but a storm that could impact Gulf of Mexico operations supported U.S. crude. Front-month U.S. crude had fallen 24 cents to $59.72 a barrel by 0334...

  • If Saudi raises output, markets will shrug it off: Pro Sunday, 14 Jun 2015 | 10:37 PM ET
    If Saudi raises output, markets will shrug it off: Pro

    Andrew Su, CEO of Compass Global Markets, says markets have priced in the possibility of Saudi Arabia increasing its production so it is unlikely for oil prices to fall below $50 a barrel.

  • SINGAPORE, June 15- Oil prices extended declines on Monday after two straight days of losses late last week as high production offset strong refinery runs, but a storm that could impact Gulf of Mexico operations supported U.S. crude. Front month U.S. crude had fallen 26 cents to $59.70 a barrel by 0123 GMT. The smaller drop in U.S. prices was a result of a large tropical...

  • Still cautious about oil in the near term: Analyst Sunday, 14 Jun 2015 | 7:45 PM ET
    Still cautious about oil in the near term: Analyst

    While last week's data showed declining U.S. stockpile, it was coming off an awfully high base, says Gaurav Sodhi, senior analyst with Intelligent Investor.

  • Oil ends lower on dollar, Yemen peace talks Monday, 15 Jun 2015 | 2:40 PM ET
    Rusted out 'pump-jacks' in the oil town of Luling, Texas.

    Oil prices fell on Monday as the Greek debt crisis helped boost the dollar and as United Nations talks offered a chance for peace in Yemen.

  • SINGAPORE, June 15- U.S. crude opened this week's trading with further drops following two straight days of declines on Thursday and Friday as high production globally offset healthy refining demand. *Front month U.S. crude futures were down 16 cents to $59.80 a barrel by 0011 GMT. *The euro slipped in early Asian trade on Monday, after Greece's talks with lenders to...

  • Nigeria starts investigating crude oil swap contracts Saturday, 13 Jun 2015 | 4:16 AM ET
    A worker inspect facilities on an upstream oil drilling platform at the Total oil platform at Amenem, 35 kilometers away from Port Harcourt in the Niger Delta in 2009.

    Nigeria is probing whether it was short-changed by deals to swap crude for refined products, the state oil company, traders and a security source said.

  • *Saudi Arabia ready for new record highs in crude supply. NEW YORK, June 12- Oil slid on Friday for a second day, giving back more of the week's gains as investors took profits on worries that higher Saudi Arabia output would feed the global supply glut. The number of oil rigs in the United States notched another weekly decline, but crude prices did not move much on the...

  • The week ahead: Following the Fed Friday, 12 Jun 2015 | 4:02 PM ET
    The week ahead: Following the Fed

    CNBC's Mandy Drury looks ahead to what are likely to be next week's top business and financial stories. The Paris Air Show is next week and the Fed Chair Janet Yellen with have a press conference Wednesday.

  • Nat gas summer surge Friday, 12 Jun 2015 | 1:13 PM ET
    Nat gas summer surge

    Discussing the outlook for natural gas demand for the summer, with Dan Leonard, Weather Services International.

  • BP penalty ruling could come very soon Friday, 12 Jun 2015 | 11:26 AM ET
    Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010.

    U.S. District Judge could be close to fining energy company BP for 2010 Deepwater Horizon oil spill, the Times Picayune reported.

  • CRUDE DOWN $1 A BARREL, BRENT NEARLY $1 OFF TOO; TRADERS CITE PRE-WEEKEND SELLING.