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  • UPDATE 1-Oil prices edge up after two days of steep falls Wednesday, 27 May 2015 | 10:15 PM ET

    SINGAPORE, May 28- Crude oil prices recovered on Thursday after a two-day slide, although high U.S. stocks and strong global production, along with a firm dollar, were keeping markets under pressure. Industry group American Petroleum Institute said after the market's settlement that U.S. crude inventories rose by 1.3 million barrels last week, following three...

  • NYMEX-Oil prices edge up after two days of steep falls Wednesday, 27 May 2015 | 8:54 PM ET

    SINGAPORE, May 28- Crude oil prices edged up on Thursday morning after a two-day slide, although high U.S. stocks and strong global production, along with a firm dollar, were keeping markets under pressure. *Front-month U.S. crude futures were up 25 cents from their last settlement at $57.76 per barrel by 0040 GMT on Thursday. *Brent futures climbed 40 cents to $62.46 a...

  • Commodities tomorrow: Oil continues slide   Wednesday, 27 May 2015 | 4:00 PM ET
    Commodities tomorrow: Oil continues slide

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil prices were down again today, and traders think the downward slide is likely to continue.

  • Transports red flags   Wednesday, 27 May 2015 | 2:02 PM ET
    Transports red flags

    Digging into the woes setting up for the transport companies, with Donald Broughton, Avondale Partners, and Brandon Oglenski, Barclays.

  • UPDATE 6-Oil falls below $63 as dollar strengthens Wednesday, 27 May 2015 | 9:50 AM ET

    LONDON, May 27- Crude oil futures reversed early gains to fall below $63 a barrel on Wednesday as the dollar's recovery from early losses outweighed expectations of a draw on U.S. oil stocks. July Brent crude fell 83 cents to $62.89 a barrel by 1347 GMT, down from an intraday high of $64.67, while U.S. crude was down 21 cents at $57.82 after touching $58.95 earlier in the...

  • UPDATE 5-Oil slips as dollar recovers Wednesday, 27 May 2015 | 9:04 AM ET

    LONDON, May 27- Crude oil futures reversed early gains to fall towards $63 a barrel on Wednesday as the dollar's recovery from early losses outweighed expectations of a draw on U.S. oil stocks. July Brent crude fell 37 cents to $63.35 a barrel by 1245 GMT, down from an intraday high of $64.67, while U.S. crude was down 13 cents at $57.90 after touching $58.95 earlier in...

  • UPDATE 4-Oil pares gains as dollar recovers Wednesday, 27 May 2015 | 6:55 AM ET

    LONDON, May 27- Crude oil futures edged up on Wednesday on expectations that U.S. crude stocks fell for a fourth straight week, but prices pared early gains as the dollar reversed losses. July Brent crude was up 13 cents at $63.85 a barrel by 1043 GMT, easing back from an early high of $64.67, while U.S. crude was up 23 cents at $58.26 a barrel after touching $58.95 earlier...

  • The Russian billionaires hit hard by oil's plunge Wednesday, 27 May 2015 | 7:34 AM ET
    Russian billionaire Alisher Usmanov (centre) among other businessmen

    The sharp fall in global oil prices has had a deep impact not only on the global economy, but on the fortunes of Russian billionaires.

  • Energy opportunities: A time of great change   Wednesday, 27 May 2015 | 5:10 AM ET
    Energy opportunities: A time of great change

    Michele Della Vigna, head of European energy research at Goldman Sachs, discusses which companies will find opportunities during a volatile oil price period.

  • LONDON, May 27- Crude futures rose about 1 percent on Wednesday to recover some ground after steep drops in the previous session, boosted by a weaker dollar and expectations that U.S. crude stocks fell for a fourth straight week. July Brent crude gained 64 cents to $64.36 a barrel by 0851 GMT, while U.S. crude was up 68 cents at $58.71 a barrel. "We are hostages a little bit...

  • SINGAPORE, May 27- Crude futures rose about 1 percent on Wednesday to recover some ground after steep drops in the previous session, boosted by expectations that U.S. crude stocks could fall for a fourth straight week. Prices were also supported by comments from western diplomats that a nuclear deal with Iran was unlikely by a June 30 deadline, and the oil producer...

  • UPDATE 1-Oil rebounds, U.S. crude stocks in focus Wednesday, 27 May 2015 | 2:20 AM ET

    SINGAPORE, May 27- Crude futures rose on Wednesday to recover some ground after steep drops in the previous session, boosted by expectations that U.S. crude stocks could fall for a fourth straight week. Prices were also supported by comments from western diplomats that a nuclear deal with Iran was unlikely by a June 30 deadline, and the oil producer would not get...

  • SINGAPORE, May 27- Crude futures rose on Wednesday to recover ground from sharp drops in the previous session, boosted by expectations that U.S. crude stocks could fall for a fourth straight week. Prices were also supported by comments from western diplomats that a nuclear deal with Iran was unlikely by a June 30 deadline and that the oil producer would not get...

  • Oil ends lower on dollar strength, awaits data Wednesday, 27 May 2015 | 2:31 PM ET
    An oil well owned an operated by Apache Corp. in the Permian Basin, Garden City, Texas.

    A resurgent dollar weighed on crude ahead of inventory data expected to show whether fuel demand was accelerating.

  • SINGAPORE, May 27- Crude oil prices stabilised on Wednesday after falling sharply in the previous session, with western diplomats saying a nuclear deal with Iran was unlikely by a June 30 deadline. *Front-month U.S. crude futures were up 35 cents from their last settlement at $58.38 per barrel by 0019 GMT on Wednesday. The U.S. dollar rallied this week and remains...

  • Commodities tomorrow: Oil range-bound for summer?   Tuesday, 26 May 2015 | 4:00 PM ET
    Commodities tomorrow: Oil range-bound for summer?

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A stronger dollar and a flattening rig count number helped push down crude prices.

  • Oil to stabilize amid production worries: Expert Tuesday, 26 May 2015 | 4:23 PM ET
    A worker at Endeavor Energy Resources LP's Big Dog Drilling Rig 22 in the Permian Basin outside Midland, Texas, on Dec. 12, 2014.

    Despite falling Tuesday amid fear of production hikes, crude oil prices may stabilize based on recent trends, an expert said.

  • Has oil turned a corner?   Tuesday, 26 May 2015 | 2:09 PM ET
    Has oil turned a corner?

    Kyle Cooper, IAF Advisors & Criterion Research, discusses oil production and rig counts as the price of crude is on the decline.

  • Futures Now: Strong dollar crushes oil   Tuesday, 26 May 2015 | 12:32 PM ET
    Futures Now: Strong dollar crushes oil

    The Futures Now team discusses the dollar impact on oil.

  • *U.S. producers to ramp up output with WTI at $60- Goldman Sachs. *Rising dollar, falling oil start of new trend- Morgan Stanley. "We believe that should West Texas Intermediate prices remain near $60 a barrel, U.S. producers will ramp up activity, given improved returns, with costs down by at least 20 percent," Goldman Sachs said.