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Oil

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  • Oil demand to increase towards year-end: Pro     Thursday, 21 Aug 2014 | 4:30 AM ET

    Harry Tchilinguirian, head of commodity markets strategy at BNP Paribas, says the oil price correction was due to expectations of oil disruptions over Iraq and Syria, which did not materialize

  • How big a threat is a gas outage to Europe?     Thursday, 21 Aug 2014 | 3:15 AM ET

    Rachel Ziemba, director at Roubini Global Economics, discusses the possibility of gas outages in Europe and what impact this would have.

  • 'Long-term impact' if Scotland leaves UK: CEO     Thursday, 21 Aug 2014 | 3:05 AM ET

    Tony Durrant, CEO of Premier Oil, says there will be a "long-term impact" if Scotland becomes independent.

  • Geopolitical risk premium gone from oil: Pro     Thursday, 21 Aug 2014 | 1:30 AM ET

    Abhishek Deshpande, oil and gas analyst at Natixis, says fundamentals have become important to oil prices as the geopolitical risk premium given to the commodity has gone.

  • US oil ends near $94, propelled by US data Thursday, 21 Aug 2014 | 2:43 PM ET
    Pump jacks and wells in an oil field on the Monterey Shale formation near McKittrick, Calif., March 23, 2014.

    Crude was lifted by supportive economic data from the United States, after a plentiful supply picture and Chinese data pressured prices.

  • TOKYO, Aug 21- New front month U.S. crude futures inched up towards $94 in early Thursday trade as a bigger than expected drop in petroleum stockpiles outweighed news of increased supplies.

  • A read on the energy and industrial space, with DistributionNOW CEO Robert Workman.

  • NEW YORK, Aug 20- U.S. crude oil rose in choppy trading on Wednesday ahead of the September contract's expiration and after government data showed crude stocks in the United States fell sharply last week. U.S. crude stocks slid by 4.5 million barrels last week, the U.S. Energy Information Administration said, more than analysts had expected.

  • Magnum Hunter's fracking plan     Wednesday, 20 Aug 2014 | 3:38 PM ET

    Magnum Hunter Resources CEO Gary Evans, shares his views on future oil and gas prices, and how his company plans to navigate fracking. Evans says recent market highs are being driven by cheap energy.

  • An end to 'blood for oil'? Maybe not just yet Wednesday, 20 Aug 2014 | 2:26 PM ET
    Red Adair fire fighting crew work on a blown-out well damaged by retreating Iraqi soldiers in Al-Ahmadi oil field in southern Kuwait,  March 29, 1991.

    As booming shale pushes U.S. oil production to near 9 million barrels per day, some say U.S. strategic interests are being realigned.

  • NEW YORK, Aug 20- U.S. crude oil rose in choppy trading on Wednesday ahead of the September contract's expiration and after government data showed crude stocks in the United States fell sharply last week. U.S. crude stocks slid by 4.5 million barrels last week, the U.S. Energy Information Administration said, more than analysts had expected.

  • UPDATE 6-U.S. crude oil rises on expiry, EIA stock draw Wednesday, 20 Aug 2014 | 10:45 AM ET

    LONDON, Aug 20- U.S. crude oil rose by more than $1 a barrel ahead of the September contract's expiry on Wednesday and as crude stocks in the United States posted a sharp fall, while Brent bounced off a 14- month low to reach $102.

  • CRUDE FUTURES EXTEND GAINS ON AFTER EIA SAYS TOTAL U.S.

  • *Brent bounces off Tuesday's 14- month low of $101.07. LONDON, Aug 20- U.S. crude oil jumped by more than $1 a barrel ahead of the September contract's expiry on Wednesday, while Brent bounced off a 14- month low to reach $102 as traders bet a 12 percent slide since June was overdone. Brent crude for delivery in October was up 46 cents at $102.02 a barrel by 1100 GMT.

  • LONDON, Aug 20- Brent crude oil edged higher towards $102 a barrel on Wednesday, after slumping to a 14- month low in the previous session, as growing output from Iraq and Libya despite violence in those countries has kept the market well supplied.

  • SINGAPORE, Aug 20- Brent crude futures steadied near 14- month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.

  • Brent holds near 14-month low on plentiful supply Tuesday, 19 Aug 2014 | 11:32 PM ET

    SINGAPORE, Aug 20- Brent crude futures steadied near 14- month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.

  • TOKYO, Aug 20- Japan's customs-cleared crude oil imports fell 2.7 percent in July from the same month a year earlier, while liquefied natural gas imports hit the highest for the month of July on firm demand from utilities amid a total nuclear power plant shutdown, government data showed on Wednesday.

  • US oil ends over $96 as stockpiles plunge Wednesday, 20 Aug 2014 | 2:34 PM ET
    Manual shutdown equipment at an Anadarko Petroleum oil rig in Fort Lupton, Colorado, Aug. 12, 2014.

    Oil pulled away from multi-month lows, as a drop in U.S. oil inventories momentarily overrode concerns about ample supplies.

  • Indonesia faces weak diesel imports for years to come Tuesday, 19 Aug 2014 | 8:24 PM ET
    A station attendant refuels a car at a fuel station in Yogyakarta, Indonesia.

    Indonesia is expected to take a third less of the fuel this year as demand from mining falters and biodiesel use in transport and industry grows.