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  • The boat indicator   Thursday, 28 May 2015 | 2:33 PM ET
    The boat indicator

    Dusty McCoy, Brunswick CEO, discusses boat sales and the impact low oil has had on the overall business.

  • Oil production up   Thursday, 28 May 2015 | 2:31 PM ET
    Oil production up

    CNBC's Jackie DeAngelis tracks oil's action into the close.

  • US oil production hits 43-year high ahead of OPEC Thursday, 28 May 2015 | 2:17 PM ET
    An oil well owned an operated by Apache Corporation in the Permian Basin is shown in Garden City, Texas, Feb. 5, 2015.

    From a supply and demand standpoint, record production in the US confirms that global supplies are ramping up in the face of lower prices.

  • NEW YORK, May 28- Oil prices were mixed on Thursday, with Brent up slightly and U.S. crude hovering near one-month lows, on concerns the rate of weekly drawdowns in U.S. crude stocks will not last. The U.S. Energy Information Administration said crude oil inventories fell by 2.8 million barrels last week, ahead of Monday's Memorial Day holiday, which unofficially...

  • UPDATE 7-Oil steadies after U.S. crude data Thursday, 28 May 2015 | 11:25 AM ET

    LONDON, May 28- Oil prices steadied on Thursday on news that U.S. crude stocks fell for a fourth week, suggesting the U.S. market was rebalancing after a long period of oversupply. Data from the Energy Information Administration on Thursday showed crude oil inventories fell by 2.8 million barrels in the last week, compared with analysts' expectations for an...

  • The best hurricane forecasting model isn't American Thursday, 28 May 2015 | 11:13 AM ET
    A satellite image of Hurricane Earl (left) and Tropical Storm Fiona in the Atlantic Ocean on Aug. 31, 2010.

    Europe has the best hurricane forecasting model, for a variety of reasons, including funding. The U.S. could catch up if it was organized better.

  • US crude production rising   Thursday, 28 May 2015 | 11:00 AM ET
    US crude production rising

    CNBC's Jackie DeAngelis reports crude oil inventories fell 2.8 million barrels for the week that ended May 22.

  • Nat gas inventories up 112 bcf   Thursday, 28 May 2015 | 10:30 AM ET
    Nat gas inventories up 112 bcf

    CNBC's Jackie DeAngelis reports on an injection of 112 billion cubic feet of natural gas out of the EIA weekly storage report.

  • UPDATE 6-Oil drops as dollar rally resumes Thursday, 28 May 2015 | 10:15 AM ET

    LONDON, May 28- Oil prices fell to their lowest levels in a month on Thursday as the dollar resumed a 10- day rally, making fuel more expensive for holders of other currencies. "Much depends on the U.S. dollar," said Carsten Fritsch, senior oil and commodities analyst at Commerzbank in Frankfurt. Front-month Brent was down 40 cents at $61.66 a barrel by 1410 GMT.

  • Why energy tax breaks we take should go away: CEO Thursday, 28 May 2015 | 10:14 AM ET
    Electric meter

    Two energy chief executives disagree about the risks of relying too heavily on renewable sources.

  • Watch Costco from sidelines: Pro   Thursday, 28 May 2015 | 10:05 AM ET
    Watch Costco from sidelines: Pro

    Paul Trussell, Deutsche Bank analyst, discusses what you should be doing with Costco stock and other stocks that show opportunity.

  • KHOBAR, Saudi Arabia, May 28- Saudi Aramco may raise the number of its oil and gas drilling rigs to as high as 250 next year if oil prices continue to firm and as domestic demand for gas increases, industry sources said on Thursday. Brent oil is now around $62 a barrel, up from a low of $45 in January though still far from the $100 mark which Saudi officials said they...

  • Oil price: Why further falls may be on the way Thursday, 28 May 2015 | 8:51 AM ET
    Gas prices

    Those hoping for a bit of oil price stability after the past few months’ volatility may be disappointed.

  • UPDATE 5-Oil steadies ahead of U.S. inventory data Thursday, 28 May 2015 | 7:48 AM ET

    LONDON, May 28- Oil prices steadied on Thursday after a two-day slide as investors awaited data from the U.S. Energy Information Administration to see how American oil production was responding to a recent surge in prices. Industry group American Petroleum Institute said on Wednesday that U.S. crude oil inventories rose by 1.3 million barrels last week,...

  • OPEC not expected to cut production: Report   Thursday, 28 May 2015 | 7:37 AM ET
    OPEC not expected to cut production: Report

    John Kilduff, Again Capital, shares his outlook on oil production and prices.

  • Buy oil during hurricane season? It actually works Thursday, 28 May 2015 | 7:00 AM ET
    Operations map at the National Hurricane Center.

    A lot of research has gone into how the markets perform during this season, and a few insights stick out to help the best investors brace themselves.

  • LONDON, May 28- Oil prices recovered on Thursday after a two-day slide as the dollar weakened, making fuel less expensive for holders of other currencies. "Much depends on the U.S. dollar," said Carsten Fritsch, senior oil and commodities analyst at Commerzbank in Frankfurt. Front-month Brent was up 65 cents at $62.71 a barrel by 0815 GMT.

  • UPDATE 3-Oil prices rise ahead of US inventories data Thursday, 28 May 2015 | 2:42 AM 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...

  • UPDATE 2-Oil prices edge up ahead of US inventories data Thursday, 28 May 2015 | 12:11 AM 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...

  • Oil ends up as US production rises, stockpiles fall Thursday, 28 May 2015 | 2:38 PM ET
    Pipeline and crude storage tanks in Cushing Oklahoma.

    Oil prices fell earlier to their lowest levels in a month as the dollar resumed a 10-day rally.