GO
Loading...

Oil

More

  • Oil's epic move a head fake?  Tuesday, 3 Feb 2015 | 3:25 PM ET
    A tanker truck passes the Valero Energy Bill Greehey refinery in Corpus Christi, Texas, Oct. 4, 2012.

    CNBC's Jackie DeAngelis reports which factors took the price of crude higher Tuesday.

  • Oil expert: This is a ‘dead cat bounce’ Tuesday, 3 Feb 2015 | 2:33 PM ET
    Rig floorhands clean a drilling pipe at a natural gas well in the Eagle Ford shale in Karnes County, Texas.

    Tuesday's rally aside, Stephen Schork says $40 oil is around the corner.

  • Crude oil settles up $3.48  Tuesday, 3 Feb 2015 | 2:32 PM ET

    CNBC's Jackie DeAngelis reports where crude oil settled for the day.

  • Boost from cheap gas  Tuesday, 3 Feb 2015 | 2:19 PM ET

    Lower gas prices increases affordability, which can drive car sales, explains former General Motors vice chairman Bob Lutz.

  • Demand for bigger cars  Tuesday, 3 Feb 2015 | 2:16 PM ET

    Are lower gas prices having an impact on car sales? CNBC's Phil LeBeau explains the impact to the type of vehicle people are buying during a period of cheaper gas.

  • Citi: No oil bottom yet  Tuesday, 3 Feb 2015 | 2:08 PM ET

    Edward Morse, Citi's head of commodities research, isn't so sure oil has bottomed yet.

  • Belski: Great unwind of last cycle  Tuesday, 3 Feb 2015 | 2:02 PM ET

    Discussing the pullback in oil, and the health of current market fundamentals, with Brian Belski, BMO Capital Markets.

  • The crude impact: Small businesses save and invest  Tuesday, 3 Feb 2015 | 1:44 PM ET

    Main Street's benefits due to falling crude prices go beyond just consumer spending, reports CNBC's Kate Rogers.

  • Bank bets on oil rebound to $65, names 10 stocks Tuesday, 3 Feb 2015 | 2:04 PM ET
    Idled oil well pump jacks sit in the yard at Wood Energy Inc. in Woodlawn, Ill, Jan. 20, 2015.

    Stifel is recommending clients buy these 10 stocks to bet on an oil rebound.

  • *Dollar heads for sharpest one-day loss since July 2013. NEW YORK, Feb 3- Oil prices rose on Tuesday, headed for the biggest four-day advance since January 2009 as a tumbling dollar sent commodities rallying. Benchmark Brent crude oil was up $3.77 at $58.52 a barrel by 2:02 p.m. ET.

  • News out of OPEC has changed: Pro  Tuesday, 3 Feb 2015 | 1:05 PM ET

    Peter Amandio, Chicago Energies Inc., thinks oil will test up to $60 in the short-term.

  • MOSCOW, Feb 3- Russia would lose some $160 billion over a year if oil prices averaged $45 per barrel, Central Bank Governor Elvira Nabiullina said on Tuesday. "The decrease in oil prices from $100 to $45 per barrel has led to a drop in export revenues of $160 billion in annual terms, according to our estimates," Nabiullina told journalists. International oil benchmark...

  • National Oilwell warns of 'severe downturn' in 2015 Tuesday, 3 Feb 2015 | 12:40 PM ET
    Workers, bottom left, walk near National Oilwell Varco Inc. (NOV) oil duct reels at the Acu Port in Sao Joao da Barra, Brazil.

    National Oilwell Varco warned of a severe downturn in its business after orders for its drilling parts plunged nearly 90 percent.

  • "You've got a number of themes working to push the market higher," said Phil Flynn, analyst at Price Futures Group in Chicago. Benchmark Brent crude oil was up $1.41 at $56.16 a barrel by 1724 GMT, after rallying to a one-month high of $57.23. U.S. crude, or WTI, rose $1.47 to $51.04, having reached $51.55 earlier.

  • "You've got a number of themes working to push the market higher," said Phil Flynn, analyst at Price Futures Group in Chicago. Benchmark Brent crude oil was up $1.28 at $56.03 a barrel by 1653 GMT, after rallying to a one-month high of $57.23. U.S. crude, or WTI, rose $1.13 to $50.70, having reached $51.55 earlier.

  • Anadarko CEO sees big cuts in capex in 2015 Tuesday, 3 Feb 2015 | 12:01 PM ET
    Fracking crews member watches over water tanks at an Anadarko Petroleum Corporation site near Brighton, Colorado.

    Anadarko's capital expenditures in 2015 will be sharply lower than last year because of the collapse in crude oil prices, the company's CEO said.

  • Analyst: Dipping toe back into oil  Tuesday, 3 Feb 2015 | 12:00 PM ET

    Mike Scialla, Stifel Nicolaus analyst, is seeing the right ingredients for a rebound in oil prices.

  • Sorry, but the oil rout isn't over yet: Analyst Tuesday, 3 Feb 2015 | 11:54 AM ET
    Crews work at Anadarko's centralized fracking facility and drill site near Fort Lupton, Colorado.

    Despite a 15 percent jump in oil prices since Thursday, U.S. crude is not heading back to $55 per barrel, Stewart Glickman told CNBC.

  • Iranian fuel oil exports trade skirts sanctions Tuesday, 3 Feb 2015 | 11:34 AM ET

    DUBAI, Feb 3- Iran is sidestepping Western sanctions and managing to sell hundreds of thousands of tonnes of fuel oil every month through companies based in the U.S.-allied United Arab Emirates, trading sources told Reuters. But Tehran has been using innovative methods to circumvent the restrictions, several Middle East- based trading sources said.

  • Cashin: Buying heavily influenced by oil  Tuesday, 3 Feb 2015 | 11:26 AM ET

    Dissecting oil's impact on today's trade, with Art Cashin of UBS.