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  • NEW YORK, Jan 12- Stock markets around the world mostly fell on Monday as oil prices showed no sign of breaking their prolonged downward spiral, prompting further losses in beleaguered energy shares. U.S. crude futures slumped 4.1 percent to $46.39 per barrel, the lowest level since 2009, while Brent crude lost 4.9 percent as Goldman Sachs slashed its short-term...

  • LONDON, Jan 12- European shares ended higher in volatile trade on Monday as slumping oil prices lifted shares of companies that benefit from lower fuel prices, such as airline Lufthansa, helping to offset a fall in energy companies' shares. Traders blamed a report by analysts at bank Goldman Sachs, who cut their three-month forecasts for Brent to $42 a barrel from...

  • Another year of double-digit returns? Monday, 12 Jan 2015 | 12:39 PM ET

    The good times aren't over yet for the stock market, says floor trader Kenny Polcari. But buckle up—it could be a bumpy ride!

  • Jan 12- Canadian Natural Resources Ltd, the country's largest independent oil producer, said on Monday it would defer the first phase of its 40,000- barrel-per-day Kirby North thermal project in northern Alberta until crude prices stabilize. CNRL, which has operations in Western Canada, Britain's North Sea and offshore West Africa, now plans to spend C $6.2...

  • NEW YORK, Jan 12- Oil slumped 5 percent to near six-year lows on Monday, accelerating its months-long rout after Goldman Sachs slashed its short-term price forecasts and Gulf producers showed no signs of curbing output. Brent was down $2.34 to $47.78 a barrel by 11:47 a.m. EST, after dropping as low as $47.18 to its lowest since April 2009. Analysts at Goldman...

  • Oil drop hits stocks  Monday, 12 Jan 2015 | 12:00 PM ET

    The FMHR traders discuss their view of the decline in oil prices, and whether there are signals of stabilization.

  • When—and where—oil is too cheap to be profitable Monday, 12 Jan 2015 | 11:43 AM ET

    Lower prices could make oil unprofitable to pull out of the ground. But we're not there yet, according to energy consultant Wood Mackenzie.

  • *Goldman cuts 3- month Brent forecast to $42 from $80. NEW YORK, Jan 12- Oil slumped 5 percent to near six-year lows on Monday, accelerating its months-long rout after Goldman Sachs slashed its short-term price forecasts and Gulf producers showed no signs of curbing output. Analysts at Goldman Sachs cut their three-month forecasts for Brent to $42 a barrel from...

  • The equity selloff, which started on Wall Street and quickly spread to Europe, mirrored a new plunge in the price of oil, with Brent crude setting a new low at $47.61/ barrel as the U.S. trading day got underway. Traders blamed a report by analysts at bank Goldman Sachs, who cut their three-month forecasts for Brent to $42 a barrel from $80. "Goldman Sachs' report on oil has...

  • Voices grow stronger for federal gas tax hike Monday, 12 Jan 2015 | 10:41 AM ET
    Sen. Bob Corker, R-Tenn., delivers opening remarks during a hearing on Capitol Hill, Dec. 9, 2014, in Washington.

    Some senators have proposed raising the federal gas tax by 12 cents over two years and indexing it to inflation. USA Today reports.

  • LONDON, Jan 12- Hedge funds have raised the number of their bets on a rise in the price of Brent crude to the highest since July, data showed on Monday, as speculators position for a possible rebound in oil prices following a near 60 percent collapse. Funds and other large speculators have been adding to positions betting on higher prices since October, even as prices...

  • CRUDE OIL FUTURES FALL BELOW $46 A BARREL FOR THE FIRST TIME SINCE APRIL 2009.

  • NEW YORK, Jan 12- Stock markets around the world fell on Monday as oil prices showed no sign of escaping their downward spiral, prompting further losses in the beleaguered energy sector. U.S. crude futures slumped 4.1 percent to $46.34, the lowest level since 2009, while Brent crude lost 4.4 percent as Goldman Sachs slashed its short-term price forecasts and Gulf...

  • The positives of lower oil  Monday, 12 Jan 2015 | 10:00 AM ET

    Discussing the precipitous drop in energy prices and global demand for oil, with Bill Stone, PNC Asset Management Group, and Bob Doll, Nuveen Asset Management.

  • Matrix's Katz sees Qualcomm comeback Monday, 12 Jan 2015 | 5:30 AM ET
    Qualcomm signage and a shadow of CEO Steve Mollenkopf

    David Katz, member of Squawk Box's inaugural Portfolio Challenge, believes that Qualcomm and an energy giant will do well with oil's recovery.

  • LONDON, Jan 12- Oil renewed its decline on Monday, dropping nearly 5 percent to below $48 a barrel as Goldman Sachs slashed its short-term price forecasts and Gulf producers showed no signs of curbing output. Analysts at Goldman Sachs cut their three-month forecasts for Brent to $42 a barrel from $80 and for the U.S. The bank cut its 2015 Brent forecast to $50.40 a...

  • Cramer: 'Get negative on everything' oil Monday, 12 Jan 2015 | 10:17 AM ET
    Jim Cramer

    CNBC's Jim Cramer says analysts need to cut their oil outlook in order for energy stocks to bottom.

  • *Foundation Medicine jumps; Roche to take majority stake. Oil prices continued their downward march and weighed on equities, with both Brent and U.S. crude down about 4 percent as Goldman Sachs slashed its short-term price forecasts and Gulf producers showed no signs of curbing output. "During this cycle, since the beginning of the precipitous selloff in the...

  • BRENT CRUDE OIL FUTURES FALL BELOW $48 A BARREL FOR THE FIRST TIME SINCE APRIL 2009.

  • Cramer questions Tiffany's execution  Monday, 12 Jan 2015 | 9:04 AM ET

    CNBC' Jim Cramer discusses the outlook for luxury retailer Tiffany and Lululemon.