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  • Commodities tomorrow: Wait, oil was up?  Wednesday, 25 Feb 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Even after an 8.4 million barrel build, oil ended the day over $50.

  • *Saudi Arabia's oil minister said sees demand improvement. NEW YORK, Feb 25- Brent crude oil futures surged 5 percent on Wednesday, after Saudi Arabia's oil minister said oil demand was growing and data showed Chinese factories were producing more than expected. Brent April crude rose $2.97 to settle at at $61.63 a barrel.

  • Crude oil settles at $50.99 per barrel  Wednesday, 25 Feb 2015 | 2:33 PM ET

    What's fueling oil's rally into the close, with CNBC's Jackie DeAngelis.

  • BRENT CRUDE FUTURES EXTEND GAINS TO MORE THAN 5 PERCENT, UP MORE THAN $3/ BBL.

  • *Saudi Arabia's oil minister said sees demand improvement. NEW YORK, Feb 25- Crude oil futures rose on Wednesday after Saudi Arabia's oil minister said oil demand was growing and data showed Chinese factories were producing more than expected. Brent April crude was up $1.34 at $60.00 a barrel at noon EST.

  • 40-vehicle pileup in Maine leaves at least 14 injured Wednesday, 25 Feb 2015 | 12:11 PM ET
    In this photo provided by Maine State Police And Maine Emergency Management, emergency personnel respond to a multi vehicle pileup on Interstate 95 near Bangor, Maine, Wednesday, Feb. 25, 2015.

    At least two are in serious condition after an accident in Etna, Maine that involved cars, a school bus and a tractor trailer.

  • Crude oil inventories build  Wednesday, 25 Feb 2015 | 10:31 AM ET

    CNBC's Jackie DeAngelis reports oil traders are eyeing oil production.

  • CRUDE FUTURES EXTEND LOSSES AFTER EIA DATA SHOWS LARGE CRUDE STOCKS BUILD.

  • CRUDE FUTURES TURN LOWER AHEAD OF EIA DATA AS CRUDE INVENTORY RISE IN API DATA WEIGHS.

  • Navigating oil's slippery slope  Wednesday, 25 Feb 2015 | 7:34 AM ET

    Demand is going up, says Jack Gerard, American Petroleum Institute president and CEO, weighing in on oil prices and increasing U.S. supplies. Also Gerard comments on President Obama's veto of the Keystone pipeline.

  • UPDATE 6-Oil rises to $59 as Saudis say demand growing Wednesday, 25 Feb 2015 | 7:07 AM ET

    *China factory sector at 4- month high in Feb- PMI. LONDON, Feb 25- Brent crude oil rose to around $59 a barrel on Wednesday after data showed Chinese factories were producing more than expected and Saudi Arabia's oil minister said oil demand was growing. China is the world's biggest energy consumer and second largest user of oil behind the United States, and even...

  • *Saudi Arabia's oil minister says markets are calm. LONDON, Feb 25- Brent crude held steady around $59 a barrel on Wednesday as Saudi Arabia's oil minister said oil demand is growing and markets are calm. "Markets are calm now... demand is growing," said minister Ali al-Naimi, the driving force behind OPEC's shift in policy at its November meeting, when the group decided...

  • Demand is growing: Saudi oil minister Wednesday, 25 Feb 2015 | 4:26 AM ET
    The Aramco oil refinery in Dahran, Saudi Arabia.

    Saudi Arabia's oil minister said oil demand is growing and markets are calm, in some of his first public comments since the price of crude rebounded.

  • JIZAN, Saudi Arabia, Feb 25- Saudi Arabia's Oil Minister Ali al-Naimi said on Wednesday that oil demand is growing and markets are calm, in some of his first public comments since the price of crude rebounded from a near six-year low. Oil prices fell by 60 percent between June and January to a post-2009 low of $45 a barrel, before international benchmark North Sea...

  • SINGAPORE, Feb 25- Brent crude edged up towards $59 a barrel on Wednesday, helped by better than expected Chinese factory activity data, the Federal Reserve's flexible stance on U.S. interest rates and the euro zone's approval of reforms proposed by Greece. Brent had climbed 16 cents to $58.82 a barrel by 0537 GMT, while U.S. crude futures fell 11 cents to $49.17 a...

  • SINGAPORE, Feb 25- Brent crude rose marginally towards $59 a barrel on Wednesday, helped by better than expected Chinese factory activity data, the Federal Reserve's flexible stance on U.S. interest rates and the eurozone's approval of reforms proposed by Greece. Brent added 22 cents to $58.88 a barrel by 0317 GMT, while U.S. crude futures fell 2 cents to $49.26 a...

  • Crude ends up on Saudi forecast, China factory data Wednesday, 25 Feb 2015 | 2:32 PM ET
    Pumpjacks operated by XX pump petroleum from the ground on September 23, 2014 near Ruehlermoor, Germany.

    Oil futures climbed on Wednesday even as data showed inventories of U.S. crude increased.

  • SINGAPORE, Feb 25- Brent crude rose marginally towards $59 a barrel on Wednesday, helped by the Fed's flexible stance towards interest rates and the eurozone's approval of Greece's reform plan. Brent added 10 cents to $58.76 a barrel by 0137 GMT, while the U.S. crude futures rose 2 cents to $49.31 a barrel. Investors will also look ahead to world's second-largest...

  • Why BofA remains an oil bear  Tuesday, 24 Feb 2015 | 5:31 PM ET

    With rising supply and a lack of recovery in demand, oil prices will still see downside pressure over the coming months, says Francisco Blaunch, head of Global Commodities Research at Bank of America Merrill Lynch.

  • CRUDE FUTURES ADD TO LOSSES IN POST-SETTLEMENT TRADE ON BIGGER-THAN-EXPECTED CRUDE BUILD IN API DATA.