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  • BRENT CRUDE FUTURES DROP $1 TO $85.22/ BBL, U.S.

  • Cashin: Canada shooting reintroduces market fears     Wednesday, 22 Oct 2014 | 1:37 PM ET
    Art Cashin

    Art Cashin of UBS, discusses the shooting in Ottawa on Parliament Hill, and fears around lone wolf events.

  • "The large crude oil build is the dominant feature of the report, making it bearish overall," said John Kilduff, partner at Again Capital LLC in New York. By midday, Brent crude was down 31 cents at $85.91 a barrel at 12:24 EST. Brent has tumbled from $115 in June on abundant supply, OPEC's reluctance to curb output and concerns that slowing economic growth in Europe and...

  • CRUDE FUTURES EXTEND LOSSES, BRENT TURNS LOWER AFTER EIA DATA SHOWS BIG CRUDE OIL INVENTORY RISE.

  • Crude oil up 7.1 million barrels     Wednesday, 22 Oct 2014 | 10:30 AM ET

    CNBC's Jackie DeAngelis reports WTI is pretty much flat and crude oil inventories increased 7.1 million barrels.

  • *U.S. CRUDE FUTURES TURN NEGATIVE, REVERSING EARLIER GAINS Wednesday, 22 Oct 2014 | 10:15 AM ET
  • DUBAI, Oct 22- Iran's dependence on oil revenue is putting the Islamic Republic's economy at the mercy of major powers, Supreme Leader Ayatollah Ali Khamenei said on Wednesday. Iran's budget is based on oil priced at around $100 a barrel while Brent crude is currently below $87. While Islamic hardliners in Iran have been quick to blame Saudi Arabia for the price...

  • UPDATE 3-Oil holds above $86, extending fragile recovery Wednesday, 22 Oct 2014 | 4:57 AM ET

    LONDON, Oct 22- Oil edged further above $86 a barrel on Wednesday after an industry report showed a smaller-than-expected rise in U.S. crude inventories, extending a tentative recovery from a four-year low. Global benchmark Brent slid from $115 a barrel in June to below $83 last Thursday on abundant global supplies and concern that slowing economic growth in...

  • Total names Pouyanne and Desmarest at top positions Wednesday, 22 Oct 2014 | 7:15 AM ET
    Thierry Desmarest

    Total has confirmed that Patrick Pouyanne, head of refining up until now, will take over as chief executive, and Thierry Desmarest as chairman.

  • UPDATE 1-Brent holds above $86 as buyers slowly return Wednesday, 22 Oct 2014 | 1:42 AM ET

    *No immediate oil glut- Standard Chartered Bank. SINGAPORE, Oct 22- Brent crude futures steadied above $86 a barrel on Wednesday, clinging to gains from the previous session as buyers gradually returned to a market hammered to four-year lows by abundant supply. Brent crude for December delivery was up 17 cents at $86.39 at 0525 GMT, pulling further away from last...

  • Brent holds above $86 as buyers slowly return Tuesday, 21 Oct 2014 | 11:51 PM ET

    *No immediate oil glut- Standard Chartered Bank. SINGAPORE, Oct 22- Brent crude futures steadied above $86 a barrel on Wednesday, clinging to gains from the previous session as buyers gradually returned to a market hammered to four-year lows by abundant supply. Brent crude for December delivery was up 3 cents at $86.25 at 0329 GMT, pulling further away from last...

  • Oil dips after second consecutive U.S. stock build Wednesday, 22 Oct 2014 | 2:38 PM ET

    Oil prices slipped on Wednesday after data showed a second consecutive weekly jump in U.S. crude oil stockpiles.

  • TOKYO, Oct 22- Japan's customs-cleared crude oil imports fell 3.7 percent in September from the same month a year earlier, while liquefied natural gas imports rose 10.5 percent, the Ministry of Finance said on Wednesday. Japan's imports of liquefied natural gas totalled 7.28 million tonnes last month, up 10.5 percent from a year earlier. *The Japan Crude Cocktail...

  • NYMEX-U.S. crude extends gains after recent slide Tuesday, 21 Oct 2014 | 8:23 PM ET

    *U.S. crude for December delivery was up 11 cents at $82.60 a barrel by 0015 GMT. *U.S. crude inventories rose by 1.2 million barrels in the week to Oct. 17 to 371.9 million barrels, compared with analyst expectations for an increase of 2.7 million barrels, data from industry group the American Petroleum Institute showed. *Standard Chartered Bank oil analyst Paul...

  • Commodities tomorrow: Gold over $1,250     Tuesday, 21 Oct 2014 | 3:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Commodities rallied today. Oil was up on the day and nat gas rebounded after hitting an 11-month low.

  • Total CEO killed in plane crash     Tuesday, 21 Oct 2014 | 1:20 PM ET

    CNBC's Michelle Caruso-Cabrera reports on the death of French oil giant Total's CEO. Christophe De Margerie was killed when his plane hit a snowplow at a Moscow airport.

  • Total’s CEO killed after his plane hits snowplow Tuesday, 21 Oct 2014 | 8:04 AM ET

    Tributes pour in for Christophe de Margerie after the chief executive of Total died in a business jet crash in Moscow.

  • Cheap gas prices could fall further     Tuesday, 21 Oct 2014 | 7:32 AM ET

    Sameer Samana, Wells Fargo Advisors, and Kathy Lien, BK Asset Management, discuss what's driving oil prices lower as global demand continues to grow amid a stronger U.S. dollar.

  • Hot emerging market plays     Tuesday, 21 Oct 2014 | 6:35 AM ET

    UBS's Geoff Dennis, provides his top emerging market picks despite lower oil prices and lower dollar.