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  • Why Japan's Q1 growth won't be sustainable   Tuesday, 19 May 2015 | 11:32 PM ET
    Why Japan's Q1 growth won't be sustainable

    Luca Silipo, chief economist of Asia Pacific at Natixis, attributes Japan's faster-than-expected growth in the first quarter to the support from lower oil prices, instead of improvements in the economy.

  • *Japan's economy surprises with 2.4 pct annualized growth. SINGAPORE, May 20- Crude oil prices bounced back on Wednesday from steep falls in the previous session as strong Japanese economic growth surprised markets and the consumer outlook in Australia seemed to brighten, stoking producer hopes of increased demand. Japan's economy, the world's third largest,...

  • What's fueling the volatility in oil markets   Tuesday, 19 May 2015 | 9:36 PM ET
    What's fueling the volatility in oil markets

    Investors are repeatedly "jumping the gun before getting called back to the starting line" because of overwhelmingly bearish fundamentals, says Vandana Hari, Asia Editorial Director at Platts.

  • Oil settles up 1.71 percent, at $58.98 per barrel Wednesday, 20 May 2015 | 2:30 PM ET
    Oil worker in Iraq

    Oil prices rebounded on Wednesday to settle 1.71 percent higher at $58.98 per barrel with U.S. crude snapping a five-day decline.

  • *Japan's economy surprises with 2.4 pct annualized growth. SINGAPORE, May 20- Crude oil prices bounced back on Wednesday from steep falls in the previous session as strong Japanese economic growth surprised markets and the business outlook in Australia also seemed to brighten, stoking producer hopes of increased demand. Brent futures were up 57 cents at...

  • *U.S. crude for July delivery rose 45 cents to $58.44 a barrel as of 0002 GMT. *Front month Brent futures rose 50 cents to $64.52 after falling $2.25 in the previous session to close at $64.02 a barrel. *U.S. crude inventories fell by 5.2 million barrels to 476.7 million in the week to May 15, data from industry group the American Petroleum Institute showed on Tuesday.

  • Pipeline bursts, spills oil off California coast Tuesday, 19 May 2015 | 7:31 PM ET

    The pipeline—which spilled oil off the California coast—has been shut off, but it's not yet clear how much oil spilled.

  • Commodities tomorrow: Traders play crude ranges   Tuesday, 19 May 2015 | 4:00 PM ET
    Commodities tomorrow: Traders play crude ranges

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was under pressure today as the dollar continued to rally.

  • UPDATE 4-Oil prices slip on dollar rally, ample supply Tuesday, 19 May 2015 | 4:42 AM ET

    LONDON, May 19- Brent crude oil fell below $66 a barrel on Tuesday as the dollar strengthened and on evidence of ample supplies of Middle Eastern oil despite wars in northern Iraq, Syria and Yemen. "The oil market is generally oversupplied with high Saudi exports and OPEC is unlikely to cut production," said Tamas Varga, oil analyst at London brokerage PVM Oil...

  • DCC profitability not hit by oil: CEO   Tuesday, 19 May 2015 | 3:15 AM ET
    DCC profitability not hit by oil: CEO

    Tommy Breen, CEO of DCC, tells CNBC that the price of oil hasn't had an impact on the business.

  • Energy groups' $100B spending cuts after oil rout Tuesday, 19 May 2015 | 3:57 AM ET
    crude oil production oil derrick

    Companies including Royal Dutch Shell, BP and Statoil have led moves to curtail capital spending on 26 major projects worldwide, according to the FT.

  • *ConocoPhillips CEO says more mega-mergers unlikely. Still, there is unlikely to be a wave of mega mergers like Royal Dutch Shell's buyout of BG Group for $70 billion, which Shell itself has said left it cash-strapped and only able to pursue much smaller deals. "There is less need for mega mergers because of unconventional resources which require a small amount of...

  • *Goldman Sachs says ongoing oversupply to pull down prices. *Asian economies failed to fully benefit from cheap oil- HSBC. Goldman Sachs said Brent crude prices were due for a downward correction after a recent rally that saw prices of the North Sea benchmark jump 50 percent since its mid-January lows.

  • *Goldman Sachs says ongoing oversupply to pull down prices. *Asian economies failed to fully benefit from cheap oil- HSBC. Goldman Sachs said a recent rally that saw Brent prices jump over 40 percent since January was due a downward correction.

  • *Asian economies failed to fully benefit from cheap oil- HSBC. SINGAPORE, May 19- Brent oil prices dropped on Tuesday on signs of weakness at the world's top energy consumer China, while U.S. crude futures edged up on rising demand ahead of the summer driving season. Brent futures were down 9 cents at $66.18 a barrel by 0413 GMT, after an almost 1 percent fall on Monday on...

  • Brent crude oil prices dip on weak Asian economies Monday, 18 May 2015 | 9:52 PM ET

    *Asian economies failed to fully benefit from cheap oil- HSBC. SINGAPORE, May 19- Brent crude oil prices dipped on Tuesday as Asia's economies showed more signs of weakness, while U.S. prices edged up on the back of U.S. peak demand summer driving season. Instead, the first quarter probably represented a new low in the region's growth since the global financial crisis, "...

  • US crude settles down 3.65%, at $57.26 a barrel Tuesday, 19 May 2015 | 2:30 PM ET
    Pump jacks in an oil field over the Monterey Shale formation near Lost Hills, Calif.

    Crude settled down 3.65 percent at $57.26 a barrel as high supplies meant that markets remain oversupplied.

  • Smog over Beijing, China.

    Governments globally charge prices for energy that do not account for its harmful side effects, amounting to a $5.3 trillion subsidy, the IMF said.

  • *Front month U.S. crude was up 8 cents at $59.51 a barrel at 0018 GMT, after finishing down 26 cents in the previous session. *Global crude oil prices are not expected to fall in the second half of 2015, Kuwait's OPEC governor said on Monday, and any surplus supply was due to shale producers rather than OPEC. *Crude output by OPEC member Algeria will rise by at least 32,000...

  • Commodities tomorrow: Dollar strong, crude down

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was down on a stronger dollar.