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  • Fed could raise in second half: Analyst  Wednesday, 28 Jan 2015 | 10:36 AM ET

    Ethan Harris, Co-Head of Global Economics Research, BofA Merrill Lynch Global Research, says the Fed could raise rates in the second half of this year. The Fed must look at inflation and the unemployment rate, he says.

  • Crude inventories up ... again  Wednesday, 28 Jan 2015 | 10:31 AM ET

    CNBC's Jackie DeAngelis reports oil and gas inventories. Oil was up 8.9 million barrels, and gasoline was down 2.6 million.

  • Goldman cuts outlook for whole commodity sector Wednesday, 28 Jan 2015 | 12:16 PM ET

    After countless oil price downgrades, analysts at Goldman Sachs have cut their outlook for the commodity sector as a whole.

  • The American Petroleum Institute said late on Tuesday that U.S. crude stocks jumped by a massive 12.7 million barrels last week, triple the volume expected, and including a 2 million barrel increase at Cushing, Oklahoma, the delivery point of the U.S. oil contract. If confirmed by official data from the U.S. Energy Information Administration at 1530 GMT on...

  • Jan 28- Cenovus Energy Inc, Canada's No. 2 independent oil producer, cut its capital spending budget for 2015 in response to the slump in crude oil prices. The company said it could defer spending of up to C $700 million, mainly by suspending a bulk of its conventional drilling in southern Alberta and Saskatchewan and delaying long-term oil sands expansion and new...

  • Fed: The 'most uneventful meeting' to date?  Wednesday, 28 Jan 2015 | 5:45 AM ET

    Boris Schlossberg, managing director at BK Asset Management, remains dubious about the Federal Reserve, saying there's no economic merit in the Fed's arguments to raise rates.

  • LONDON, Jan 28- Oil slipped to $49 a barrel on Wednesday as the dollar strengthened, while an industry report showing a larger-than-expected rise in U.S. crude inventories also pressured prices. "The key driver for oil prices in the last few days has been currency fluctuations... we had seen some weakness in the U.S. dollar which helped support prices overnight," Ric...

  • "The key driver for oil prices in the last few days has been currency fluctuations... we had seen some weakness in the U.S. dollar which helped support prices overnight," Ric Spooner, chief analyst at CMC Markets in Sydney said. Brent crude hit a low of $48.79 a barrel and was down 45 cents at $49.15 by 0717 GMT. U.S. crude was at $45.68 a barrel, down 55 cents, after earlier...

  • Research by Morgan Stanley, published on Jan. 25, said that oil and diesel made up between 9 and 12 percent of the total production costs for bulk commodities such as coal, iron ore and bauxite, but only 3 to 5 percent for metals. The spot price of iron ore in Asia dropped to a 5-1/ 2- year low of $62.80 a tonne on Tuesday, and is down 67 percent from its peak of $191.90 reached...

  • Indonesia's Jokowi: A 100-day scorecard  Tuesday, 27 Jan 2015 | 10:33 PM ET

    Lim Su Sian, ASEAN Economist at HSBC, says investors are very confident on Indonesia's outlook, which indicates excellent work by Indonesian leader Joko Widodo so far.

  • "The key driver for oil prices in the last few days has been currency fluctuations... we had seen some weakness in the U.S. dollar which help support prices overnight," Ric Spooner, chief analyst at CMC Markets in Sydney said. Brent crude hit a low of $48.79 a barrel and was down 68 cents at $48.92 by 0255 GMT. U.S. crude was at $45.41 a barrel, down 82 cents, after earlier...

  • Citi: Oil price recovery is coming  Tuesday, 27 Jan 2015 | 7:22 PM ET

    While it's difficult to time the absolute bottom of the oil market, Tim Evans, Energy Futures Specialist at Citi Futures and OTC Clearing, does expect higher prices to eventually come around.

  • US crude hits lowest since March 2009 after Fed Wednesday, 28 Jan 2015 | 2:18 PM ET
    Workers connect drill bits and drill collars on Endeavor Energy Resources’ Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas, Dec. 12, 2014.

    The latest increase added to the previous week's build of over 10 million barrels, which was the biggest in 14 years.

  • SEOUL, Jan 28- U.S. crude futures fell over 1.5 percent towards $45 a barrel in early Asian trade on Wednesday after data showed U.S. crude stocks surged by nearly 13 million barrels last week, with a global supply glut accumulating in storage tanks. *U.S. crude futures had dropped 73 cents to $45.50 a barrel by 0000 GMT after finishing the previous session finishing...

  • Commodities tomorrow: Good day today  Tuesday, 27 Jan 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was actually up on the day as the dollar was down. Nat gas was up on the day, as well, and gold was also positive today.

  • CRUDE FUTURES PARE GAINS IN POST-SETTLEMENT TRADE ON API DATA SHOWING BIG CRUDE STOCK BUILD.

  • *Coming up: API weekly oil data at 2130 GMT. NEW YORK, Jan 27- Oil prices jumped as much 3 percent on Tuesday as a weaker dollar propped up commodities priced in the currency, prompting short-covering in a market that has sold off with little pause over the past seven months. The American Petroleum Institute, an industry group, will release its weekly inventory report...

  • NEW YORK, Jan 27- Oil rose more than 2 percent on Tuesday as a weaker dollar propped up commodities priced in the currency, prompting short-covering in a market that has sold off with little pause over the past seven months. The American Petroleum Institute, an industry group, will release its weekly inventory report at 2130 GMT. "It looks like crude is trying to...

  • Goldman's Cohn: Oil could go to $30 Tuesday, 27 Jan 2015 | 10:36 AM ET
    Gary Cohn, Goldman Sachs

    Goldman Sachs COO Gary Cohn told CNBC why he thinks oil could go even lower.

  • LONDON, Jan 27- Brent crude futures held above $48 on Tuesday as a weaker dollar offset the impact of a global supply glut, with traders questioning if the nearly 60 percent price fall since June has run its course. Brent hit $45.19 on Jan. 13, the lowest since 2009 and down from a June 2014 peak of $115.71, but has since traded in a narrow band of $47- $50.62.