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  • COLUMN-Oil market reveals its wild side again: Kemp Friday, 28 Nov 2014 | 7:46 AM ET

    LONDON, Nov 28- Following OPEC's decision on Thursday to leave production unchanged, Brent crude futures experienced the first three-standard deviation down-move since the flash crash of May 2011 and before that the depths of the recession in March 2009. With U.S. markets and financial institutions closed for the Thanksgiving holiday, limited liquidity...

  • OPEC decision splits ranks  Friday, 28 Nov 2014 | 7:02 AM ET

    A look at the fallout from OPEC's decision to leave oil product at current levels, with CNBC's Steve Sedgwick.

  • *Oil fell to four-year low of $72 on Thursday. SINGAPORE, Nov 28- Airlines in Asia-Pacific are holding off from hedging their fuel costs as they wait for oil to dip below $70 a barrel in hopes of securing lower prices, industry executives said on Friday. The benchmark Brent crude oil price fell more than $6 to under $72 a barrel on Thursday, its lowest since July 2010,...

  • *Saudi Arabia, OPEC have relinquished balancing role- SocGen. LONDON, Nov 28- Brent crude oil steadied below $73 a barrel on Friday after hitting a fresh four-year low in the wake of OPEC's decision not to cut output, a move investors said would leave oil markets heavily oversupplied. Saudi Arabia blocked calls on Thursday from poorer members of the Organization of...

  • Oil stocks, currencies tank on OPEC move Friday, 28 Nov 2014 | 7:08 AM ET
    Rig workers take a break on a Petrobras oil platform in Angra dos Reis, Rio de Janeiro, Brazil.

    Oil prices, oil-related shares, and oil-linked currencies all tumbled on Friday in the wake of OPEC's decision to refrain from cutting output.

  • *Brent Crude rallies off 4 year low, but set for 15 pct Nov drop. LONDON, Nov 28- Brent crude fell to a fresh four-year low on Friday, sending oil-related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut. Brent crude touched a low of $71.12 a barrel after settling at a four-year closing low on Thursday, when Saudi Arabia...

  • LONDON, Nov 28- The oil price collapse pushed Russia's rouble to new record lows near the 50 per dollar mark on Friday, while currencies in energy producers from Nigeria to Malaysia hit multi-year or all-time lows. Brent crude has fallen below $72 a barrel after the OPEC club on Thursday decided against production cuts, broadening the divide between...

  • OPEC aftermath... oil at $65?  Friday, 28 Nov 2014 | 6:08 AM ET

    Carl Larry, Oil Outlooks & Opinions, explains how OPEC's decision to leave production at current levels will likely impact oil prices.

  • OPEC decision holds production target  Friday, 28 Nov 2014 | 6:02 AM ET

    OPEC's decision to keep its production target triggered a sharp decline in oil prices, reports CNBC's Steve Sedgwick.

  • How to trade energy stocks?  Friday, 28 Nov 2014 | 5:50 AM ET

    Energy stocks should take their cue from energy futures, which could impact the U.S. stock markets says Michael W. Gurka, founder & president of BruinHill Partners.

  • Saudi: Global oil bank no more?  Friday, 28 Nov 2014 | 5:00 AM ET

    After the OPEC meeting, Saudi Arabia clearly no longer wants to be the global "central bank for oil" says John Stephenson, president & CEO of Stephenson & Company Capital Management.

  • OPEC decision spells trouble for Russia Friday, 28 Nov 2014 | 4:44 AM ET

    The decision by the OPEC to keep production at current levels in spite of falling oil prices means trouble for the Russian economy, analysts warn.

  • Place your bets on Canadian dollar  Friday, 28 Nov 2014 | 4:30 AM ET

    Recent evidence shows a divergence between the correlation of crude oil prices and the Canadian dollar, says Derek Halpenny, European head of global currency research at Bank of Tokyo-Mitsubishi UFJ Ltd.

  • Tactical moves at the OPEC meeting  Friday, 28 Nov 2014 | 4:05 AM ET

    Due to the OPEC meeting's result, no OPEC member country wants to see oil under $80 per barrel, yet countries are "tactically" forcing other members to "share the burden" says Jason Gammel, oil & gas equity analyst at Jefferies.

  • *Copper down for fifth straight session. LONDON, Nov 28- Copper fell to a eight-month low on Friday, pressured by a stronger dollar and selling across metals and commodity markets following steep falls in oil prices. Brent crude fell to a fresh four-year low under $72 a barrel after OPEC decided not to cut output on Thursday, sending related shares and currencies...

  • *Saudi Arabia, OPEC have relinquished balancing role- SocGen. LONDON, Nov 28- Brent crude fell to a fresh four-year low under $72 a barrel on Friday after OPEC decided not to cut output, a move investors said would leave oil markets heavily oversupplied. Saudi Arabia blocked calls from poorer members of the Organization of the Petroleum Exporting Countries for...

  • UPDATE 1-Russian assets sink from oil price collapse Friday, 28 Nov 2014 | 2:56 AM ET

    MOSCOW, Nov 28- Russian assets sank early on Friday, with the rouble and shares hitting new lows, as oil prices collapsed after OPEC decided to leave its output targets unchanged despite a heavily oversupplied market. Brent crude was last trading at around $71.70 a barrel after falling as much as $6.50 a barrel a day earlier, when the OPEC oil producer group made...

  • OPEC meeting a 'watershed moment' for oil: Pro  Friday, 28 Nov 2014 | 2:10 AM ET

    The OPEC meeting has changed everything in the oil market as a new equilibrium of prices will be found, Miswin Mahesh, oil analyst at Barclays says.

  • Low oil price 'saves Christmas': Pro  Friday, 28 Nov 2014 | 1:00 AM ET

    Low oil prices will give consumers more spare cash and be a positive for global growth, Kit Juckes, global head of foreign exchange strategy at Societe Generale says.

  • REC Solar: Shareholders will accept Bluestar deal  Friday, 28 Nov 2014 | 12:42 AM ET

    Martin Cooper, CEO of Norwegian-based REC Solar, discusses the firm's $640 million acquisition by China National Bluestar.