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  • SINGAPORE, March 10- Brent crude gave up most of its early gains and steadied above $58.50 a barrel on Tuesday, supported by data showing annual consumer inflation in top energy consumer China recovered last month while a firmer dollar kept a lid on prices. China, which is battling growing deflationary pressures, saw consumer inflation rise 1.4 percent in...

  • SINGAPORE, March 10- Brent crude gave up most of its early gains and steadied above $58.50 a barrel on Tuesday, supported by data showing annual consumer inflation in top energy consumer China recovered last month while a firmer dollar kept a lid on prices. China, which is battling growing deflationary pressures, saw consumer inflation rise 1.4 percent in...

  • US oil settles down 3.4%, at $48.29 a barrel Tuesday, 10 Mar 2015 | 2:32 PM ET

    A rallying dollar punished oil on Tuesday, with Brent prices falling more than U.S. crude as players took profit on recent highs in the spread.

  • SINGAPORE, March 10- U.S. crude futures were trading slightly below $50 a barrel on Tuesday morning as the dollar traded at a three-month peak, ahead of key data on weekly crude stocks later in the day. *U.S. crude was down 3 cents at $49.97 by 0025 GMT. *Benchmark Brent oil was down 10 cents to $58.43 a barrel.

  • Commodities tomorrow: Crude shorts hit another record

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI was slightly up but Brent was down.

  • NEW YORK, March 9- Benchmark Brent crude prices fell on Monday pressured by European Central Bank bond-buying, while U.S. crude rose on bullish storage data, leading to a narrowing gap between the two benchmarks. Brent was pressured as the ECB started buying bonds under its quantitative easing program, a move that implies a certain level of deflation, said Bob...

  • Whiting Petroleum seeks buyer: Reports   Monday, 9 Mar 2015 | 2:33 PM ET
    Whiting Petroleum seeks buyer: Reports

    Eric Otto, CLSA, addresses the reports on Denver based Whiting Petroleum being for sale.

  • Gas prices to spike higher?   Monday, 9 Mar 2015 | 2:32 PM ET
    Gas prices to spike higher?

    CNBC's Jackie DeAngelis discusses the range in crude oil prices and forecasts future oil prices.

  • Something stinks in that jobs report Monday, 9 Mar 2015 | 12:24 PM ET
    Skunk

    Something's not quite right in the that rosy jobs report, says NYSE floor trader Kenny Polcari.

  • NEW YORK, March 9- Oil prices rose on Monday, rebounding from early losses, after market data firm Genscape reported a modest stock build last week at the Cushing, Oklahoma delivery point for U.S. crude. West Texas Intermediate crude jumped $1, or about 2 percent, to $50.61 a barrel by 10:58 a.m. EDT. The front-month in benchmark Brent crude, down nearly $1 earlier in...

  • Here's why you're paying more at the pump Monday, 9 Mar 2015 | 8:59 AM ET
    A customer puts gas into a vehicle at the U-gas station gas prices continue to drop in Miami, Florida.

    The average price of regular grade gas rose 21 cents in the past two weeks, bringing it to $2.54 per gallon, according to the Lundberg survey.

  • *U.S. crude seen dropping to $40 a barrel- Goldman Sachs. LONDON, March 9- Brent crude oil fell towards $59 a barrel on Monday as the dollar strengthened and a supply glut pushed global oil inventories to record highs. Oil inventories are rising across the world as production outstrips demand, offsetting geopolitical tensions in the Middle East and the risk of...

  • US crude to drop to $40 as stocks rise: Goldman Monday, 9 Mar 2015 | 2:56 AM ET

    Oil prices will reverse their recent gains, with U.S. crude likely to drop as far as $40 a barrel, Goldman Sachs said.

  • SINGAPORE, March 9- Brent crude fell towards $59 a barrel on Monday as a promising U.S. jobs report pushed the dollar up, offsetting geopolitical tensions and the threat of output cuts in Libya and Iraq. Brent eased 43 cents to $59.30 by 0445 GMT, after dropping 75 cents in the previous session. Goldman Sachs said in a note that oil prices would reverse recent gains on...

  • Huge downside risks remain in oil: ANZ   Sunday, 8 Mar 2015 | 11:24 PM ET
    Huge downside risks remain in oil: ANZ

    Daniel Hynes, senior commodity strategist at ANZ, says oil prices will continue to see weakness due to an inventory buildup in the U.S. and a soft demand outlook.

  • *OPEC disruptions are main upside risks to outlook. SINGAPORE, March 9- Oil prices will reverse their recent gains as global crude inventories begin to increase again, with U.S. crude likely to drop as far as $40 a barrel in the near-term, Goldman Sachs said. But Goldman said that "the activity pull is sequentially weakening" and that global crude inventories would...

  • Traders cash out on tanker-stored oil as prices rise Sunday, 8 Mar 2015 | 11:22 PM ET

    SINGAPORE, March 9- Traders who have been storing oil since the start of the year are selling some supplies back into the market, completing a trade-play that made oil storage profitable, and re-injecting fuel into an already oversupplied market. The selling signals a winding down of a strategy that has seen at least 50 million barrels of oil stored in tankers,...

  • Brent falls towards $59 a barrel on strong dollar Sunday, 8 Mar 2015 | 11:05 PM ET

    SINGAPORE March 9- Brent crude fell towards $59 a barrel on Monday as upbeat jobs data pushed the dollar higher, outweighing geopolitical tensions and the threat of output cuts in Libya and Iraq. That came as Goldman Sachs on Sunday forecast oil prices would reverse recent gains on the back of rising inventories, with U.S. crude expected to drop to around $40 a...

  • US oil ends up at $50 a barrel; Brent below $59 Monday, 9 Mar 2015 | 2:45 PM ET

    Brent fell below $59 on Monday as a promising U.S. jobs report pushed the dollar up, offsetting geopolitical tensions and the threat of output cuts.

  • SEOUL, March 9- U.S. crude futures eased on Monday as the dollar strengthened and after OPEC's head said the group should not cut output to "subsidise" higher-cost shale. *U.S. crude had fallen 14 cents to $49.47 a barrel by 0026 GMT, after settling down 2.3 percent, or $1.15, at $49.61 a barrel in the previous session. *The United States and Iran have narrowed their...