GO
Loading...

Oil

More

  • SINGAPORE, July 10- Brent crude dropped to a one-month low near $108 a barrel on Thursday, extending its longest losing streak in four years, as weak gasoline demand in the United States offset a rise in oil imports by China. Brent crude fell 11 cents to $108.17 a barrel by 0548 GMT, down for a ninth straight session and matching a similar losing run in May 2010.

  • *China H1 crude oil imports rise 10.2 pct on year. SINGAPORE, July 10- Brent crude edged down towards $108 a barrel on Thursday, extending its longest losing streak in fours years, as weak gasoline demand in the United States offset a rise in crude imports in China.

  • US oil ends under $103, saved by late day rally Thursday, 10 Jul 2014 | 2:36 PM ET

    Crude rose as profit-taking on an extended losing streak momentarily outweighed the prospect of solid supply and weak U.S. gas demand.

  • TOKYO, July 10- U.S. crude oil fell below $102 on Thursday, to trade at its lowest level in more than a month, on wavering demand for gasoline and projections for rising supplies from OPEC member Libya. *U.S. crude futures for August delivery fell 32 cents to $101.97 a barrel by 0002 GMT, after earlier trading as low as $101.72- the lowest level since June 5.

  • Allergan CEO: Restructuring & unlocking value     Wednesday, 9 Jul 2014 | 6:40 PM ET

    David Pyott, Allergan chairman and CEO, discusses its restructuring efforts to unlock value for investors and questions the sustainability of Valeant's business model.

  • *Libya restarts 340,000 bpd El Sharara oilfield. NEW YORK, July 9- Oil prices fell on Wednesday, with U.S. crude down more than $1 a barrel on faltering demand for gasoline, and Brent down too as a Libyan oilfield resumed output.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Activity in Gaza drove up gold prices today, but didn't have an impact on oil prices, which fell, in spite of an inventory drawdown.

  • Crude oil inventories down 2.37 million barrels     Wednesday, 9 Jul 2014 | 10:30 AM ET

    CNBC's Jackie DeAngelis reports crude oil inventories drew down 2.37 million barrels, less than expected.

  • CRUDE OIL FUTURES EXTEND LOSSES BY $1 FOLLOWING EIA INVENTORY DATA.

  • *Libya restarts 340,000- bpd El Sharara oilfield. LONDON, July 9- Brent crude oil traded at a one-month low under $109 a barrel on Wednesday after a Libyan oilfield restarted and supply worries faded, prompting traders to reduce long positions.

  • *Libya restarts 340,000- bpd El Sharara oilfield. SINGAPORE, July 9- Brent crude traded at a one-month low under $109 a barrel on Wednesday, on track to drop for an eighth session in what would be its longest losing streak in over four years, amid expectations of more supplies after Libya restarted an oilfield.

  • *Libya restarts 340,000- bpd El Sharara oilfield. SINGAPORE, July 9- Brent crude hovered near a one-month low under $109 a barrel on Wednesday, on track to drop for an eighth session in what would be its longest losing streak in over four years, amid expectations of more supplies after Libya restarted an oilfield.

  • Brent falls below $109 as Libya restarts oilfield Tuesday, 8 Jul 2014 | 11:54 PM ET

    *Libya restarts 340,000- bpd El Sharara oilfield. SINGAPORE, July 9- Brent crude fell below $109 a barrel on Wednesday as Libya restarted an oilfield, on track to drop for an eighth session in what would be its longest losing streak in over four years.

  • US oil ends near $102, hammered by gas stockpiles Wednesday, 9 Jul 2014 | 2:37 PM ET

    U.S. crude shed more than $1, as a rise in U.S. gas inventories signaled weak demand, and a restart of a Libyan oilfield eased supply worries.

  • TOKYO, July 9- U.S. crude oil futures edged up towards $104 in early Wednesday trade, rising for the first time in nine sessions after easing fears of supply disruption in Iraq and expectations of rising Libyan exports had put the contract under pressure.

  • NEW YORK, July 8- Brent crude slid more than $1 a barrel on Tuesday, its seventh straight decline, hitting a one-month low below $109 as Libyan oil exports looked likely to rise and fears eased of supply disruption in Iraq. Brent has shed more than 5 percent since last month, when the Iraq crisis drove prices to a nine-month high of $115.71.

  • NEW YORK, July 8- Brent crude slid more than $1 a barrel on Tuesday, its seventh straight decline, hitting a one-month low below $110 as Libyan oil exports looked likely to rise and fears eased of supply disruption in Iraq. Brent has shed more than 5 percent since last month, when the Iraq crisis drove prices to a nine-month high of $115.71.

  • After Borat: Kazakhstan sets its sights on America Tuesday, 8 Jul 2014 | 1:00 PM ET
    Mangistau region of Kazakhstan. Oil and gas industry.

    For those interested in putting money into the oil-rich nation, a new directive has made it more appealing.

  • NEW YORK, July 8- Brent crude fell for its seventh straight session, hitting a one-month low below $110 a barrel on Tuesday on improved prospects for a rise in Libyan oil exports and easing fears of supply disruption in Iraq.

  • BRENT CRUDE OIL FUTURES EXTEND LOSSES BY MORE THAN $1 TO SESSION LOW OF $109.22.