CNBC Pro highlights the five best strategy notes that came across our desk this week.» Read More
Todd Horwitz, author and founder of AverageJoeOptions.com, discusses his thoughts on U.S. markets, with comments on Greece, technology and oil.
LONDON, Feb 13- Oil rose above $60 a barrel on Friday for the first time this year, bringing its gain this week to almost 4 percent, supported by signs that deeper industry spending cuts may curb excess supply. The price of Brent crude collapsed from $115 in June to $45.19, the lowest in almost six years, in January due to oversupply. Brent for April delivery was up 76...
Vandana Hari, Asia editorial director at Platts, attributes the recent rally in oil markets to the fact that traders are positioning for a recovery 6 months later.
BEIJING, Feb 13- Benchmark Brent crude hovered around $60 in Asia on Friday, up almost 4 percent this week as news of deeper industry spending cuts and a sinking U.S. dollar revived buying. Brent crude for April delivery was trading up 95 cents at $60.23 by 0704 GMT, after briefly gaining more than $1. "Brent April 15 seem to be trending very near to the resistance of...
MOSCOW, Feb 13- Russia's rouble opened stronger on Friday and shares rose, helped by higher oil prices and hopes for peace in eastern Ukraine after a ceasefire deal. Russia's dollar-denominated RTS index was up 3 percent to 888 points, while its rouble-based peer MICEX traded 1.3 percent higher at 1,826 points. Brent crude oil was trading over 1 percent higher on...
BEIJING, Feb 13- Benchmark Brent crude held above $59 in Asia on Friday, up more than 3 percent this week as news of deeper industry spending cuts and a sinking U.S. dollar revived buying. Brent crude for April delivery was trading up 48 cents at $59.76 by 0428 GMT. "Brent April 15 seem to be trending very near to the resistance of $60.40 suggesting that it would more...
Energy bonds took a hit from fears low oil prices would spur a surge in defaults, but most issuers should stay resilient, Goldman Sachs said.
BEIJING, Feb 13- Benchmark Brent crude held above $59 on Friday, up more than 2 percent this week as news of deeper industry spending cuts and a sinking U.S. dollar revived buying. Brent crude for April delivery was trading down 17 cents at $59.11 at 0232 GMT. U.S. crude futures were down 13 cents at $51.08, following similar swings.
Oil rose above $60 a barrel on Friday for the first time this year, bringing its gain this week to almost 4 percent.
SEOUL, Feb 13- U.S. crude futures held above $51 a barrel on Friday, after it jumped on the previous session as news of deeper industry spending cuts and a sinking U.S. dollar revived buying. It rose $2.37 or 4.85 percent to settle at $51.21 on Thursday. *Expiring March Brent futures rose $2.39, or 4.37 percent to settle at $57.05 a barrel on the previous session.
Even if Thursday doesn't start a rally, "Fast Money" traders see opportunities in the current oil environment.
Wells Capital Management's James Paulsen explained Thursday why high oil prices could be bad for the stock markets.
Which countries economically benefit from lower oil prices, with Gerardo Rodriguez, BlackRock Fund Manager.
Dallas Fed President Richard Fisher discusses rates and the economic impact of lower oil prices on Texas, with CNBC's Steve Liesman.
The life cycle of U.S. shale oil wells could put a question mark over American output and price stability.
The Lindsey Group's Peter Boockvar explained Thursday why retail sales did not rise on lower gas prices.
NEW YORK, Feb 12- Crude oil stockpiles at the Cushing, Oklahoma, delivery point rose by a record 3.2 million barrels since last Friday, according to oil services firm Genscape on Thursday, curbing U.S. crude oil futures' gains. By 11:28 a.m., prices were up just over 3 percent at $50.34 per barrel, having recouped some of the ground lost in the immediate aftermath of the...
EDF has missed on its expectations. Jean-Bernard Levy, CEO of EDF, says they expect their strong performance on nuclear output can be repeated year-on-year.
LONDON, Feb 12- Brent crude oil rallied almost $2 to above $56 per barrel on Thursday, rebounding from a two-day losing streak, with industry spending cuts and a weaker dollar boosting buying. March Brent futures were up $1.89 at $56.55 a barrel by 1528 GMT, following a 3 percent loss in the previous session when prices fell below $54 a barrel at one point.
Robert Gallagher’s office is the cockpit of a helicopter. His company, Coldstream Helicopters, gets paid to fly heli-skiers to places of untracked snow.