CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil prices were down again today, and traders think the downward slide is likely to continue.» Read More
Juerg Kiener, MD & CIO at Swiss Asia Capital, says the impact of plunging oil prices will likely prompt a supply cutback in the second half of the year, but warns of risks from the U.S. dollar in the near term.
*Kuwait says OPEC must keep output steady. *Iraq's southern crude oil export rate up in March. SINGAPORE, March 20- Brent prices rebounded towards $55 a barrel on Friday as the dollar weakened slightly, but gains were limited by supply concerns after Kuwait said OPEC had no choice but to maintain output levels.
*Kuwait says OPEC must keep output steady. *Iraq's southern crude oil export rate up in March. SINGAPORE, March 20- Brent prices rebounded towards $55 a barrel on Friday as the dollar weakened, but gains were limited by supply concerns after Kuwait said OPEC had no choice but to maintain output levels.
U.S. crude surged 5 percent after positive comments about Greece by German Chancellor Angela Merkel boosted the euro against the dollar.
Ron Napier. head of Napier Investment Advisors, says Saudi Arabia seems intent on keeping oil prices below $75 a barrel over the coming years as it tries to keep U.S. shale producers out of the market.
Volatility has become a market hallmark this year and investors across Asia are grappling with a slew of issues. Here are the top five themes.
SINGAPORE, March 20- U.S. crude futures eased slightly on Friday but stayed near $44 a barrel, dragged down by renewed concerns about oversupply after Kuwait's oil minister said OPEC had no choice but to maintain production levels. *U.S. crude for April delivery had fallen 5 cents to $43.91 a barrel by 0039 GMT on Friday after settling down 70 cents in the previous...
US crude oil has plummeted in recent months. "Fast Money" traders discussed how to trade the low price environment.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. OPEC said it would maintain current production levels and blames the US for the drop in price. Gold got a small bounce on the day.
Oil prices have crashed since last year. CNBC's John Schoen explains what that means.
*Energy shares lower on dollar strength, oil oversupply concern. *Guess posts strong quarterly earnings, shares rally. NEW YORK, March 19- U.S. stocks fell on Thursday as a stronger dollar weighed on oil and other commodity prices, sending energy and materials sectors lower.
BRENT CRUDE REMAINS DOWN BUT TURNS VOLATILE IN LATE TRADE, TRACKING EURO'S MOVES VS DOLLAR.
Matt Sallee, Tortoise Capital Advisors, discusses opportunities in the energy sector and where he see's value.
CNBC's Eamon Javers reports on selling U.S. oil abroad and the hearing of 40-year ban on U.S. oil exports.
CNBC's Morgan Brennan checks on the health of energy stocks as the price of Brent and WTI trade lower.
Wilbur Ross, Chairman & CEO of WL Ross & Co. LLC, says that the cheap oil prices add an extra $90 a month into each U.S. family's pocket.
There are winners and losers from the tumble in oil prices — and U.S. consumers are definitely the former, billionaire investor Wilbur Ross told CNBC.
BRENT CRUDE PARES LOSSES, DOWN LESS THAN $1 A BARREL AFTER EARLIER DROP OF MORE THAN $1.80.
Pavel Molchanov, Raymond James, discusses global oil supply and the future of oil prices as oil falls for seventh day.
CNBC's Jackie DeAngelis reports natural gas inventories down 45 BCF.