CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks and commodities took a hit today. WTI closed under $50 today, but traders say it could go either way next week.» Read More
*OPEC sticks to decision of no output cut- sources. *China annual consumer inflation remains near 5- year low. Brent crude had climbed 21 cents to $51.17 a barrel by 0203 GMT.
Indonesian tycoon Kris Wiluan isn't worried that the oil rout will hurt demand for his firm's oil exploration and production services.
Experts gave their takes on whether now is a big buying opportunity for investors in stocks, housing and oil.
SINGAPORE, Jan 9- U.S. crude futures rose more than 1 percent to above $49 a barrel on Friday as robust jobs data boosted the outlook for the world's largest economy, but the contract is set to record its seventh straight weekly drop in the face of a global supply glut. *U.S. crude for February delivery marked an intraday high of $49.61 a barrel, and was at $49.40, up 61...
For the longer term, stay positive on U.S. stock markets as lower oil prices are a net positive for the developed world, says Bill Stone, Chief Investment Strategist at PNC Asset Management.
Some of the world's largest oil traders have hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut.
Lower gas prices have provided "tail winds" for alcohol sales, Constellation Brands CEO Rob Sands said on Thursday.
Is there any stock too big for an activist investor to be involved with? Carl Icahn of Icahn Enterprises answers. Also, he discusses his stake in Apple.
Due to oversupply in inventory, Carl Icahn of Icahn Enterprises, expects oil to go lower and says and there will eventually be great opportunities in the services area.
Rocky Mount Resources CEO Chad Brownstein thinks oil will bottom in the mid-$40s and believes now is the time to buy this sector.
Jan 8- Trading gains in 2014 for oil trader Andy Hall were his biggest in four years, as a volatile market sent crude prices crashing to their lowest since 2009.. Hall's Westport, Connecticut- based Astenbeck Capital Management, which manages about $3 billion, posted a gain of just over 10 percent last year, according to a letter it sent its investors and seen by...
CNBC's Jackie DeAngelis tracks oil's continued downward momentum. CNBC's Morgan Brennan finds stocks benefiting from lower oil prices.
Investors who believe in a long-term recovery in oil prices should look to exploration and production companies, said David Tameron.
As stocks have a good rally, Peter Costa, Empire Executions, shares his view from the trading floor.
Oil trader Andy Hall is saying supply and demand alone will now determine oil price, not "OPEC or the Saudi put." CNBC's Kate Kelly has the details.
CNBC's Jackie DeAngelis reports oil sentiment remains bearish, and looks at whether now is the right time to buy oil ETFs.
Discussing the best energy plays amid cheap oil prices, with Richard Tullis, Capital One energy analyst.
Discussing the best pockets of opportunity in the energy sector, and which to shy away from, with David Tameron, Wells Fargo Securities.
*China crude imports likely hit record in December. NEW YORK, Jan 8- Global oil prices were little changed on Thursday, with better-than-expected U.S. jobs and other data helping the market hold steady after recovering from a four-day losing streak a day earlier. "I think there is selling fatigue and that's why you're seeing some short covering," said John Kilduff,...
Billionaire Marc Lasry says he is involved in Greek government bonds. CNBC's Michelle Caruso-Cabrera provides insight to the value.