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  • *Brent up nearly 16 percent on the month. NEW YORK, Feb 13- Oil hit its highest level for the year on Friday with Brent crude rising above $60 a barrel, as eurozone economic growth exceeded expectations and market bulls priced in another drop in the U.S. oil rig count. Brent had collapsed from a high above $115 a barrel in June to a near six-year low under $46 in late...

  • US will not become energy independent: Total CEO Friday, 13 Feb 2015 | 9:01 AM ET
    A derrick hand busts the the plastic caps off the threaded ends of pipe used in the drilling process on Kilbarger Construction's rig in Knox County, Ohio.

    The CEO of major oil giant Total told CNBC he was not convinced U.S. energy independence would happen any time soon.

  • Brent back above $60 as 1986 fears fade Friday, 13 Feb 2015 | 7:00 AM ET
    Top-performing-commodities-ETFs-brent-crude.jpg

    The price of oil continued its bumpy ride higher on Friday, with analysts feeling more confident that the commodity is set to climb.

  • LONDON, Feb 13- Oil rose above $60 a barrel on Friday for the first time this year, bringing gains this week to 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 $1.12 at $60.40...

  • Friday 13th: Not so scary for stocks?   Friday, 13 Feb 2015 | 5:50 AM ET
    Friday 13th: Not so scary for stocks?

    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...

  • What's driving the oil rebound?   Friday, 13 Feb 2015 | 12:19 AM ET
    What's driving the oil rebound?

    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...

  • Russian assets stronger at opening as oil rises Friday, 13 Feb 2015 | 2:10 AM ET

    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...

  • Is it time to get back into energy bonds? Thursday, 12 Feb 2015 | 10:24 PM ET

    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.

  • Brent holds above $59, up more than 2 pct on week Thursday, 12 Feb 2015 | 9:59 PM ET

    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.

  • US crude settles up 3%, at $52.78 a barrel Friday, 13 Feb 2015 | 2:47 PM ET
    Pumpjacks operated by XX pump petroleum from the ground on September 23, 2014 near Ruehlermoor, Germany.

    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.

  • Commodity comeback: 6 trades on oil Thursday, 12 Feb 2015 | 7:02 PM ET
    The oil storage depot at Indonesian oil company Pertamina in Jakarta

    Even if Thursday doesn't start a rally, "Fast Money" traders see opportunities in the current oil environment.

  • High oil could be bad for stocks: Paulsen Thursday, 12 Feb 2015 | 3:14 PM ET

    Wells Capital Management's James Paulsen explained Thursday why high oil prices could be bad for the stock markets.

  • Lower oil prices good for world economy: Pro   Thursday, 12 Feb 2015 | 3:06 PM ET
    Lower oil prices good for world economy: Pro

    Which countries economically benefit from lower oil prices, with Gerardo Rodriguez, BlackRock Fund Manager.

  • Fed's Fisher: Rates will be raised in 2015   Thursday, 12 Feb 2015 | 2:30 PM ET
    Fed's Fisher: Rates will be raised in 2015

    Dallas Fed President Richard Fisher discusses rates and the economic impact of lower oil prices on Texas, with CNBC's Steve Liesman.

  • The hidden factor that may slash US oil output Thursday, 12 Feb 2015 | 2:19 PM ET
    An oil well owned an operated by Apache Corporation in the Permian Basin is shown in Garden City, Texas, Feb. 5, 2015.

    The life cycle of U.S. shale oil wells could put a question mark over American output and price stability.

  • Expert: Why retail sales declined despite low gas Thursday, 12 Feb 2015 | 1:45 PM ET
    Shoppers in the parking lot of a Walmart store in Massachusetts.

    The Lindsey Group's Peter Boockvar explained Thursday why retail sales did not rise on lower gas prices.