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
SINGAPORE, Jan 8- Brent crude extended gains on Thursday to hold above $51 a barrel, after an unexpected fall in U.S. crude stocks snapped a 4- session decline the previous day. Brent crude marked an intraday high of $51.91 a barrel and was at $51.60 by 0253 GMT, up 45 cents. But pressure on prices that have plunged more than half since June highs remains strong, with key...
Robert Martin, CEO of BOC Aviation, outlines the impact of falling oil prices on airline operating costs and consumer spending.
Oil held near $51 a barrel supported by a surprise drop in U.S. inventories, as bulls and bears searched for a bottom.
SINGAPORE, Jan 8- U.S. crude stayed above $48 a barrel on Thursday, holding on to gains in the previous session following an unexpected drop in crude inventories and a positive economic outlook at the world's largest oil consumer the United States. *Brent crude settled at $51.15 a barrel on Wednesday, up 5 cents, after earlier falling below $50 for the first time...
Which retailers should investors consider owning? Mad Money's Jim Cramer shares an "eclectic" mix.
Daniel Hynes, Senior Commodity Strategist at ANZ and Dan Yergin, Vice Chairman at IHS, say the rise in demand won't be able to offset the increase in supply, and debate what that means for prices.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude ended a little higher on the day, after Brent went under $50 last night. A significant build in gasoline could mean even lower prices at the pump.
*Brent up 5 cents after breaking below $50; U.S. crude above $48. NEW YORK, Jan 7- Oil closed up on Wednesday for the first time in five days as traders took stock of the market's rout after crude prices lost nearly 10 percent over two days and benchmark Brent fell to below $50 a barrel. Oil prices were lower in early New York trade, extending their downdraft after the first...
CNBC's Jackie DeAngelis tracks today's action in the energy market.
Oil's next move, with Kathleen Kelley, INTL FCStone Market Strategist, who says the shorts are starting to show.
Trying to pick an absolute bottom in any market is a fool’s errand, but there are a few signs that a turn may be coming, says "Fast Money" trader Brian Kelly.
A surge in U.S. gasoline and diesel supplies spells more trouble for oil prices but is good news for consumers.
With crude oil now at $48, many energy companies may now be operating in the red, and with debt payments to come. CNBC's Kate Kelly reports which companies are on the watch list.
Kevin Caron, Washington Crossing Advisors portfolio manager, is long domestic assets, and Ben Willis, Princeton Securities, remains bullish on the market.
The technicals are still in place for a good market environment, explains Carla Harris, Morgan Stanley.
By Barani Krishnan and Samantha Sunne. NEW YORK, Jan 7- The selloff in oil paused on Wednesday for the first time in five days, with traders appearing to take stock of the market's rout after crude prices lost nearly 10 percent over two days and benchmark Brent fell to below $50 a barrel. Brent's front-month contract hovered near $51 a barrel by 12:25 p.m. ET, down...
*Brent oil steadies after falling below $50 a barrel. NEW YORK, Jan 7- U.S. and European stock prices rose on Wednesday on hopes the European Central Bank would embark on more stimulus soon to avert deflation in the euro zone, and oil prices showed no sign of rebounding soon from their lowest levels since 2009.. "We think they will deliver quantitative easing in the...
Oppenheimer oil analyst Fadel Gheit won't rule out $40 oil, but thinks the bottom may be near.
Mike Harris, Campbell & Co., says his firm thinks oil will continue to move lower.
data@ NEW YORK, Jan 7- U.S. crude oil exports reached a record high 501,766 barrels per day in November, a leap of nearly 126,000 bpd from the month prior, foreign trade data from the U.S. Census Bureau showed on Wednesday. The exports were the highest recorded since data was available in 1920 from the U.S. Energy Information Administration, eclipsing the previous high...