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  • WILLISTON, N.D., March 12- Halliburton Co, Schlumberger NV and other large energy companies were conspicuously absent from a major North Dakota job fair this week, a telling sign as employers in the No. 2 U.S. oil-producing state grapple with sliding crude prices. "When a well is out, you still have to service it," said Cindy Sanford of Job Service North Dakota, which...

  • Commodities tomorrow: Significant oil supply glut   Thursday, 12 Mar 2015 | 4:00 PM ET
    Commodities tomorrow: Crude stocks way up over last year

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude oil down more than 2 percent on the day as traders discussed yesterday's inventory report. Crude stocks are up 80 million barrels over last year at this time.

  • *Genscape cites another big U.S. crude stock in Cushing- trade. NEW YORK, March 12- Global oil prices fell on Thursday on estimates showing another big supply build at the delivery point for the U.S. crude contract, with trade volatile ahead of the expiry of the front-month in benchmark Brent oil. "The ship channel opening allows crude to get to refineries and the...

  • *Genscape cites another big U.S. crude stock in Cushing- trade. "The ship channel opening allows crude to get to refineries and the expectation is that with margins strong, refiners will produce as much as they can and this is putting some pressure on oil futures," said Phil Flynn, analyst at Price Futures Group in Chicago. Brent was down 45 cents, or about 1 percent, at...

  • Oil touches 6-week lows   Thursday, 12 Mar 2015 | 2:31 PM ET
    Oil touches 6-week lows

    Crude oil settles down at its lowest level since January. CNBC's Jackie DeAngelis tracks oil into the close.

  • Apache's new CEO speaks out   Thursday, 12 Mar 2015 | 2:00 PM ET
    Apache's new CEO speaks out

    Apache CEO John Christmann discusses cash flow, capex spending, and crude prices.

  • *Genscape cites another big U.S. crude stock in Cushing- trade. NEW YORK, March 12- Global oil prices weakened on Thursday, with both benchmark Brent and U.S. crude surrendering early gains in volatile trading before the expiry of their front-month contracts and in fears of a supply build at the delivery point for U.S. oil. "The ship channel opening allows crude to get...

  • *Genscape cites another big U.S. crude stock in Cushing- trade. NEW YORK, March 12- Global oil prices weakened on Thursday, with both benchmark Brent and U.S. crude surrendering early gains in volatile trading before the expiry of their respective front-month contracts and fears of a new supply build at the delivery point for U.S. oil. The estimate came after U.S....

  • *Iraq seeks to stem losses from falling oil prices. BAGHDAD, March 12- Oil companies have proposed millions of dollars of cuts in development spending in Iraq, a senior oil ministry official said, after Baghdad told them low oil prices and its fight against Islamic State had made payments difficult. The slump in crude prices to below $60 a barrel from $115 in June has...

  • GLOBAL MARKETS-Dollar off recent peaks; stocks, Brent up Thursday, 12 Mar 2015 | 11:22 AM ET

    NEW YORK, March 12- The dollar softened the most in a month against a basket of currencies on Thursday, giving stocks and some commodities respite after sharp sell-offs triggered by expectations of the U.S. Stocks opened higher on Wall Street, led by bank shares after the Fed approved most of their capital plans, many of which included share repurchases and...

  • *Genscape says Cushing stocks up by 2.2 mln bbls from Mar 6. LONDON, March 12- Crude oil futures diverged on Thursday with Brent rising towards $58 a barrel on Thursday as the dollar weakened, while U.S crude futures fell below $48 a barrel after industry monitors estimated another big stock build at the Cushing, Oklahoma, delivery point for U.S. crude.

  • Hamm: Americans pay price for US oil export ban Thursday, 12 Mar 2015 | 8:40 AM ET
    Continental Resources CEO Harold Hamm pauses during an interview in his Oklahoma City offices, July 12, 2012.

    Billionaire oilman Harold Hamm tells CNBC that American refineries can't handle all the oil being produced domestically.

  • Time to lift oil restrictions: Harold Hamm   Thursday, 12 Mar 2015 | 7:37 AM ET
    Time to lift oil restrictions: Harold Hamm

    Harold Hamm, Continental Resources CEO, explains why he is calling to let American energy companies export their oil and level the playing field.

  • *Iraqi security forces fighting Islamic State in Tikrit. LONDON, March 12- Brent oil futures rose above $58 a barrel on Thursday as the dollar weakened and Iraqi security forces battled Islamic State fighters in Tikrit. Iraqi security forces and mainly Shi'ite militia exchanged fire with Islamic State fighters in Tikrit on Thursday, a day after pushing into...

  • UPDATE 3-Brent oil climbs above $58 as dollar weakens Thursday, 12 Mar 2015 | 5:36 AM ET

    LONDON, March 12- Brent oil futures rose above $58 a barrel on Thursday as the dollar weakened and speculators covered their positions ahead of the April contract's expiry, while a build in U.S. crude stocks capped prices. Brent for April delivery was up 63 cents at $58.17 at 0910 GMT, after gaining $1.15 during the previous session in a rebound from a one-month low.

  • SINGAPORE, March 12- Brent crude climbed above $58 a barrel on Thursday for the second straight session as speculators covered their positions ahead of the April contract's expiry, while a strengthening dollar and a build in U.S. crude stocks capped prices. Brent for April delivery was up 61 cents to $58.15 at 0602 GMT after gaining $1.15, or 2 percent, in the...

  • SINGAPORE, March 12- Brent crude climbed towards $58 a barrel on Thursday for the second straight session as speculators covered their positions ahead of the April contract's expiry, while a strengthening dollar and a build in U.S. crude stocks capped prices. Geopolitical tensions in the Middle East and North Africa were also supporting crude futures.

  • Oil ends down 2.3%, at $47.05; pares earlier gains Thursday, 12 Mar 2015 | 2:31 PM ET
    Oil

    Oil prices weakened on Thursday, surrendering early gains in volatile trading before the expiry of front-month crude contracts.

  • NYMEX-U.S. crude edges up as dollar weakens slightly Wednesday, 11 Mar 2015 | 8:47 PM ET

    *U.S. crude's front-month April contract had gained 13 cents to $48.30 a barrel by 0028 GMT, after closing the previous session down 12 cents at $48.17. *Brent's front-month rose 35 cents to $57.89 a barrel, after settling up $1.15 at $57.54. *The euro hovered just above a fresh 12- year low early on Thursday having faced an unrelenting onslaught this week as the...

  • Canada: Even the newest oil tank cars are outdated Wednesday, 11 Mar 2015 | 7:33 PM ET

    The Canadian government unveiled tougher new proposed oil tank car standards.