Brent oil futures fell below $109.50 a barrel on Thursday on several bearish signals.» Read More
SINGAPORE, Aug 9- U.S. crude rebounded towards $104 a barrel on Friday, with investors buying after the contract hit the lowest in a month in its longest losing streak this year. U.S. crude for September delivery has rebounded from its lowest settlement since July 30 to $103.95 a barrel, up 55 cents, by 0037 GMT.
Mad Money's Jim Cramer explains how he first started to develop his trading strategies. If you aren't confident, he explains, you could easily be shaken out by the broader market.
NEW YORK, Aug 8- Copper and industrial metals rallied on Thursday as upbeat Chinese trade data sparked demand hopes, while gold prices also jumped on easing deflation worries, helping a broad commodities index rise for a second consecutive day.
*North Sea crude exports to rise in September. Front-month Brent crude oil was trading $1.28 per barrel lower at $106.16 by 1:01 p.m. EDT, having rebounded from an earlier low of $105.85. U.S. crude was down $1.62 at $102.75, after trading as low as $102.22.
*North Sea crude exports to rise in September. *Worker protests spread in Libya, reduce oil output. LONDON, Aug 8- Brent crude fell below $107 a barrel on Thursday as investors overlooked robust Chinese oil import figures and focused instead on the possibility of Washington scaling back its economic stimulus programme.
*North Sea crude exports to rise in September. SINGAPORE, Aug 8- Brent crude edged towards $108 a barrel on Thursday, ending a four-day decline as robust Chinese data raised hopes that the world's No.2 economy is stabilising, but uncertainty over the outlook for U.S. stimulus capped prices.
Crude oil prices on both sides of the Atlantic dropped sharply on Thursday as traders liquidated long positions and followed gasoline futures prices lower.
SINGAPORE, Aug 8- U.S. crude futures held above $104 a barrel on Thursday ahead of economic data from China that could provide demand cues, after falling for four sessions as supply concerns eased and investors worried about a pull-back in U.S. economic stimulus. U.S. crude for September delivery rose 16 cents to $104.53 a barrel by 0041 GMT.
Why does everyone always tell you to take advantage of your 401(k) and to fund your IRA? Because these are "tax-blessed vehicles," says "Mad Money" host Jim Cramer.
NEW YORK, Aug 7- Cocoa and coffee prices rallied on Wednesday while those of copper and gold steadied from recent declines, helping a broad commodities index settle up for the first time in four days.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
CNBC's Jackie DeAngelis looks into concerns for refiners, as oil and health prices continue to elevate.
Bank of America Merrill Lynch estimates that U.S. exports doubled from 2007 to the end of 2012, reports CNBC's Jackie DeAngelis. A major part of the increase has been diesel fuel.
Gasoline is almost flat today which is good news for consumers. The "Futures Now" team discusses the laggard.
CNBC's Jackie DeAngelis takes a look at American companies looking to cash in on increased demand for refined products.
ARBIL, Iraq/ DUBAI, Aug 7- Iraq's Kurdistan region is exporting crude oil by truck to an Iranian port for shipping to Asia, industry sources say, using a trade route that is likely to anger both Baghdad and Washington.
SINGAPORE, Aug 7- Brent crude slipped below $108 per barrel on Wednesday, dropping for a fourth session and logging its longest losing streak since April, on easing supply worries and caution ahead of data from top oil consumers China and the United States. Brent crude fell 33 cents to $107.85 a barrel by 0517 GMT, while U.S. oil slipped 6 cents to $105.24.
*Iran's leader reaches out to U.S., vows to resolve nuclear row. SINGAPORE, Aug 7- Brent crude futures slipped on Wednesday towards $108, dropping for a fourth straight day, as supply worries eased and on caution ahead of data from China and the United States, the world's two top oil consumers.
Crude dropped for a fourth consecutive session on Wednesday, with U.S. oil settling over $104, after a report showed U.S. crude inventories declined.
SINGAPORE, Aug 7- U.S. crude futures rose in early Asian trade on Wednesday on hopes of a revival in demand growth in the United States, the world's largest oil consumer, following a steeper-than-expected drawdown in stocks. U.S. oil gained 15 cents to $105.45 a barrel by 0024 GMT, after settling $1.26 lower at $105.30 and hitting an intrasession low of $104.86.