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  • API inventory report due 4:30 p.m. EDT. NEW YORK, May 6- U.S. crude futures settled nearly unchanged on Tuesday, paring gains toward the close as traders took profits ahead of a weekly inventory report, while Brent prices fell, pressured by resuming Libyan supply. U.S. oil rose 2 cents to settle at $99.50 a barrel, after hitting a mid-session high of $100.42.

  • Commodities tomorrow: Nat gas up 2%     Tuesday, 6 May 2014 | 3:50 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Gold was down on the day, but still above the $1,300 mark. The weaker dollar didn't help crude, which settled below $100. Nat gas, on the other hand, was up more than 2 percent, as traders compared supplies to yearly averages.

  • UPDATE 7-U.S. crude rises on low Cushing stocks Tuesday, 6 May 2014 | 11:55 AM ET

    *Positions harden in Ukraine crisis. NEW YORK, May 6- U.S. crude futures rose on Tuesday as expectations of a build in inventories were undermined by record low stocks at the benchmark's Cushing delivery point, while Brent was near flat, weighing the Ukraine crisis against rebounding Libyan supplies.

  • LONDON, May 6- Brent crude rose above $108 per barrel on Tuesday, supported by clashes across Ukraine and lingering uncertainty over Libya's supply recovery. And in Libya, the vital southern El Sharara oilfield remains closed while new protests shut the Zultun and Raquba oilfields in the central eastern region of the OPEC producer.

  • LONDON, May 6- Brent crude held steady below $108 per barrel on Tuesday as clashes across Ukraine helped support a market that might otherwise buckle from ample supply especially in the United States, the top oil consumer.

  • SINGAPORE, May 6- Brent futures held steady below $108 per barrel on Tuesday as clashes across Ukraine helped to support a market that might otherwise sag under expectations U.S. crude inventories grew again last week to another record high. Brent crude for June delivery was up 5 cents at $107.77 per barrel by 0715 GMT, after settling 87 cents down.

  • SINGAPORE, May 6- Brent crude held steady below $108 per barrel on Tuesday as clashes across Ukraine added to geopolitical risk supporting a market that might otherwise sag due to expectations weekly data will show higher inventories in the United States.

  • SINGAPORE, May 6- Brent crude held steady below $108 per barrel on Tuesday as clashes across Ukraine added to geopolitical risk supporting a market that might otherwise sag due to expectations weekly data will show higher inventories in the United States.

  • US oil ends over $99 on Cushing hopes Tuesday, 6 May 2014 | 2:37 PM ET
    Pump jacks and wells in an oil field on the Monterey Shale formation near McKittrick, Calif., March 23, 2014.

    U.S. crude rose as expectations of a build in inventories were undermined by record low stocks at the benchmark's Cushing delivery point.

  • SINGAPORE, May 6- U.S. crude held steady below $100 a barrel in early Asian trading on Tuesday, as expectations of rising oil inventories in the United States were balanced by heightened tension in Ukraine.

  • Deadly side effect to fracking boom Monday, 5 May 2014 | 4:16 PM ET
    In this photo made on Saturday, March 1, 2014, William Saum stands near his front porch in Clarksburg, W. Va. In March of 2013, a truck carrying drilling water overturned onto a car carrying his wife and two young sons. Both children, 7-year-old Nicholas Mazzei-Saum and 8-year-old Alexander, were killed.

    Booming production of oil and natural gas has exacted a little-known price on some of the nation's roads.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Oil bear Schreiber's position on crude     Monday, 5 May 2014 | 3:12 PM ET

    CNBC's Kate Kelly reports oil bear Zach Schreiber, Point State Capital CEO, sees extremely bearish conditions in oil due to bottlenecks of supply at the Golf Coast.

  • *China factory activity down for fourth month. *Protest ends at Libya's EL Sharara. NEW YORK, May 5- Brent crude oil fell by more than $1 a barrel on Monday, pressured by reports that China's manufacturing sector contracted and Libya's oil output was recovering.

  • Gas prices peaked?     Monday, 5 May 2014 | 2:45 PM ET

    Discussing the risks and events associated with the higher price of gas at the pump, with Patrick Dehaan, Gasbuddy.com senior analyst.

  • Gas prices rising     Monday, 5 May 2014 | 2:43 PM ET

    Refineries are switching from the heavier winter blend of gasoline, to the lighter summer blend, which is more expensive. CNBC's Jackie DeAngelis reports on other factors sending the price of gas higher.

  • *China factory activity down for fourth month. *Protest ends at Libya's EL Sharara. NEW YORK, May 5- Brent crude oil fell by more than $1 a barrel on Monday, pressured by reports that China's manufacturing sector contracted and Libya's oil output was recovering.

  • *Ukraine tension escalates; may affect oil, gas supplies. NEW YORK, May 5- Brent crude oil fell by $1 a barrel on Monday as reports that China's manufacturing sector contracted for a fourth month in April and signs that Libya's oil output is recovering outweighed concerns about ongoing violence in Ukraine.

  • BRENT CRUDE FUTURES EXTEND LOSSES TO MORE THAN $1, DROP BELOW $108/ BBL.

  • This stuff is like the top soil of Iowa, says Berkshire Hathaway's Charile Munger, expressing his views on the nation's energy policy. Bill Gates, Microsoft founder, and Warren Buffett, Berkshire Hathaway chairman & CEO, weigh in. I would always want to have enough to take care of national defense, says Warren.