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  • UPDATE 2-Brent holds above $109; spread with WTI eyed Wednesday, 11 Dec 2013 | 3:40 AM ET

    *Two new pipelines set to drain oil from Cushing. SINGAPORE, Dec 11- Brent held steady above $109 a barrel on Wednesday as traders focused on the narrowing of its spread with U.S. futures ahead of U.S. inventory data that is forecast to show a drop in crude stockpiles.

  • UPDATE 1-Brent stays above $109; spread with WTI eyed Wednesday, 11 Dec 2013 | 1:08 AM ET

    *Two new pipelines set to drain oil from Cushing. SINGAPORE, Dec 11- Brent drifted above $109 a barrel on Wednesday as traders focused on the narrowing of its spread with U.S. futures ahead of U.S. inventories data that is forecast to show a drop in crude stockpiles.

  • Brent stays above $109; spread with WTI eyed Tuesday, 10 Dec 2013 | 10:12 PM ET

    SINGAPORE, Dec 11- Brent drifted above $109 a barrel on Wednesday as traders focused on the narrowing of its spread to U.S. futures ahead of U.S. inventories data that is forecast to show a drop in crude stockpiles.

  • US oil ends near $97; gas trumps stockpile data Wednesday, 11 Dec 2013 | 2:56 PM ET

    Crude oil fell as a report showed a build in gasoline stocks and Libya said its ports could reopen by the weekend.

  • SINGAPORE, Dec 11- U.S. oil futures traded at their highest in six weeks above $98 a barrel on Wednesday after U.S. data showed a larger-than-expected drop in crude inventories.

  • NEW YORK, Dec 10- Coffee rallied on Tuesday on tight supplies of robusta beans in top producer Vietnam, and gold and silver surged too, pushing the commodities complex broadly higher. Robusta coffee rose as much as 4.6 percent to $1,803 a tonne in London, before closing 4 percent higher at $1,793.

  • CNBC's Sharon Epperson discusses the day's activity in the commodities markets. The spread between Brent and WTI is shrinking due to a changing global supply picture, she says.

  • *Protest group in Libya discusses possible end to blockade. *WTI-Brent spread narrows as TransCanada fills pipeline. (Updates prices to settlement, adds Libya development).

  • *WTI-Brent spread narrows as TransCanada fills pipeline. NEW YORK, Dec 10- U.S. crude rose on Tuesday as market participants digested news of progress toward the opening of a major pipeline that will transport oil from the U.S.

  • Russia eyes Arctic in global energy power struggle Tuesday, 10 Dec 2013 | 1:20 PM ET

    Vladimir Putin ordered Russia's military to increase its focus on the Arctic and finish plans to upgrade military bases there.

  • *WTI-Brent spread narrows as TransCanada fills pipeline. NEW YORK, Dec 10 (Reuters)- Brent crude oil slid on Tuesday, extending losses for a second session on reports of a possible end to the months-long blockade of east Libyan oil terminals.

  • OPEC cuts output closer to 2014 demand Tuesday, 10 Dec 2013 | 11:14 AM ET
    OPEC HQ's in Vienna, Austria.

    OPEC has trimmed its crude oil output toward next year's global requirement, the exporter group said on Tuesday.

  • UPDATE 5-Brent crude oil falls on Libya supply reports Tuesday, 10 Dec 2013 | 9:47 AM ET

    *Protest group in Libya signals possible end to oil blockade. *WTI-Brent spread narrows as TransCanada fills pipeline. Brent for January was down 26 cents at $109.13 a barrel by 1429 GMT, having risen briefly by more than $1 to a high of $110.45.

  • Saudi America? Oil groups rush to export US crude Tuesday, 10 Dec 2013 | 8:39 AM ET
    A construction worker specializing in pipe-laying sandblasts a section of pipeline outside Watford City, N.D.

    Oil companies are securing licences to export U.S. crude at the fastest rate since records began, the FT reports.

  • *WTI-Brent spread narrows as TransCanada fills pipeline. LONDON, Dec 10- Brent crude oil rose above $110 a barrel on Tuesday, recouping some of the previous session's losses- the sharpest in over five weeks. Brent for January was up 80 cents at $110.19 a barrel by 0952 GMT, having risen briefly by more than $1 to $110.45.

  • SINGAPORE, Dec 10- Brent crude rose toward $110 a barrel on Tuesday, recouping some of the previous session's sharp losses, as data from China reaffirmed signs of stabilising growth and fuel demand in the world's second-largest oil consumer.

  • Brent holds above $109 ahead of China data Monday, 9 Dec 2013 | 10:28 PM ET

    *China data may reinforce signs of stabilising growth. SINGAPORE, Dec 10- Brent crude hovered above $109 a barrel on Tuesday ahead of data from China that may reaffirm signs of stabilising growth and fuel demand in the world's second largest oil consumer. Brent crude for January edged up 14 cents to $109.53 a barrel by 0315 GMT.

  • US oil rallies over $98, boosted by pipeline hopes Tuesday, 10 Dec 2013 | 2:38 PM ET
    Heat rises from stacks at the Chevron refinery in Richmond, California.

    U.S. crude rose on Tuesday, reacting to news of progress toward the opening of a major pipeline that will transport oil from the Midwest.

  • SINGAPORE, Dec 10- U.S. crude futures edged up on Tuesday, holding above $97 a barrel, on expectations of a second weekly drop in crude inventories in the United States. *Iranian Foreign Minister Javad Zarif said the Iranian nuclear deal would be dead if the U.S. Congress imposes new sanctions, even if they do not take effect for six months, Time Magazine said.

  • Commodities tomorrow: Nat gas futures climb     Monday, 9 Dec 2013 | 4:00 PM ET

    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.

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