U.S. crude pared a 5 percent jump in the previous session amid speculation Iran's nuclear talks could reach a deal adding more crude to an oil glut.» Read More
SYDNEY, Jan 19- Asian share markets were looking to edge higher on Monday, though anxious investors were wary of being disappointed yet again by economic news from China and policy stimulus in the euro zone. Oil prices started with a soft tone as Brent crude futures eased 29 cents to $49.88, while U.S. crude lost 31 cents to $48.38 a barrel. MSCI's broadest index of...
Barry Dawes, Head of Resources at Paradigm Securities, expects U.S. shale production to slow within the next three to four months.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead to next week. A wild week for crude, but it ended up around 1 percent for the week.
CNBC's Jackie DeAngelis and Morgan Brennan look at the impact low oil is having on job and companies heavily invested in the oil trade.
Chris Lafakis, Moody's Analytics, predicts $80 oil by the end of 2015 based on supply and demand.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. President Obama delivers his State of the Union Tuesday. Monday is a holiday and the ECB is expected to announce its own stimulus program.
Some commodity traders are taking delivery of oil at the current price and storing it with the hopes of selling it at a later date for a profit.
How low oil prices have changed the price strategy for airlines, with Jason Clampet, Skift co-founder.
WASHINGTON, Jan 16- Current low oil prices are a short-term blip and will not affect how the U.S. crafts new environmental regulations, including forthcoming standards for heavy duty vehicles, the Environmental Protection Agency chief said Friday. The EPA is working on the next round of fuel standards for trucks that will extend beyond current rules for the...
This just may be the earnings season that we see the impact of the global slowdown, says Michael Yoshikami.
Gerry Cauley, NERC CEO, discusses how EPA air and water rules could impact power grid reliability, with CNBC's Rick Santelli.
CNBC's Jackie DeAngelis reports oil is rebounding after yesterday's volatile session, and non-OPEC producers will cut back on production, however overall creation will increase.
Top fund manager Bill Nygren views the precipitous fall in energy stock prices as creating "the area to be opportunistic in."
Jim Chanos, Kynikos Associates founder, discusses his call on Caterpillar and the key areas where he sees weakness.
The business model has changed, says Jim Chanos, Kynikos Associates founder, sharing his short strategy on oil companies.
*IEA: price floor "anybody's guess," recovery may not be imminent. LONDON, Jan 16- Brent crude oil rose more than $2 to around $50 a barrel on Friday after the West's energy watchdog forecast the market sell-off would end, although analysts said a strong rebound soon was unlikely as global output continued to outweigh demand. The International Energy Agency said the...
LONDON, Jan 16- The shockwaves of Switzerland's move to ditch its currency cap were still being felt on Friday, as investors made a fresh grab for top-rated government bonds, and world shares and commodities headed for another week of losses. For once commodity markets were an area of relative calm as oil climbed to just below $49 a barrel, safe-haven gold cooled...
*IEA: price floor "anybody's guess," recovery may not be imminent. LONDON, Jan 16- Brent crude oil rose more than $2 to almost $50 a barrel on Friday after the West's energy watchdog forecast the market downtrend would end, although analysts said a strong rebound soon was unlikely as global output continued to outweigh demand. The International Energy Agency said oil...
SINGAPORE, Jan 16- Brent crude oil futures rose above $49 a barrel on Friday as the IEA said the tide of recent price slumps may turn, although analysts said a strong rebound anytime soon was unlikely as global output continues to outweigh demand. Oil prices have dropped by more than half since last June as production around the world has soared while demand slows,...
A recovery in the price of oil might not be "imminent" but there are tentative signs that the tide is turning, the International Energy Agency said.