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  • UPDATE 4-Oil up near $62 after Saudi comments on demand Thursday, 26 Feb 2015 | 7:35 AM ET

    LONDON, Feb 26- Oil rose towards $62 a barrel on Thursday as indications of a coming recovery in demand offset a further jump in U.S. crude stockpiles which underlined currently ample supplies. Crude benchmarks in the U.S. and Europe posted their largest percentage gains in nearly two weeks on Wednesday, supported by remarks from Saudi Arabia's oil minister, Ali...

  • LONDON, Feb 26- Oil rose above $62 a barrel on Thursday as indications of a coming recovery in demand offset a further jump in U.S. crude stockpiles which underlined currently ample supplies. Crude benchmarks in the U.S. and Europe posted their largest percentage gains in nearly two weeks on Wednesday, supported by remarks from Saudi Arabia's oil minister, Ali...

  • Fed: The talk of inflation  Thursday, 26 Feb 2015 | 5:20 AM ET

    Will the Fed still raise rates, with today's CPI number inflation expected to decline? Boris Schlossberg, managing director at BK Asset Management, and Kathy Bostjancic, director of U.S. macro investor services at Oxford Economics, weigh in.

  • MOSCOW, Feb 26- The rouble and Russian shares opened with firm gains on Thursday, tracking up the rallying oil price and following signs that a ceasefire is taking hold in eastern Ukraine. On Thursday Brent was down 0.2 percent at around $61.5 per barrel, still holding comfortably above the $60 mark. He added that investors in Russia would also be encouraged by...

  • SINGAPORE, Feb 26- Brent crude fell towards $61 per barrel on Thursday, after a sharp rally in the previous session, as bulging U.S. crude stockpiles offset indications of a recovery in demand. "The previous gains reflected the fact that the market is looking forward to more production cuts coming with declines in rig counts," said Ric Spooner, chief analyst at CMC...

  • UPDATE 1-Brent drops towards $61 as US crude stocks rise Thursday, 26 Feb 2015 | 12:55 AM ET

    SINGAPORE, Feb 26- Brent crude fell towards $61 per barrel on Thursday, after a sharp rally in the previous session, as bulging U.S. crude stockpiles offset indications of a recovery in demand. "The previous gains reflected the fact that the market is looking forward to more production cuts coming with declines in rig counts," said Ric Spooner, chief analyst at CMC...

  • Brent falls towards $61 as US crude stocks weigh Wednesday, 25 Feb 2015 | 9:37 PM ET

    SINGAPORE, Feb 26- Brent crude fell towards $61 on Thursday, reversing previous gains as a bulging U.S. crude stockpiles offset glimpses of an oil demand recovery. Both Brent and U.S. crude recorded their largest percentage gains in nearly two weeks at Wednesday's settlement, closing more than 30 percent higher than the trough of $46.59 a barrel on Jan 13.

  • US crude ends down 5.5% on ample supply Thursday, 26 Feb 2015 | 2:38 PM ET

    Crude oil futures fell on Thursday, as bulging U.S. crude stockpiles offset indications of a recovery in demand.

  • SINGAPORE, Feb 26- U.S. crude held steady just below $51 a barrel in early Asian trade on Thursday after rising back above $50 the previous session, while heating oil futures also held steady above $2.10 a gallon. *Heating oil futures were trading at $2.11 a gallon, slightly below a three month high reached earlier in the week, as some of the biggest U.S. East Coast...

  • The end of oil's rout? Not yet, says this expert  Wednesday, 25 Feb 2015 | 6:31 PM ET

    Matt Smith, commodity analyst at Schneider Electric, explains why oil prices could still come under pressure, with the buildup of oil supply likely to exacerbate.

  • Are oil producers running out of closet space? Wednesday, 25 Feb 2015 | 5:51 PM ET
    Oil tanks and pump jacks are seen in an oil field near Bakersfield, Calif.

    Oil supply running ahead of demand hasn't just pressured prices, it's also filling up storage space, potentially pushing crude toward another leg down.

  • Commodities tomorrow: Wait, oil was up?  Wednesday, 25 Feb 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Even after an 8.4 million barrel build, oil ended the day over $50.

  • *Saudi Arabia's oil minister said sees demand improvement. NEW YORK, Feb 25- Brent crude oil futures surged 5 percent on Wednesday, after Saudi Arabia's oil minister said oil demand was growing and data showed Chinese factories were producing more than expected. Brent April crude rose $2.97 to settle at at $61.63 a barrel.

  • Crude oil settles at $50.99 per barrel  Wednesday, 25 Feb 2015 | 2:33 PM ET

    What's fueling oil's rally into the close, with CNBC's Jackie DeAngelis.

  • BRENT CRUDE FUTURES EXTEND GAINS TO MORE THAN 5 PERCENT, UP MORE THAN $3/ BBL.

  • *Saudi Arabia's oil minister said sees demand improvement. NEW YORK, Feb 25- Crude oil futures rose on Wednesday after Saudi Arabia's oil minister said oil demand was growing and data showed Chinese factories were producing more than expected. Brent April crude was up $1.34 at $60.00 a barrel at noon EST.

  • 40-vehicle pileup in Maine leaves at least 14 injured Wednesday, 25 Feb 2015 | 12:11 PM ET
    In this photo provided by Maine State Police And Maine Emergency Management, emergency personnel respond to a multi vehicle pileup on Interstate 95 near Bangor, Maine, Wednesday, Feb. 25, 2015.

    At least two are in serious condition after an accident in Etna, Maine that involved cars, a school bus and a tractor trailer.

  • Crude oil inventories build  Wednesday, 25 Feb 2015 | 10:31 AM ET

    CNBC's Jackie DeAngelis reports oil traders are eyeing oil production.

  • CRUDE FUTURES EXTEND LOSSES AFTER EIA DATA SHOWS LARGE CRUDE STOCKS BUILD.

  • CRUDE FUTURES TURN LOWER AHEAD OF EIA DATA AS CRUDE INVENTORY RISE IN API DATA WEIGHS.