U.S. crude futures fell below $100 a barrel in early Asian trade on Wednesday, dropping below the level for a second day as a higher-than-expected rise in inventories in the world's biggest oil consumer revived demand growth worries.» Read More
LONDON, Oct 22- Brent crude oil rose above $110 per barrel on Tuesday, pulling its premium above U.S. light crude oil to its widest in six months, after reports of a deterioration in relations between the United States and key OPEC oil producer Saudi Arabia.
Matt Smith of Schneider Electric explains why he thinks oil prices could head higher.
Stephen Davies, CEO, Javelin Wealth Management explains why the road ahead for commodities may be a volatile one.
Digging into some of the latest earnings data, and the drop in oil, with Scott Nations of NationsShares, and Larry Glazer, Mayflower Advisors.
*First rise in Cushing stocks in more than three months. LONDON, Oct 22- U.S. crude oil fell below $99 a barrel on Tuesday to its lowest since early July after crude stockpiles rose more than expected in the world's top oil consumer, pushing the discount to North Sea Brent crude to its widest in six months.
SINGAPORE, Oct 22- U.S. crude oil fell below $99 a barrel on Tuesday, hitting its lowest since July, with the discount to European Brent hitting its widest in six months as crude oil inventories rose more than expected in the world's largest oil consumer. Brent crude oil futures for December delivery were up 7 cents at $109.71 a barrel at 0246 GMT.
SINGAPORE, Oct 22- U.S. oil futures fell to their lowest since early July below $99 a barrel on Tuesday, pressured by rising U.S. crude inventories that reflected slow demand in the world's top consumer. *U.S. crude for November delivery fell as low as $98.85 a barrel, its lowest level since July 2, having breached the $100 support on Monday.
BHP Billiton has outlined plans to exit a series of Indian oil and gas explorations projects after being hit by lengthy regulatory delays.
What's going in with oil in the U.S., with Dennis Gartman of The Gartman Letter. The U.S. "is becoming a dominant force" by being the world's largest producer of crude oil. He thinks oil will drop 15 percent.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
NEW YORK, Oct 21- U.S. crude oil tumbled below $100 a barrel for the first time since July on Monday amid fears of excessive near-term supplies, and most other commodities closed lower too on uncertainties about demand. In oil, the discount of New York- traded crude versus Europe's Brent hit its widest in six months as diminished oil inventories in the U.S.
*EIA data shows first draw at Cushing in more than three months. NEW YORK, Oct 21- U.S. crude oil prices on Monday tumbled below $100 a barrel for the first time since July, while the discount versus European Brent hit its widest in six months as diminished Midwest inventories began to grow.
Where oil investors should put their money, with, Tim Rezvan of Sterne Agee. "We expect to see significant increased oil hedging through 2015," he says.
Is Concho a good bet? Its CEO Tim Leach says in the last 5 years, there has been more oil and gas discovered than what has been produced in the last 90 years, and discusses the costs to drilling.
*EIA data shows first draw at Cushing in more than three months. NEW YORK, Oct 21- Oil prices fell on Monday, with U.S. crude breaking below $100 a barrel for the first time since early July, as U.S. inventories rose.
The US oil and gas market offers something that virtually no other market in the world does—easy entry for non-traditional investors.
Discussing the U.S. energy renaissance, with Chris Faulkner, Breitling Oil and Gas president and CEO. "I think this is making America more competitive," he says.
CNBC's Brian Sullivan speaks to Scott Sheffield, CEO of Pioneer Natural Resources about how many people it employs, and its refocus on the Spraberry field.
CNBC's Brian Sullivan reports from Midland, Texas, where he says an oil boom is happening unlike any America has seen.
NEW YORK, Oct 21- Brent's premium to U.S. oil widened to touch the 200- day moving average for the first time in seven months after government data showed a build in oil inventories at U.S. oil storage hub Cushing for the first time since late June. U.S. oil's discount to global benchmark Brent $9.89 per barrel. It widened by as much as $9.94 and was last trading at $9.87.