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  • LONDON, April 17- Lifting sanctions on Iran's oil industry could significantly change the outlook for oil supply and prices, the head of the U.S. Energy Information Administration told U.S. legislators. "If and when sanctions are lifted, EIA's baseline forecast for world crude oil prices in 2016 could be reduced $5- $15 per barrel," Adam Sieminski said to the...

  • It's all about inflation Friday Friday, 17 Apr 2015 | 5:59 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Friday's March consumer price index is more important since it is one piece of data traders say could change their assumptions on Fed policy.

  • Is the oil recovery here to stay?   Friday, 17 Apr 2015 | 5:30 AM ET
    Is the oil recovery here to stay?

    Michael Scialla, research analyst at Stifel, says that despite oil's volatility, he expects prices to rise in the next 18 months.

  • Prepare for a 'messy' year-end for oil: Citi Friday, 17 Apr 2015 | 9:19 AM ET

    The price of oil could come under serious pressure towards the end of the year if a recent bounce back in prices holds for the next few months, a closely-watched oil analyst has warned.

  • *OPEC says March output up by 810,000 bpd. SINGAPORE, April 17- Brent crude oil prices fell on Friday, ending a run of rallies earlier in the week, after OPEC said that its output surged in March, adding to a global glut. Dipping output from the United States and other rival producers due to oil prices halving since June last year, increased demand for OPEC's supplies, the...

  • Oil Iraq OPEC

    Baker Hughes reported on Friday U.S. drillers took fewer rigs out of oilfields after the biggest drop in a month the previous week.

  • *OPEC says March output up by 810,000 bpd. SINGAPORE, April 17- Brent crude oil prices fell over a dollar on Friday, ending a run of rallies earlier in the week, after OPEC said that its output surged in March, adding to a global glut. "The strategy of OPEC to put pressure on the high-cost producers is working, but the individual members seem to have moved off that focus and...

  • Oil prices fall as OPEC production soars Thursday, 16 Apr 2015 | 8:54 PM ET

    *OPEC says March output up by 810,000 bpd. SINGAPORE, April 17- Oil prices fell in early trading on Friday, ending a run of rallies earlier in the week, after OPEC said that its output surged in March, adding to a global glut. "The strategy of OPEC to put pressure on the high-cost producers is working, but the individual members seem to have moved off that focus and are...

  • SINGAPORE, April 17- U.S. crude futures slipped towards $56 a barrel on Friday as soaring oil production from OPEC members stoked concerns over a global glut, but Middle East tensions kept a floor under prices. It climbed 32 cents to settle at $56.71 the day before, after hitting a 2015- high of $57.42. *Russian President Vladimir Putin said Iran's flexibility over...

  • Schlumberger cuts 11K more jobs as drilling falls Thursday, 16 Apr 2015 | 5:42 PM ET
    Rig hands from Schlumberger Ltd. And Cofor work on the floor section of a drilling rig at the geothermal energy extraction site operated by Semhach SA in Villejuif, France.

    Oil equipment provider Schlumberger on Thursday said it would cut an additional 11,000 jobs, which brings the total number of cuts to 20,000.

  • It's all about inflation Friday Thursday, 16 Apr 2015 | 5:31 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Friday's March consumer price index is more important since it is one piece of data traders say could change their assumptions on Fed policy.

  • Netflix soared 18 percent after announcing a surge in subscribers in the latest quarter. Citigroup rose 2 percent after reporting stronger earnings as its legal costs fell. The price of U.S. crude oil rose 32 cents to close at $56.71 a barrel in New York.

  • What's pumping oil   Thursday, 16 Apr 2015 | 3:45 PM ET
    What's pumping oil

    CNBC's Jackie DeAngelis discusses the significance of oil's upward momentum. Larry McDonald, Societe Generale, weighs in on the commodity.

  • Is fracking behind the increase in Oklahoma earthquakes

    CNBC's Morgan Brennan reports that earthquakes have been happening with increasing frequency in Oklahoma, and the US Geological Survey says injecting wastewater back into the earth's crust via disposal wells could be the cause.

  • CRUDE TURNS HIGHER ON YEMEN CONFLICT.

  • CRUDE PARES LOSSES ON YEMEN CONFLICT.

  • Crunch time for drillers   Thursday, 16 Apr 2015 | 12:51 PM ET
    Crunch time for drillers

    Energy companies are in talks with bank lenders about borrowing money, which is prompting some to dump out of their bank loans, reports CNBC's Kate Kelly.

  • Bearish nat gas inventories   Thursday, 16 Apr 2015 | 10:30 AM ET
    Bearish nat gas inventories

    Natural gas inventories came in more than expectations up 63 BCF, reports CNBC's Jackie DeAngelis.

  • Goldman's energy outlook   Thursday, 16 Apr 2015 | 10:24 AM ET
    Goldman's energy outlook

    Crude saw the biggest 1-day rally in 2 months. Michele Della Vigna, Goldman Sachs, discusses his forecast for the rest of the year.

  • OPEC: Rivals' oil supply growth will slow Thursday, 16 Apr 2015 | 7:08 AM ET
    Oil pumps in operation at an oilfield near central Los Angeles.

    OPEC reduced its forecasts for non-OPEC oil supply growth in 2015, but said demand for its oil would be higher than previously thought.