A new report from an economic research firm makes a surprising case for crude oil to eventually fall to $20 a barrel over the coming years.» Read More
MADISON, Wisconsin, Jan 13- The hit on Canada's oil sector from the collapse in crude prices will bleed into the rest of the economy and may delay the country's return to its production potential, Bank of Canada Deputy Governor Timothy Lane said on Tuesday. Central banks around the world, the Bank of Canada included, will "look through" or ignore the immediate and...
Paul Hickey, Bespoke Investment Group, dissects today's market activity going into earnings season.
Names to weather the energy storm, with Paul Grigel, Macquarie.
Chris Bertelsen, Global Financial Private Capital, discusses how lower energy prices are impacting the consumers and restaurant space.
NEW YORK, Jan 13- Oil prices fell by up 3 percent to near six-year lows on Tuesday, with Brent briefly trading at par to U.S. crude for the first time in three months as some traders moved to take advantage of ample storage space in the United States. Brent was down $1.48 at $45.95 a barrel by 1850 GMT, after falling to $45.19, its lowest since March 2009.
CNBC's Eamon Javers reports there will be no change in oil export regulations. White House Press Secretary Josh Earnest says the Commerce Department would announce any changes.
*Older tankers being booked to store oil, boon for owners. *Last oil storage play seen in 2009. LONDON, Jan 13- Some of the world's biggest oil traders have booked supertankers to store at least 25 million barrels at sea in recent days, seeking to take advantage of the crash in crude prices and make a profit down the line.
Three major ways railroad operators could feel the effects of falling energy prices, with CNBC's Morgan Brennan.
Where to find opportunity in the energy slump, with Carl Larry, OilOutlooks.com president, and Michael Lamotte, Guggenheim Partners.
Why the narrowing price difference between crude and Brent is a big deal, with CNBC's Jackie DeAngelis.
Dan Dicker, MercBloc president, provides insight into oil's downward momentum and how the lack of buyers impacts prices.
Traders smelling blood—or maybe oil—in the water have piled into shorts against energy-related companies.
The US economy may be chugging along but pay attention to these red flags for global growth, says Ron Insana.
WTI crude oil fell through a key level of $45 a barrel twice on Tuesday, but recovered above that level, causing some analysts to call another bottom.
"The stock market rallied and that helped U.S. crude and the $44 a barrel level had been a target number for traders and U.S. crude held above that early on Tuesday," said Phil Flynn, analyst at Price Futures Group in Chicago. U.S. crude had fallen to an April 2009 low of $44.20 earlier in the session before pulling back to trade down about 40 cents at $45.67 a barrel by...
The crucial support level in WTI Crude is $42, but we'll likely see crude trade in the $30s.
Jan 13- Moody's Investors Service cut its rating on Venezuela by two notches to the agency's third lowest on Tuesday, citing a high risk of the country defaulting on its debt due to lower oil prices. The rating agency also forecast that Venezuela's estimated current account surplus of more than 2 percent of gross domestic product in 2014 would likely shift to a...
Roger McNamee, Elevation Partners, provides his world view on investing given global chaos and uncertainty in U.S. markets.
The oil price is nearing a 6-year low. Richard Mallinson, geopolitical analyst at Energy Aspects, says markets are looking for "a turning point" in oil production and it will end up being non-OPEC countries that cut supplies.
U.K. inflation has fallen to 0.5 percent, putting pressure on the Bank of England's Mark Carney. Sam Hill, senior U.K. economist at RBC Capital Markets, weighs in.