Negotiators could still reach a deal to lift sanctions on Iranian oil exports and send prices further south, analysts say.» Read More
LONDON, April 1- Brent crude oil futures slipped below $55 a barrel on Wednesday on speculation that a last-minute deal over Iran's nuclear program would be reached, opening the way for more Iranian crude to come into world markets. Talks between Iran and six world powers to settle a dispute around Tehran's nuclear program extended beyond a Tuesday deadline.
*Iran nuclear talks extend beyond Tuesday deadline. SINGAPORE, April 1- Oil futures edged lower on Wednesday amid speculation that a last-minute deal over Iran's nuclear programme would be reached that could allow more Iranian crude into world markets. Talks between Iran and six world powers to settle a dispute around Tehran's nuclear programme extended...
LAUNCESTON, Australia, April 1- The state of China's oil storage tanks is shaping up as a key determinant of the likely path of imports by Asia's largest fuel consumer. A trading executive at top Chinese refiner Sinopec weighed into the issue on March 25, saying China's commercial and strategic storage is almost full. If the Sinopec official is correct, it almost...
*Iran nuclear talks extend beyond Tuesday deadline. Talks between Iran and six world powers to settle a dispute around Tehran's nuclear programme extended beyond a Tuesday deadline, as the parties edged towards a deal but failed to agree to crucial details such as the lifting of U.N. sanctions. Talks had appeared to bog down, after the United States warned that it...
TOKYO, April 1- U.S. crude futures edged up on Wednesday, following a more than 7 percent decline over the past three days, as Iran and world powers negotiated beyond a Tuesday deadline, raising uncertainty over a nuclear deal that could add to a global crude glut. *NYMEX crude for May delivery was up 9 cents at $47.69 a barrel by 2257 GMT, after settling down $1.08 at...
CNBC "Fast Money" traders picked their best plays on the continued up-and-down movement in oil prices.
FM trader Pete Najarian notices unusual activity in Twitter.
Discussing the impact of Iran's nuclear deal on the energy sector, with Dennis Gartman of the Gartman Letter, who says the time to short oil has passed.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down for the third straight day, due to dollar strength, an increase in OPEC output, and the possibility of a nuclear deal with Iran.
OIL PRICES LITTLE CHANGED, REMAIN DOWN, AFTER API DATA ON WEEKLY U.S.
BRENT CRUDE OIL SETTLES DOWN $1.18, OR 2.1 PERCENT, AT $55.11 A BARREL.
CRUDE OIL SETTLES DOWN $1.08, OR 2.2 PERCENT, AT $47.60 A BARREL.
CNBC's Jackie DeAngelis reports what factors are pushing oil lower Tuesday.
The Futures Now team discuss whether oil prices are likely headed lower.
OPEC oil supply has jumped in March to its highest since October, a Reuters survey found.
Carl Icahn was right about Chesapeake Energy in 2012, buying the energy stock when it bottomed out. Is it time to join Icahn's trade again?
*Iran negotiations in Lausanne enter last 24 hours. LONDON, March 31- Brent crude oil dropped towards $55 a barrel on Tuesday as Iran and six world powers entered a final day of talks over a nuclear deal that could see the energy-rich country increase oil exports to world markets. With a self-imposed deadline set for the end of the day, the United States, Britain,...
*Oil imports from Iran at 220,000 bpd in year to March 31. *U.S. pressured India not to raise annual Iran oil imports. NEW DELHI, March 31- India halted oil imports from Iran for the first time in at least a decade in March as New Delhi responded to U.S. pressure to keep its shipments from Tehran within sanction limits during the last month of negotiations on a preliminary...
Jochen Wermuth, Managing Partner of Wermuth Asset Management, talks about the Russian markets, adding that if Moscow focuses solely on oil and gas, it will suffer.
For the past year, the turmoil in energy markets has been the biggest event in global financial markets, says David Mann, chief economist, Asia at Standard Chartered Bank.