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  • *U.S. rig count data at lowest since April 2011. NEW YORK, March 6- Crude oil prices closed down on Friday, with benchmark Brent losing its most in a week since January, as a resurgent dollar and fear of a U.S. rate hike diverted attention from the shrinking number of rigs drilling for oil in the United States. Benchmark Brent oil settled down 75 cents, or 1.2 percent, at...

  • NEW YORK, March 6- Crude prices fell on Friday as a rallying dollar and fears of a rate hike due to strong U.S. jobs growth suppressed the market, diverting attention from a near four-year low in the number of rigs drilling for oil in the United States. Worries about the security of Libyan and Iraq crude supplies, which had put a floor beneath the market in the earlier...

  • US rig count down 75 this week  Friday, 6 Mar 2015 | 1:05 PM ET

    CNBC's Dominic Chu reports Baker Hughes' rig count is down 75 to 1192 rigs.

  • Derailed oil train burns; shipment delays expected Friday, 6 Mar 2015 | 11:48 AM ET

    A BNSF Railway train loaded with crude oil that derailed and caught fire Thursday afternoon was still burning Friday.

  • *Fighting in Iraq, oil wells closure in Libya support prices. *Coming Up: Baker Hughes oil rig data at 1:00 p.m EST. NEW YORK, March 6- Oil fell on Friday as the dollar surged on bets of a near-term rate hike from strong U.S. jobs growth, offsetting an early run up in crude prices on worries about Libyan and Iraq supplies.

  • Oil volatility's newest trade  Friday, 6 Mar 2015 | 10:22 AM ET

    CNBC's Jackie DeAngelis reports on CME's new oil storage contract set to launch March 29th.

  • OTTAWA, March 6- Canada's trade deficit in January more than doubled to a near-record C $2.45 billion, Statistics Canada said on Friday, amid a slump in oil prices that has crimped the resource-dependent economy. The deficit- considerably wider than the C $1 billion shortfall expected by analysts- was the second highest after the C $2.87 billion recorded in July...

  • LONDON, March 6- Brent crude oil steadied above $60 a barrel on Friday as a stronger dollar balanced worries over the impact of fighting in Libya and Iraq on Middle East and North African oil production. Brent was down 5 cents a barrel at $60.43 by 1450 GMT. "The economy, with respect to jobs, is doing a pretty good job of growing," said Bruce Mccain, Chief Investment...

  • LONDON, March 6- Brent crude oil rose towards $61 a barrel on Friday as fighting in Libya and Iraq stoked output worries, while traders kept a close eye on Iran nuclear talks that could eventually bring more supply to world markets. Fighting has escalated in northeast Iraq, where Islamic State militants have set fire to oilfields to deter Shi'ite militiamen and...

  • Greenspan: QE effect  Friday, 6 Mar 2015 | 7:41 AM ET

    Former Federal Reserve Chairman Alan Greenspan, talks about the impact of QE on the U.S. economy and interest rates.

  • Greenspan: Future of oil and euro  Friday, 6 Mar 2015 | 7:37 AM ET

    Former Federal Reserve Chairman Alan Greenspan, weighs in on the impact of low energy prices on the economy and whether the euro is doomed.

  • *Nuclear talks between Iran and big powers continuing. SINGAPORE, March 6- Brent crude oil rose to around $61 a barrel on Friday as fighting in Libya and Iraq stoked output worries, while traders kept a close eye on Iran nuclear talks that could eventually bring more supply to world markets. Worries about oil supplies from the Middle East helped widen the premium...

  • SINGAPORE, March 6- Brent crude rose to trade near $61 a barrel on Friday as geopolitical tensions in Libya and Iraq stoked supply worries, while traders eyed U.S. rig counts and the outcome of Iran nuclear talks for further trading cues. Fighting has escalated in northeast Iraq where the Islamic State militants have lit up oil wells to deter Shi'ite militiamen...

  • SINGAPORE, March 6- Brent crude rose above $61 a barrel on Friday amid geopolitical tensions in Libya and Iraq, while traders eyed U.S. rig counts and the outcome of Iran nuclear talks for further trading cues. Fighting has escalated in northeast Iraq where the Islamic State militants have lit up oil wells to deter Shi'ite militiamen and Iraqi soldiers from...

  • Brent climbs above $61 on Mideast supply concerns Thursday, 5 Mar 2015 | 10:37 PM ET

    SINGAPORE, March 6- Brent crude rose above $61 a barrel on Friday, supported by geopolitical tensions in Libya and Iraq, while traders eyed the outcome of Iran nuclear talks for further trading cues. Fighting has escalated in northeast Iraq where the Islamic State militants have lit up oil wells to deter Shi'ite militiamen and Iraqi soldiers from advancing.

  • US crude settles down $1.15, at $49.61 a barrel Friday, 6 Mar 2015 | 2:42 PM ET

    Brent steadied near $60 on Friday as a stronger dollar balanced worries over the impact of fighting in Libya and Iraq on oil production.

  • CALGARY, Alberta, March 5- Canadian crude-by-rail exports dipped in the fourth quarter from the previous three-month period, National Energy Board data showed on Thursday, as poor netbacks deterred some shippers from loading barrels onto trains bound for U.S. markets. "The differentials have come in quite a bit so they just have not been covering the railing...

  • Commodities tomorrow: Volatility continues  Thursday, 5 Mar 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI was down and Brent was up, on the day. Today's catalysts: Profit taking and a lowered China growth target.

  • Analyst's big cap oil picks: XOM, CVX & COP  Thursday, 5 Mar 2015 | 2:34 PM ET

    Pavel Molchanov, Raymond James analyst, discusses which energy stocks will benefit if indeed the oil price moves higher.

  • Oil firms are swimming in data they don't use Thursday, 5 Mar 2015 | 1:39 PM ET

    The energy industry's failure to use the data it collects means it's not as efficient as it could be, leaving money on the table.