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  • Iraq warns US on Kurd oil     Monday, 28 Jul 2014 | 10:13 AM ET

    CNBC's Michelle Caruso-Cabrera reports Iraq's lawyers demand that oil on a Kurdish tanker near the Port of Galveston be delivered to Iraq.

  • Massive fuel tank fire in Libya     Monday, 28 Jul 2014 | 10:13 AM ET
    A picture taken on July 28, 2014 shows smoke billowing from an oil depot where a huge blaze started following clashes around Tripoli airport, Libya.

    CNBC's Michelle Caruso-Cabrera reports the Libyan government is asking for international help to deal with a massive fuel tank fire that began because of fighting between militias.

  • *Demand weak in Europe and Asia but supplies ample. *U.S., EU prepare more sanctions on Russia over Ukraine. LONDON, July 28- Brent crude oil slipped towards $107 a barrel on Monday as ample supply in the Atlantic basin and weak demand in Europe and Asia outweighed worries over political tensions in Ukraine and the Middle East.

  • US gas prices tumble on back of refinery cuts Monday, 28 Jul 2014 | 9:08 AM ET
    Gas pumps are seen at a Chevron gas station in San Francisco, California.

    The average U.S. price for gasoline is now about 10 cents lower than a year ago. The recent drop came despite a rise in global crude oil's price.

  • BRENT CRUDE OIL FUTURES FALL OVER $1 PER BARREL ON FORECASTS FOR WEAK DEMAND AND EXCESS SUPPLIES.

  • LONDON, July 28- "The world of energy may have changed forever," according to Professor James Hamilton of the University of California. "Hundred dollar oil is here to stay." Hamilton, who is one of the most respected economists writing about oil, made his bold prediction in a paper on "The Changing Face of World Oil Markets", published on July 20.

  • Long-term potential plays     Monday, 28 Jul 2014 | 7:44 AM ET

    Kevin Holt, Invesco Comstock Fund, reveals his top integrated oil picks and explains how to escape the value trap.

  • Energy & Forex in focus     Monday, 28 Jul 2014 | 7:35 AM ET

    Carl Larry, Oil Outlooks & Opinions, and Marc Chandler, Brown Brothers Harriman, provide the latest moves in energy and currencies. The dollar is at a turning point, says Chandler.

  • Kurdish oil tanker to offload in US     Monday, 28 Jul 2014 | 7:32 AM ET

    CNBC's Michelle Caruso-Cabrera reports a tanker carrying crude oil from Iraq's Kurdistan region was cleared by the U.S. Coast Guard to unload in Texas.

  • Fire burns at huge Libyan oil depot amid clashes Monday, 28 Jul 2014 | 7:13 AM ET
    A picture taken on July 28, 2014 shows smoke billowing from an oil depot where a huge blaze started following clashes around Tripoli airport, Libya.

    Libya appeals for international help after a huge oil depot caught fire amid clashes over the country's international airport in Tripoli.

  • US oil's new 'Big Three' form million barrel club Sunday, 27 Jul 2014 | 9:00 AM ET
    An oil pump operates in the Permian Basin oil field near Carlsbad, New Mexico.

    The Bakken, Eagle Ford and Permian Basin are generating more than a million barrels of oil per day each, a third of U.S. daily production.

  • *Demand weak in Europe, Asia but supplies ample. *US, EU prepare more sanctions on Russia over Ukraine. LONDON, July 28- Brent crude oil slipped below $108 a barrel on Monday as weak demand in Europe and Asia and ample supply in the Atlantic basin outweighed political tensions in Ukraine and the Middle East.

  • Russia ordered to pay $50B to Yukos shareholders Monday, 28 Jul 2014 | 7:10 AM ET
    Mikhail Khodorkovsky, former  chairman of Yukos oil company.

    A Hague court ruled that Russia must pay a group of shareholders in defunct oil giant Yukos around $50 billion for expropriating its assets.

  • *Gaza fighting subsides with Hamas backing 24- hour truce. *U.S., EU prepare more sanctions on Russia over Ukraine conflict. SINGAPORE, July 28- Brent crude slipped near $108 a barrel on Monday as fighting between Israel and Hamas Islamist militants subsided in Gaza, but some analysts said falls may be limited.

  • *Gaza fighting subsides with Hamas backing 24- hour truce. *U.S., EU prepare more sanctions on Russia over Ukraine conflict. SINGAPORE, July 28- Brent crude slipped below $108 a barrel on Monday as fighting between Israel and Hamas Islamist militants subsided in Gaza, but some analysts said falls may be limited.

  • *Gaza fighting subsides with Hamas backing 24- hour truce. *U.S., EU prepare more sanctions on Russia over Ukraine conflict. SINGAPORE, July 28- Brent crude slipped below $108 a barrel on Monday as fighting between Israel and Hamas Islamist militants subsided in Gaza, but some analysts said falls may be limited.

  • High oil prices likely to persist: Macquarie     Sunday, 27 Jul 2014 | 9:22 PM ET

    Viktor Shvets, Head of Strategy Research, Asia at Macquarie, says ongoing geopolitical tensions may go on "for years or even decades", which will drive oil prices higher.

  • US oil ends under $102; hit by supply fears Monday, 28 Jul 2014 | 2:37 PM ET

    Oil fell as weak demand in Europe and Asia and ample supply in the Atlantic basin outweighed political drama in Ukraine and the Middle East.

  • That offset continuing violence in Gaza, Libya and Ukraine. *U.S. crude futures for September delivery fell 39 cents to $101.70 a barrel by 0009 GMT, after finishing 2 cents higher on Friday.

  • Why global commodity prices will remain weak     Sunday, 27 Jul 2014 | 6:23 PM ET

    Jay Richards, Director of Research at Just Spreads, sees lower prices for both gold and oil in the near-term as investors begin to see geopolitical unrest as common activity.