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  • *Iran reiterates opposition to nuclear deal with timelines. NEW YORK, March 4- U.S. oil futures rose on Wednesday and benchmark Brent pared losses as OPEC member Iran stressed that it opposed a timeline for a freeze on nuclear activities, news that helped crude rebound from an early slide tied to swelling U.S. stockpiles. U.S. crude settled up $1.01 at $51.53 a barrel,...

  • NEW YORK, March 4- U.S. oil futures rebounded on Wednesday and benchmark Brent pared losses as OPEC member Iran reinforced its opposition to a nuclear deal with timelines, helping the market recover from an earlier price slide tied to big U.S. crude supplies. Brent was down 57 cents at $60.45 a barrel at 2:41 p.m. EST, off the day's low of $59.47.

  • Exxon CEO: Get used to lower oil prices Wednesday, 4 Mar 2015 | 11:57 AM ET

    NEW YORK— Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth. "People need to kinda settle in for a while," Tillerson said at the company's annual investor conference in New York. Meanwhile, weakening economic conditions in China, Japan and Europe slowed...

  • *Saudi Arabia raises monthly prices for crude sales. LONDON, March 4- Brent crude oil extended losses to fall below $60 a barrel on Wednesday after a much larger-than-expected build in U.S. crude stocks, while Saudi Arabia's oil minister said he expected the market to balance itself and prices to recover. April Brent fell $1.46 to $59.56 by 1538 GMT, dropping below...

  • Crude pouring into Cushing, OK  Wednesday, 4 Mar 2015 | 10:34 AM ET

    CNBC's Morgan Brennan reports crude inventories in Cushing, Oklahoma, continue to build.

  • Cashin: Global markets nervous  Wednesday, 4 Mar 2015 | 10:33 AM ET

    Art Cashin of UBS, discusses the large crude inventory build, and the reasons for the market selloff.

  • Crude oil inventories build 10.3 million barrels  Wednesday, 4 Mar 2015 | 10:30 AM ET

    The weekly crude inventory report surpassed expectations, reports CNBC's Jackie DeAngelis.

  • Pro: Rocky bottom in oil  Wednesday, 4 Mar 2015 | 10:06 AM ET

    Digging into the possible "rocky bottom" in oil, with Rob Santangelo, Credit Suisse managing director, and Art Hogan, Wunderlich market strategist.

  • Saudi Arabia raising prices to US  Wednesday, 4 Mar 2015 | 9:44 AM ET

    CNBC's Jackie DeAngelis gives an update on oil numbers and the inventory data to expect from the Department of Energy.

  • LONDON, March 4- Brent crude oil slipped towards $60 a barrel on Wednesday as a stronger dollar pressured commodity prices, while Saudi Arabia's oil minister said he expected the market to balance itself and for prices to recover. Oil Minister Ali al-Naimi said he expected supply and demand would soon match and oil prices, which hit a near six-year low of $45 in...

  • Saudi Arabia expects oil price to stabilize Wednesday, 4 Mar 2015 | 9:03 AM ET
    Saudi Arabian Oil Minister Ali al-Naimi

    Saudi Arabia's oil minister said he expected oil prices, which hit a near six-year low in January, to stabilize, signalling cautious optimism.

  • LONDON, March 4- Brent crude oil steadied above $60 a barrel on Wednesday after Saudi Arabia's oil minister said he expected the oil market to balance itself. Oil Minister Ali al-Naimi said he hoped and expected the oil market to balance and prices, which hit a nearly six-year low around $45 in January, to stabilize, adding to signs OPEC's largest exporter is...

  • McClendon seeks cash for next big venture  Wednesday, 4 Mar 2015 | 6:22 AM ET

    CNBC's Kate Kelly reports Aubrey McClendon of American Energy Partners is at it again, raising money for new drilling investments but there are a number of headwinds.

  • LONDON, March 4- Falling oil production remains the most important risk to Mexico's economy this year and may force the government to tighten spending further into 2016, Mexican Finance Minister Luis Videgaray said on Tuesday. Oil accounts for 13 percent of Mexico's exports and a third of budget revenues. A steep drop in oil prices, which has weighed on the peso...

  • *Fighting escalates in Libya, militants seize oilfield. LONDON, March 4- Brent dipped on Wednesday but held above $60 a barrel, supported by a rise in Saudi crude prices and air strikes and militant raids on oil facilities in Libya. In a move widely seen as showing Saudi Arabia's confidence in a demand recovery, the OPEC kingpin raised official selling prices for its...

  • The risks of investing in Russia  Wednesday, 4 Mar 2015 | 2:10 AM ET

    Karl Hennessy, CEO of Aon Global Broking, highlights the risks of investing in Russia this year, drawing on the firm's latest political risk map.

  • Crude reality: Oil poses biggest political risk Wednesday, 4 Mar 2015 | 2:12 AM ET

    Low oil prices will compound political risks across emerging markets this year, according to a new report released Wednesday.

  • What Saudi Arabia's move means for oil prices  Tuesday, 3 Mar 2015 | 10:33 PM ET

    Jonathan Barratt, CIO at Ayers Alliance Securities, discusses news that Saudi Arabia raised the official selling prices for its oil deliveries to Asia and the U.S. on Tuesday.

  • *Saudi Arabia raises monthly prices for crude sales to U.S., Asia. SINGAPORE, March 4- Brent dipped on Wednesday but held above $60 a barrel, supported by a rise in Saudi crude prices and air strikes on oil facilities in Libya. In a move widely seen as showing Saudi Arabia's confidence about a recovery in demand, the OPEC kingpin raised the official selling prices for...

  • Brent holds above $60 after Saudi price hikes Tuesday, 3 Mar 2015 | 10:10 PM ET

    *Fighting escalates in Libya before UN talks. SINGAPORE, March 4- Brent held above $60 a barrel on Wednesday supported by a hike in Saudi crude prices and strikes on oil facilities in Libya. In a move widely seen as a vote of confidence by Saudi Arabia in demand recovery, the OPEC kingpin raised the official selling prices for its oil deliveries to Asia and the United...