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  • UPDATE 6-Oil falls below $63 as dollar strengthens Wednesday, 27 May 2015 | 9:50 AM ET

    LONDON, May 27- Crude oil futures reversed early gains to fall below $63 a barrel on Wednesday as the dollar's recovery from early losses outweighed expectations of a draw on U.S. oil stocks. July Brent crude fell 83 cents to $62.89 a barrel by 1347 GMT, down from an intraday high of $64.67, while U.S. crude was down 21 cents at $57.82 after touching $58.95 earlier in the...

  • UPDATE 5-Oil slips as dollar recovers Wednesday, 27 May 2015 | 9:04 AM ET

    LONDON, May 27- Crude oil futures reversed early gains to fall towards $63 a barrel on Wednesday as the dollar's recovery from early losses outweighed expectations of a draw on U.S. oil stocks. July Brent crude fell 37 cents to $63.35 a barrel by 1245 GMT, down from an intraday high of $64.67, while U.S. crude was down 13 cents at $57.90 after touching $58.95 earlier in...

  • UPDATE 4-Oil pares gains as dollar recovers Wednesday, 27 May 2015 | 6:55 AM ET

    LONDON, May 27- Crude oil futures edged up on Wednesday on expectations that U.S. crude stocks fell for a fourth straight week, but prices pared early gains as the dollar reversed losses. July Brent crude was up 13 cents at $63.85 a barrel by 1043 GMT, easing back from an early high of $64.67, while U.S. crude was up 23 cents at $58.26 a barrel after touching $58.95 earlier...

  • LONDON, May 27- Crude futures rose about 1 percent on Wednesday to recover some ground after steep drops in the previous session, boosted by a weaker dollar and expectations that U.S. crude stocks fell for a fourth straight week. July Brent crude gained 64 cents to $64.36 a barrel by 0851 GMT, while U.S. crude was up 68 cents at $58.71 a barrel. "We are hostages a little bit...

  • SINGAPORE, May 27- Crude futures rose about 1 percent on Wednesday to recover some ground after steep drops in the previous session, boosted by expectations that U.S. crude stocks could fall for a fourth straight week. Prices were also supported by comments from western diplomats that a nuclear deal with Iran was unlikely by a June 30 deadline, and the oil producer...

  • UPDATE 1-Oil rebounds, U.S. crude stocks in focus Wednesday, 27 May 2015 | 2:20 AM ET

    SINGAPORE, May 27- Crude futures rose on Wednesday to recover some ground after steep drops in the previous session, boosted by expectations that U.S. crude stocks could fall for a fourth straight week. Prices were also supported by comments from western diplomats that a nuclear deal with Iran was unlikely by a June 30 deadline, and the oil producer would not get...

  • SINGAPORE, May 27- Crude futures rose on Wednesday to recover ground from sharp drops in the previous session, boosted by expectations that U.S. crude stocks could fall for a fourth straight week. Prices were also supported by comments from western diplomats that a nuclear deal with Iran was unlikely by a June 30 deadline and that the oil producer would not get...

  • SINGAPORE, May 27- Crude oil prices stabilised on Wednesday after falling sharply in the previous session, with western diplomats saying a nuclear deal with Iran was unlikely by a June 30 deadline. *Front-month U.S. crude futures were up 35 cents from their last settlement at $58.38 per barrel by 0019 GMT on Wednesday. The U.S. dollar rallied this week and remains...

  • Commodities tomorrow: Oil range-bound for summer?   Tuesday, 26 May 2015 | 4:00 PM ET
    Commodities tomorrow: Oil range-bound for summer?

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A stronger dollar and a flattening rig count number helped push down crude prices.

  • Oil to stabilize amid production worries: Expert Tuesday, 26 May 2015 | 4:23 PM ET
    A worker at Endeavor Energy Resources LP's Big Dog Drilling Rig 22 in the Permian Basin outside Midland, Texas, on Dec. 12, 2014.

    Despite falling Tuesday amid fear of production hikes, crude oil prices may stabilize based on recent trends, an expert said.

  • Has oil turned a corner?   Tuesday, 26 May 2015 | 2:09 PM ET
    Has oil turned a corner?

    Kyle Cooper, IAF Advisors & Criterion Research, discusses oil production and rig counts as the price of crude is on the decline.

  • Futures Now: Strong dollar crushes oil   Tuesday, 26 May 2015 | 12:32 PM ET
    Futures Now: Strong dollar crushes oil

    The Futures Now team discusses the dollar impact on oil.

  • *U.S. producers to ramp up output with WTI at $60- Goldman Sachs. *Rising dollar, falling oil start of new trend- Morgan Stanley. "We believe that should West Texas Intermediate prices remain near $60 a barrel, U.S. producers will ramp up activity, given improved returns, with costs down by at least 20 percent," Goldman Sachs said.

  • SINGAPORE, May 26- Crude oil prices were broadly unchanged on Tuesday from their previous settlements as ample supply offset firm demand, but analysts said the strengthening U.S. dollar meant a recent oil rally was running out of steam. Robust demand in Asia and also in the United States due to its driving season is being met by near-record output, especially from...

  • May 26- A once-popular pair trade pitting the U.S. dollar against oil prices has re-emerged in recent weeks, injecting a new wildcard into the market just as the Organization of the Petroleum Exporting Countries prepares to meet. About two weeks ago, Morgan Stanley analysts said an "uncanny" relationship has developed between the dollar index and benchmark...

  • SINGAPORE, May 26- Crude oil prices were broadly unchanged in early trading on Tuesday, as firm demand supported and ample supply dragged, but analysts said there were signs that a recent rally was running out of steam. Robust demand in Asia as well as due to the driving season in the United States is being met by near record output, especially from the Organization...

  • US oil settles down $1.69, or 2.8%, at $58.03 a barrel Tuesday, 26 May 2015 | 2:39 PM ET
    An oil-drilling rig operates on Sept. 26, 2014 near Walle, Germany.

    Oil fell below $64 a barrel, pressured by the possibility U.S. shale oil producers could increase drilling and by a stronger dollar.

  • SINGAPORE, May 26- U.S. crude was steady early on Tuesday as firm demand supported prices and ample supply dragged. Robust demand in Asia as well as from the driving season in the United States is being met by near record output, especially from the Organization Of Petroleum Exporting Countries, although U.S. production seems to have been peaked, at least...

  • CALGARY, Alberta, May 25- Crude oil futures rose on Monday as firm global demand offset a strong dollar, although a holiday in the United States and much of Europe kept trading muted. Front-month Brent crude gained 53 cents to $65.90 a barrel by 1750 GMT, after touching an intraday low of $64.72. The market drew support from figures showing strong demand across Asia...

  • LONDON, May 25- Crude oil futures edged up on Monday as firm global demand vied with a strong dollar, but a public holiday in the United States and much of Europe kept trading muted. Front-month Brent crude gained 6 cents to $65.43 a barrel by 1400 GMT, after touching an intraday low of $64.72. The market drew support from figures showing strong demand across Asia and...