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  • 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...

  • Exxon, New Jersey settle lawsuit for $225M Thursday, 5 Mar 2015 | 2:34 PM ET
    Two harbor cleanup boats work in the Arthur Kill waterway in front of the Exxon oil refinery in Linden, N.J., Jan. 5, 1990.

    Both parties had agreed to pay $225 million to the state to settle a long-standing lawsuit over environmental damage.

  • Traders find value in oil  Thursday, 5 Mar 2015 | 12:30 PM ET

    The FMHR traders react to ExxonMobil CEO Rex Tillerson calling for more oil demand.

  • *Bottom pickers support prices up already on Libya, Iraq worries. *Washington presses ahead with nuclear deal for Iran. Concerns about deteriorating oil supplies from Libya and Iraq boosted crude prices even before the New York session.

  • The small US town holding billions in black gold Thursday, 5 Mar 2015 | 11:23 AM ET

    Cushing, Oklahoma, is a sleepy town with 8,000 people. It's also the intense focus of every major player in the oil market right now.

  • RBC Capital Markets' Helima Croft, discusses comments by ExxonMobil's CEO on disruptions in oil supply, and the impact on price. Croft explains the geopolitics around oil in Libya and Nigeria, and U.S. crude exports.

  • *Libya has declared force majeure on 11 oilfields. LONDON, March 5- Brent crude futures pared early gains on Thursday to hover just under $61 as the euro slipped to an 11- year low against the dollar, offsetting concerns about tensions in Iraq and Libya. Brent and WTI rose earlier on Thursday due to concerns about oil supplies from Libya and Iraq.

  • These countries the REAL wildcards for oil: Expert Thursday, 5 Mar 2015 | 9:13 AM ET
    A pump jack operates at an oil well in Williston, N.D., Feb. 15, 2015.

    Despite the meltdown in oil, prices are more likely to rise than to fall further because of political instability, an industry consultant tells CNBC.

  • Exxon CEO on Buffett selling $4B in XOM stock  Thursday, 5 Mar 2015 | 8:52 AM ET

    ExxonMobil CEO Rex Tillerson shares his thoughts on Warren Buffett's decision to sell Exxon shares and what it means for the stock.

  • Corrects Hercules Offshore item to change date of announcement of job cuts to Feb. 12 from Feb. 3) Feb 17 (Reuters)- Oilfield services giants Schlumberger Ltd and Halliburton Co and many others in the oil and gas industry have announced plans to lay off thousands of people in the past few months as global oil prices have nearly halved since June.

  • Energy's crude realities  Thursday, 5 Mar 2015 | 8:08 AM ET

    Carl Larry, Frost & Sullivan, discusses the impact of supply and demand pressure on oil prices.

  • Oil's supply and demand dilemma  Thursday, 5 Mar 2015 | 8:04 AM ET

    ExxonMobil CEO Rex Tillerson, discusses how the oil glut is impacting energy prices and creating storage problems.

  • Exxon's global risk factor  Thursday, 5 Mar 2015 | 7:18 AM ET

    ExxonMobil CEO Rex Tillerson explains how U.S. and E.U. sanctions on Russia have cost the oil giant up to a billion dollars and where risk may not always lead to reward.

  • Volatility draws billions into oil funds Thursday, 5 Mar 2015 | 7:34 AM 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.

    Billions of dollars are pouring into oil exchange-traded funds, as investors risk big losses and focus on the chance of huge rewards.

  • *Libya has declared force majeure on 11 oilfields. LONDON, March 5- Brent crude future prices rose above $61 a barrel on Thursday, as investors brushed aside bearish U.S. inventories data to focus on tensions in Iraq and Libya. It seems to be that the market does seem to be paying a little bit of attention to geopolitical factors, namely Iraq and Libya, "said Virendra...

  • Expect more volatility in oil: Exxon CEO Thursday, 5 Mar 2015 | 6:23 AM ET
    Rex Tillerson, CEO and chairman of Exxon Mobil.

    Expect more volatility in oil, with prices staying around current levels, Exxon Mobil CEO Rex Tillerson told CNBC.

  • Exxon trims capex to average less than $34B  Thursday, 5 Mar 2015 | 6:20 AM ET

    ExxonMobil CEO Rex Tillerson announced plans to raise production while cutting capital expenditure by 12 percent.

  • LONDON, March 5- Brent crude future prices rose above $61 a barrel on Thursday, as investors brushed aside bearish U.S. inventories data to focus on the lack of a deal in talks over Iran's nuclear programme. Tehran's ambassador to the International Atomic Energy Agency said on Wednesday no deal had been reached on the duration of any possible final agreement with...

  • SINGAPORE, March 5- Brent crude was flat on Thursday, managing to hold above $60 a barrel as investors brushed aside bearish U.S. inventories data to focus on the lack of a deal in talks over Iran's nuclear program. Tehran's ambassador to the International Atomic Energy Agency said on Wednesday no deal had been reached on the duration of any possible final...

  • SINGAPORE, March 5- Brent crude was flat on Thursday, managing to hold above $60 a barrel as investors brushed aside bearish U.S. inventories data to focus on the lack of a deal in talks over Iran's nuclear program. Tehran's ambassador to the International Atomic Energy Agency said on Wednesday no deal had been reached on the duration of any possible final...