CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude oil prices were under pressure; traders are eying tomorrow's Department of Energy report; natural gas got a small bump up, closing at $4.74, and traders are looking for a catalyst to get back on the long side of gold.» Read More
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile day for stocks, but commodities were not. Crude was down slightly, but could be ready to break out because of Ukraine. Gold closed down $27 on the day, it's worst drop for the year. And nat gas
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up on strong volume and fears from Ukraine. Gold saw some buying in spite of a stronger dollar. And platinum was higher on a possible mine workers strike in South Africa.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead at where oil and precious metals are likely headed next week.
PARIS, April 11- Global supply and demand for crude oil should continue to be fairly balanced this year, the secretary general of OPEC said, signalling the group is likely to leave its existing output ceiling in place at its June meeting.
*Lowers non- OPEC supply view in 2014 by 250,000 bpd. LONDON, April 11- World oil demand will rise less than previously thought in 2014, the International Energy Agency said on Friday, due to a lower outlook for Russia's economic growth following its annexation of Crimea.
*OPEC cautious on economy, sees lower demand for its oil. SINGAPORE, April 11- Brent futures eased towards $107 a barrel on Friday as the global supply outlook improved with more Libyan supplies expected to reach the market, although growing tension between the West and Russia over Ukraine put a floor under prices.
*Libya oil guards take control of Hariga port, Zueitina pending. *OPEC sees lower demand for its crude in 2014. NEW YORK, April 10- Global crude oil drifted modestly lower on Thursday, pressured by weaker economic data from China as well as the prospect of a rebound in oil exports from Libya.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks sold off but gold was a big winner as traders moved to bullion. Nat gas was up on a smaller-than-expected build, and crude was down on the day.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was higher on the day as geopolitical tensions drove the price. Nat gas also popped, as traders looked for another drawdown in supplies. And gold was down today as traders looked for the next big catalyst.
LONDON, April 9- The United States has replaced OPEC as the marginal petroleum supplier to the world thanks to the shale revolution and improvements in automotive fuel efficiency. Net U.S. imports of crude and products have halved over the last five years, or by an amount equivalent to the entire daily crude exports of Saudi Arabia.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Escalating tensions in the Ukraine pushed up gold prices, while a lower dollar helped lift oil prices.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Oil fell along with stocks today over concerns that new supply from Libya would be coming back on the market. Nat gas gained on the day as investors looked at available inventories.
LONDON, April 7- The oil market has rarely been so quiet. Benchmark Brent has traded in a narrow range of $5 either side of $110 per barrel since the summer of 2012.. Oil prices have rarely been so stable for so long since the 1973 oil shock ended the long period of calm in the 1950 s and 1960 s and ushered in the era of OPEC dominance.
SEOUL, April 7- U.S. crude oil slipped on Monday to trade around $101 a barrel after Libyan rebels and the government agreed to end an eight-month oil port standoff, which has cost the OPEC producer billions in lost revenues. *U.S. crude for May lost 12 cents at $101.02 a barrel as of 0005 GMT, after it settled 85 cents higher at $101.14 a barrel in the previous session.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Equities struggled today, but buyers came into crude, driving the price higher. Nat gas, fell on the day. And buyers came back to gold.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Looking to jobs. Oil was up on the day, and gold closed down.
BENGHAZI, Libya, April 3- Libya's El Sharara and El Feel oilfields in the southwest of the OPEC producer are still closed by protests, acting Oil Minister Omar Shakmak said on Thursday. A pipeline from the Wafa field to the western Mellitah oil port was also still blocked by protests, Shakmak told reporters in the eastern city of Benghazi.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was down again today, nat gas saw a bit of a pop on a technically-driven trade, while gold was up nearly $11.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down on the day, as traders took some profits. Nat gas was also down and could drop to $4. And gold was down a dollar.
CNBC's Patti Domm discusses how the U.S. oil boom is having a bigger impact on world oil prices.