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  • Oil technology's hope for the future  Friday, 19 Dec 2014 | 7:34 AM ET

    Former Shell President John Hofmeister, shares his thoughts on New York's fracking ban, and natural gas as a transportation fuel.

  • LONDON, Dec 19- Brent crude oil rose to around $60 a barrel on Friday, rallying from near a 5-1/ 2- year low as investors squared books ahead of the year-end festive break after six months of falling prices. Oil prices were on track for a fourth straight week of declines after OPEC members last month decided against cutting production despite a huge global overhang...

  • LONDON, Dec 19- Brent crude oil rose above $60 a barrel on Friday, recovering from near a 5-1/ 2- year low as investors squared books ahead of the year-end festive break after six months of falling prices. Oil prices were on track for a fourth straight week of declines after OPEC members last month decided against cutting production despite a huge global overhang of...

  • SINGAPORE, Dec 19- Brent crude held below $60 a barrel, near a 5-1/ 2- year low, on Friday as a global oversupply of oil showed little sign of receding, even as companies cut upstream investments next year. Oil prices were on track for a fourth straight week of declines after OPEC members last month decided against cutting production in response to a drop of nearly 50...

  • SINGAPORE, Dec 19- Brent crude held below $60 a barrel near a 5-1/ 2- year low on Friday as a global oversupply of oil showed little sign of receding, even as companies cut upstream investments next year. Oil prices were on track for a fourth straight week of declines after OPEC members last month decided against cutting production in response to a drop of nearly 50...

  • Oil plunges as market seeks bottom Thursday, 18 Dec 2014 | 4:22 PM ET
    A worker for Raven Drilling, helps line up a pipe while drilling for oil in the Bakken shale formation outside Watford City, North Dakota.

    Oil futures fell sharply, failing to hold a rally for a second day and signaling traders that the selling is not over.

  • Commodities tomorrow: Gas less than $2.50  Thursday, 18 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was down on the day, but the market was up. Way up. Traders are looking for oil to dip into the $40s soon.

  • US oil extends swoon, plunges 4% to end near $54 Thursday, 18 Dec 2014 | 2:36 PM ET

    Global crude prices fell again on Thursday, a day after rallying, as traders placed new bets that the market would resume a six-month rout.

  • UPDATE 6-Oil pares gains after early jump to $63 Thursday, 18 Dec 2014 | 10:27 AM ET

    LONDON, Dec 18- Brent crude pared early gains on Thursday to trade back below $62 a barrel, giving up much of a 3 percent spike in London as traders assessed whether a price rout is done. Oil this week slumped as low as $58.50 and has almost halved since June as fast-growing U.S. shale output overwhelms demand, with losses accelerating after producer group OPEC...

  • Saudi oil minister: We need help cutting output Thursday, 18 Dec 2014 | 10:19 AM ET
    Saudi Arabian Oil Minister Ali al-Naimi.

    Naimi said oil oil's price slide is only temporary, and that cutting down output required more support form big oil producers.

  • DUBAI, Dec 18- Saudi Arabia's powerful oil minister said on Thursday that OPEC could not cut output without the support of other big producers and attempts to get them on board had not worked. Ali al-Naimi said it was impossible for OPEC to cut alone to reverse the oil price slump-- which he called temporary-- when others were pumping more, saying that could lead to...

  • Oil this week slumped as low as $58.50 and has almost halved since June as fast-growing U.S. shale output overwhelms demand, with losses accelerating after producer group OPEC decided not to cut output at its meeting last month. At 1109 GMT on Thursday, Brent for February delivery was $2.09 higher at $63.27, after settling up $1.17 in the prior session.

  • Oil this week hit a five-year low of $58.50 and has almost halved since June as fast-growing U.S. shale output overwhelmed demand, with losses accelerating after OPEC decided not to cut output at its meeting last month. At 0918 GMT on Thursday, Brent for February delivery was $1.10 higher at $62.28, after settling up $1.17 in the prior session.

  • Commodities tomorrow: Gas price $2.51  Wednesday, 17 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude actually ended slightly higher on the day. There was a little bit of buying going into the Fed meeting, traders said.

  • Oil stocks see 'bottom' in crude, but analysts do not Wednesday, 17 Dec 2014 | 3:00 PM ET

    Oil stocks bounced, in their best day in three years, but oil industry analysts say the equities may be premature in celebrating a bottom in oil prices.

  • You're going to see volatility here, "said Daniel Flynn, energy analyst at Chicago's Price Futures Group. Brent for February delivery was up $1.05 at $61.06 a barrel by 2:37 p.m. EST, after hitting a session high of $63.40. The biggest slide in oil prices since the 2008 financial crisis had accelerated after OPEC met in November, when Gulf producers resisted calls...

  • US crude ends higher after EIA data; Brent near $61 Wednesday, 17 Dec 2014 | 2:34 PM ET

    Brent crude oil traded near $62 a barrel on Wednesday as U.S. data showed falling crude inventories, stemming deep losses brought on by a supply glut.

  • Emirates CEO: The oil price drop is beneficial  Wednesday, 17 Dec 2014 | 11:40 AM ET

    Emirates Airline - and the industry more broadly - is benefitting from lower oil prices, and will report "healthy profits" says Tim Clark, President of Emirates Airlines.

  • UPDATE 7-Oil moves above $60 as U.S. crude stockpiles fall Wednesday, 17 Dec 2014 | 11:16 AM ET

    *OPEC, Russia unwilling to cut supply, spurring weakness. LONDON, Dec 17- Brent crude oil moved above $60 a barrel on Wednesday as U.S. data showed falling crude inventories, stemming deep losses brought on by a supply glut and signals from OPEC producers and Russia that they will not cut production. "The decline in overall crude oil inventories was smallish," said John...

  • OPEC DELEGATES FROM TWO NON-GULF MEMBERS SAY OPEC CANNOT CUT SUPPLY ALONE.