Crude oil prices remain supported at current levels, but there is limited scope for gains next year, says Peter Lee, oil and gas analyst, BMI Research.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Rising crude oil output from U.S. shale fields will continue to disrupt OPEC efforts to rebalance supply and demand, says John Driscoll, chief strategist, JTD Energy Services.
CNBC's Jackie DeAngelis discusses the day's activity in the oil markets.
The oil market extended losses from the previous session, when the dollar surged and a drop in Chinese refining activity raised concerns.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Vandana Hari, founder of Vanda Insights, says tensions between North Korea and U.S. will not directly hit oil supply, which is still in excess now.
CNBC's Jackie DeAngelis reports on OPEC's impact on the oil market.