CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.» Read More
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The weekly crude inventory report surpassed expectations, reports CNBC's Jackie DeAngelis.
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CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Israeli PM Netanyahu's comments spiked oil until Obama responded. Oil still closed over $50.
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Brent extended losses on Monday after Iran said a deal on its nuclear program could be agreed this week, which could boost the country's oil exports.
Oilman Harold Hamm says the Saudi hard line on production has turned the Russian "ruble into rubble" while also squeezing U.S. producers.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed down on the day, in part because the Iranian foreign minister talked about a possible nuclear deal.