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Middle East Turmoil

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  • Commodities Next Week: No one call's oil bottom  Friday, 12 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed under $58 today. Consumers are said to be saving $375 million/day on fuel costs.

  • Commodities tomorrow: Oil under $60, could go lower  Thursday, 11 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil bounced around before it fell below $60 near the close. There's simply too much oil on the market and too little demand. And OPEC isn't going to cut production any time soon.

  • Cramer Remix: With oil going down, sell this asap Wednesday, 10 Dec 2014 | 7:01 PM ET

    It’s a popular yield play, but the tables have turned due to low oil prices."Mad Money" host Jim Cramer thinks it needs to be sold immediately.

  • Cramer: Joy of consumers vs pain of producers Wednesday, 10 Dec 2014 | 6:12 PM ET
    A customer refuels his vehicle at a U-gas station in Miami, Dec. 8, 2014.

    Jim Cramer saw that though there was plenty of good news on Wednesday, the agony of the oil producers overshadowed it.

  • Commodities tomorrow: $50 oil by January?  Wednesday, 10 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down again today, as the commodity free fall continues. OPEC cut its 2015 demand projection and the Saudis ask why they should cut production.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil started out lower but had a technical rebound. Traders bought the dips, but expect it to continue its fall. Gold popped on the day.

  • Commodities tomorrow: Crude hits stocks  Monday, 8 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. It was a very rough day for crude. Nat gas was down, as well.

  • Syria: Israeli jets hit Damascus  Monday, 8 Dec 2014 | 1:15 AM ET

    Syria has blamed Israel for an aerial attack on Damascus. CNBC's Hadley Gamble reports on the tension between the two nations and the ongoing Syrian civil war.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Comments out of Saudi Arabia that the market will stabilize at around $60/barrel put downward pressure on oil's price. Nat gas and gold were down, as well.

  • Commodities tomorrow: Nat gas down on warm weather  Wednesday, 3 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The dollar got stronger, and crude was up for most of the day, due to short covering and a big drawdown on inventories.

  • Oil edges higher  Wednesday, 3 Dec 2014 | 9:43 AM ET

    CNBC's Jackie DeAngelis takes a look at what's pushing oil prices higher today. DeAngelis reports production in Iraq may increase due to a new deal reportedly struck between the Iraqi's and Kurds.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down 3 percent on the day, as the stronger dollar and technicals combined to drive the price.

  • Commodities tomorrow: Has oil bottomed or not?  Monday, 1 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Traders think today's bounce can be expected, but lower oil is still ahead. Gold jumped to over $1,200, mostly on concerns about growth overseas.

  • Oil slump is detrimental to these governments  Sunday, 30 Nov 2014 | 9:31 PM ET

    Barry Dawes, Head of Resources at Paradigm Securities, says certain Middle Eastern nations may face political pressure on the back of lower oil revenues.

  • Joe Magyer, Senior Analyst at The Motley Fool, describes the reaction of emerging market assets to plunging oil prices.

  • What ISIS really wants: Potato chips and candy Friday, 28 Nov 2014 | 9:44 AM ET
    A masked man speaking in what is believed to be a North American accent in a video that Islamic State militants released in September 2014.

    What do jihadi militants crave on break at the battlefront? Pringles are one frontline favorite. Another is Red Bull.

  • JPMorgan: Brent to settle at $75 in Q1 2015  Friday, 28 Nov 2014 | 12:03 AM ET

    Scott Darling, Regional Head of Oil & Gas Research at JP Morgan, explains why he sees further declines in oil prices next year.

  • Saudi Arabia is trying to curtail US shale:CS  Thursday, 27 Nov 2014 | 9:20 PM ET

    David Hewitt, Co-head of Global Oil & Gas Equity Research at Credit Suisse, says OPEC is facing an economic conflict with U.S. shale producers.

  • Why oil's slide is a win-win for airlines  Thursday, 27 Nov 2014 | 9:06 PM ET

    Andrew Cowen, Deputy CEO at Hong Kong Express, says oil makes up about 45 percent of costs so the commodity's recent decline translates into higher profits ahead.

  • S&P's key risks for Asia next year  Thursday, 27 Nov 2014 | 7:10 PM ET

    Paul Gruenwald, Chief Economist for Asia Pacific at S&P's Ratings Services, discusses whether the recent decline in oil prices is structural and explains Asia's main challenges next year.