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  • NEW YORK, Sept 4- Crude futures fell about 2 percent on Friday as traders paid little heed to a drop in the number of U.S. rigs drilling for oil and focused instead on a supply glut and declining stock prices on Wall Street. "I get the feeling the longs do not want to wait out the three-day weekend," said Tariq Zahir, a trader in crude oil spreads at Tyche Capital Advisors in...

  • Oil close: Up for second straight week

    Jackie DeAngelis, CNBC, looks at oil's close. Will it be higher for the second straight week?

  • Lowest gas prices for Labor Day weekend

    CNBC's Jackie DeAngelis reports energy prices are rebounding after rig count data. U.S. oil rigs are down 13, according to Baker Hughes.

  • Russian President Vladimir Putin

    Sanctions, cheap oil, a slowing economy. The last thing Putin needs is a decline in trade with China.

  • An oil pump jack in Russia

    Russia could be the key to unlocking production cuts from Saudi Arabia, the world's top oil exporter, Nasdaq energy analyst Tamar Essner told CNBC.

  • Will China's slowdown benefit India?

    Rakesh Mohan, executive director at the IMF representing India, explains how falling oil prices and market turmoil in China impact the Indian economy.

  • NEW YORK, Sept 4- Crude futures fell alongside stocks on Wall Street on Friday as the oil market awaited a weekly reading on the U.S. oil rig count, after jobs data from the world's No. 1 economy failed to provide much direction. "There's a sell off in both energy and equity futures," noted David Thompson, executive vice-president at Powerhouse, an energy-specialized...

  • Iran got a nuke deal—so why is its market falling? Thursday, 3 Sep 2015 | 11:00 AM ET
    A trader speaks with a stock market official beneath the electronic board at the Tehran Stock Exchange, Sept. 15, 2010.

    Seven weeks after signing a nuclear deal, Iran has seen its stock market do something surprising: drop.

  • Ryanair planes on the tarmac in Stansted, U.K.

    European airlines will have the "mother and father of all fare wars" this winter as oil hedged prices come off, said Ryanair CEO Michael O'Leary.

  • Russia will not cut oil production, Arkady Dvorkovich, Deputy Prime Minister of the Russian Federation, told CNBC Friday.

  • *Barclays cuts 2016 Brent forecast by $5 to $63. The European Central Bank said on Thursday that economic troubles in China and emerging markets could drag the 19- member euro zone into deflation in the coming months. "There is still a supply-demand imbalance and on top of that is the overhang in the market," said Abhishek Deshpande, oil analyst at Natixis in London.

  • Russia can live with any oil price: Russia Deputy PM

    Arkady Dvorkovich, deputy prime minister of Russia, says the country will not cut oil production.

  • Monetary policy can't do much: Bini Smaghi

    The ECB is unlikely to do anything until spring next year says Lorenzo Bini Smaghi, former ECB Executive Board Member and chairman of Societe Generale.

  • Airlines to cut fares on oil price drop: O'Leary

    The drop in oil prices is "very good" for the world economy and for airlines says Michael O'Leary, CEO of Ryanair adding that it should prompt the "mother of all fare wars" this winter.

  • "There's been a little bit of up and down and range-bound movement, which has all the hallmarks of a market marking time," said Ben Le Brun, market analyst at Sydney's OptionsXpress. Brent crude for October delivery fell 58 cents to $50.10 a barrel as of 0519 GMT, after ending the previous session 18 cents higher. U.S. crude for October delivery, also known as West Texas...

  • "There's been a little bit of up and down and range-bound movement, which has all the hallmarks of a market marking time," said Ben Le Brun, market analyst at Sydney's OptionsXpress. Brent crude for October delivery fell 22 cents to $50.46 a barrel as of 0357 GMT, after ending the previous session 18 cents higher. U.S. crude for October delivery, also known as West Texas...

  • The number of rigs in U.S. oilfields fell by 13 to a total of 662, compared with 1,584 at this time last year.

  • "There's been a little bit of up and down and range-bound movement which has all the hallmarks of a market marking time," said Ben Le Brun, market analyst at Sydney's OptionsXpress. Brent crude for October delivery fell 21 cents to $50.47 a barrel as of 0156 GMT, after ending the previous session 18 cents higher. U.S. crude for October delivery was down 20 cents at...

  • Farmers pack separated soybeans in their field in the district of Burhanpur, Madhya Pradesh, India.

    Massive imports have driven down Indian soybean prices by 20 percent in four months and spurred crushers to close factories.

  • *U.S. crude for October delivery was up 3 cents at $46.78 barrel by 0012 GMT, after settling 50 cents higher in the previous session. *Iran's Supreme Leader, President Hassan Rouhani said he favours a parliamentary vote on its nuclear deal with world powers and called for sanctions against Tehran to be lifted completely rather than suspended, state television...