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  • TOKYO, Feb 9- Crude oil prices rose on Tuesday, with U.S. crude shrugging off big drops in Japan's stock market and eroding some of the previous session's losses that were driven by festering concerns about global oversupply. U.S. crude was up 33 cents at $30.02 a barrel at 0720 GMT, after rising as far as $30.30. But on Tuesday, oil market traders ignored a more than 5...

  • *Mideast OPEC producers fight for market share in Asia. DUBAI, Feb 9- Iraq has raised the March official selling price for Basra Light crude to Asia by $0.20 to minus $2.60 a barrel against the average of Oman/ Dubai quotes from the previous month, the State Oil Marketing Organization said. Basra Heavy to Asia in the same month was priced at minus $6.30 a barrel to Oman/...

  • TOKYO, Feb 9- Crude oil prices jumped as much as 2 percent on Tuesday, shrugging off big drops in Japan's stock market and eroding some of the previous session's losses that were driven by festering concerns about global oversupply. U.S. crude was up 49 cents at $30.18 a barrel at 0259 GMT, after rising as far as $30.30. But on Tuesday, oil market traders ignored a 5-...

  • TOKYO, Feb 9- Crude oil prices jumped as much as 2 percent in early Asian trade on Tuesday, shrugging off big drops in Japan's stock market and eroding some of the previous session's losses that were driven by festering concerns about global oversupply. U.S. crude was up 44 cents at $30.13 a barrel at 0103 GMT, after rising as far as $30.30. But on Tuesday, oil market...

  • Oil touches $29 14 Hours Ago
    Oil touches $29

    CNBC's Jackie DeAngelis reports the latest developments in oil as crude closes under $30.

  • Stay away from oil: Analyst

    Brad Handler, Jefferies Analyst, explains why investors should approach the oil sector with caution.

  • The nightmare my competitors face: Nordic American CEO

    Herbjorn Hansson, Nordic American Tanker CEO, discusses the threat of borrowing too much money in the oil tanker industry.

  • We make things simple for investors: Nordic American CEO

    Herbjorn Hansson, Nordic American Tanker CEO, joins CNBC's "Power Lunch" to discuss all aspects of Nordic American and how the company differs from others.

  • John Arnold to CNBC: Energy companies less hedged

    CNBC's Scott Wapner spoke to Centaurus Energy founder, about pain in Chesapeake's shares, and Arnold said bankruptcy or restructuring is the most likely outcome, despite what Chesapeake says.

  • Fear of bank stocks unfounded?

    UBS Director Of Floor Operations Art Cashin talks about European bank concerns and the direction of oil.

  • Why crude could hit $26

    CNBC's Jackie DeAngelis talks about what's moving the oil market and why production isn't falling.

  • Brent futures fell 68 cents to $33.38 a barrel, a 2 percent loss, by 10:36 a.m. EST, paring a fall of as much as 3.3 percent earlier in the session. "With the possibility of a production cutting deal quickly fading into the sunset, market participants are once again left to focus on the reality of the oversupplied global market," Energy Management Institute analyst...

  • Nomac Drilling Corp. floorman steadies a section of drill pipe and cleans the connection during natural gas drilling operations for Chesapeake Energy Corp. in Bradford County, Pennsylvania.

    Shares of the company were halted over eight times on Monday amid earlier claims that Chesapeake had hired restructuring attorneys.

  • Telecoms a safer bet than utilities: Pro

    Wunderlich Securities Chief Market Strategist Art Hogan and Raymond James President of Fixed Income Capital Markets Kevin Giddis discuss major factors impacting the market including oil prices, European bank concerns and gold prices.

  • A customer prepares to fuel her vehicle at a Road Ranger gas station in Princeton, Illinois.

    The average price of a gallon of gasoline in the U.S. fell 8.2 cents in the past two weeks, according to a Lundberg survey.

  • Dual deflationary threat scary for markets: Jeremy Siegel

    Jeremy Siegel, Wharton professor, and Jurrien Timmer, Fidelity Investments, share insight to the U.S. economy, earnings and energy. Also a look at how deflationary worries in China could impact global economies.

  • BRENT CRUDE DOWN $1 TO $33.06 A BARREL.

  • U.S. WTI CRUDE DOWN $1 TO $29.89 A BARREL.

  • Oil won't go over $40 out to 2020: Dick Evans

    Dick Evans, Cullen/Frost Bankers CEO, provides perspective on oil prices and insight to the U.S. economy.

  • WTI crude carnage continues

    CNBC's Morgan Brennan reoports things may only get worse in the oil patch if prices continue to fall.