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  • The Energy Information Administration will issue its weekly update on stockpiles of crude and oil products at 10:30 a.m. EST. Brent, the global benchmark for oil, was down 50 cents, or 1 percent, at $50.04 a barrel by 10:05 a.m. It settled up $1.75, or 3.6 percent, on Tuesday. U.S. crude slipped 40 cents, or 0.8 percent, to $47.50, after finishing up $1.76, or 3.8 percent, on...

  • RIYADH, Nov 4- Kuwait's oil minister said on Wednesday he believed oil prices had bottomed out. Asked whether he agreed with recent remarks by Qatar's energy minister that oil prices had bottomed, Ali al-Omair told reporters on the sidelines of a carbon conference in Riyadh:. "But the other point which would help the prices is economic growth, so we have to wait and...

  • UPDATE 4-Oil holds above $50 on Brazil supply worries Wednesday, 4 Nov 2015 | 5:30 AM ET

    LONDON, Nov 4- Oil prices held above $50 a barrel on Wednesday following a 3 percent jump a day earlier on the back of Brazilian and Libyan supply worries, a U.S. pipeline outage and a general rally in riskier assets on hopes of more economic stimulus measures. Brent and U.S. futures for December delivery traded little changed by 1025 GMT at $50.59 and $47.93...

  • Oil price rebound in focus but gloom gathering Wednesday, 4 Nov 2015 | 4:07 AM ET
    Oil refinery

    Oil prices were being closely watched Wednesday after a rally in the previous session, ahead of crucial U.S. crude stockpile data.

  • Being careful with how we spend: Lundin CEO Wednesday, 4 Nov 2015 | 1:30 AM ET
    Being careful with how we spend: Lundin CEO

    Alex Schneiter, the new CEO of Lundin Petroleum, says the company will be careful with how it spends its money given pressures from commodity prices.

  • SINGAPORE, Nov 4- Oil prices slipped in thin trading on Wednesday as investors took profit from the previous session's rally, although supply disruptions in Brazil and Libya helped to limit the losses. Brent futures for December delivery had fallen 9 cents to $50.45 at barrel by 0412 GMT, after ending the last session up $1.75, or 3.6 percent.

  • Low, stable oil prices are a tailwind: Bain Capital Tuesday, 3 Nov 2015 | 10:44 PM ET
    Low, stable oil prices are a tailwind: Bain Capital

    From a global macro perspective, low energy prices are good for growth in businesses, says Steve Pagliuca, managing director at Bain Capital.

  • Oil ends 3.3% lower as dollar, inventories weigh Wednesday, 4 Nov 2015 | 2:36 PM ET
    Rusted out 'pump-jacks' in the oil town of Luling, Texas.

    Crude prices settled lower as a strong dollar, tumbling gasoline prices and rising U.S. crude inventories bore down on the market.

  • SINGAPORE, Nov 4- Oil prices slipped in thin trading on Wednesday as investors took profits from the previous session's rally, while potential supply disruptions in the United States, Brazil and Libya curbed losses. Brent futures for December delivery had fallen 4 cents to $50.50 at barrel by 0215 GMT, after ending the last session up $1.75, or 3.6 percent.

  • Here are the downside risks for oil Tuesday, 3 Nov 2015 | 6:34 PM ET
    Here are the downside risks for oil

    Francisco Blanch, head of global commodities and derivatives research at Bank of America Merrill Lynch Global Research, says factors such as currency risks could exert downward pressure on oil prices.

  • SINGAPORE, Nov 4- U.S. oil futures slipped in early Asian trade on Wednesday on worries over growing U.S. crude stockpiles, but a U.S. pipeline outage and supply disruptions in Brazil and Libya curbed losses. *The U.S. State Department said on Tuesday it was premature for the Russian government to invite Syrian opposition to talks that could take place in Moscow next...

  • Oil supply competition to intensify: IHS Tuesday, 3 Nov 2015 | 5:45 PM ET
    Oil supply competition to intensify: IHS

    Jamie Webster, senior director at IHS, discusses oil's oversupply concerns and the return of Iran crude to global markets.

  • CALGARY, Alberta, Nov 3- A further delay or outright rejection of the TransCanada Corp Keystone XL project risks a looming capacity crunch on Western Canada's pipeline network, causing more pain for producers already struggling with weak global crude prices. In the latest twist in the seven-year Keystone XL saga, TransCanada on Monday asked the U.S. State...

  • Oil settles nearly 4 percent higher Tuesday, 3 Nov 2015 | 2:30 PM ET
    Oil settles nearly 4 percent higher

    CNBC's Jackie DeAngelis reports on oil prices settling up nearly 4 percent.

  • Is this oil rally another short-lived phenomenon? Tuesday, 3 Nov 2015 | 2:00 PM ET
    Is this oil rally another short-lived phenomenon?

    S&P Capital IQ's Erin Gibbs and Chantico Global CEO Gina Sanchez discuss whether oil prices have gotten ahead of themselves.

  • *Brazil strike cuts 25 pct of daily crude output. NEW YORK, Nov 3- Crude prices rose about 4 percent on Tuesday as a rally in U.S. gasoline and diesel added support to oil markets already boosted by an industry strike in Brazil and force majeure for Libyan crude loadings. Brent was up $1.92, or 4 percent, at $50.71 a barrel by 1:28 p.m. EST after hitting a session peak at...

  • *Crude prices up after Brazil's oil workers' strike. NEW YORK, Nov 3- Crude prices rose more than 2 percent on Tuesday as a rally in U.S. gasoline and diesel added support to oil markets already boosted by an industry strike in Brazil and force majeure for Libyan crude loadings. Brent, the global benchmark for oil, was up $1, or 2.1 percent, at $49.79 a barrel by 11:25 a.m....

  • NEW YORK, Nov 3- Wall Street shares pulled back from Monday's rally and the benchmark S&P 500 index flickered in and out of negative territory as a crude oil price rise boosted the energy sector while the healthcare and consumer staples sectors lagged. European shares were also volatile, held back by engine problems at Volkswagen and Standard Chartered's...

  • UPDATE 7-Oil rises back to near $50 on Brazil strike Tuesday, 3 Nov 2015 | 10:17 AM ET

    LONDON, Nov 3- A strike of oil workers in Brazil, the ninth biggest global producer, helped push oil back up towards $50 per barrel on Tuesday. The strike that began on Sunday at Brazil's state-run oil producer Petroleo Brasileiro has slowed daily oil output by around 25 percent, and cut around half a million barrels of output in the first 24 hours, the country's...

  • LONDON, Nov 3- Oil recovered off earlier lows on Tuesday, but stayed well below $50, pressured by a glut in supply and worries about a fragile demand outlook. Brent crude futures were up 33 cents at $49.12 by 1100 GMT, but gains were kept in check by Russian production hitting a post-Soviet peak and a weaker outlook for demand from China. U.S. crude futures were up 39...