×

Energy Commodities Oil

  • Dec 29- U.S. crude oil stocks unexpectedly rose last week, while gasoline and distillate product inventories dropped, the U.S. Energy Information Administration said on Thursday. U.S. crude oil futures were up 1 cent to $54.08 a barrel at 11:38 a.m. EST, leaving the benchmark just shy of the year high of $54.51 reached on Dec. 12. "What seems to be giving this report...

  • OIL PRICES BRIEFLY PARE GAINS AFTER EIA DATA SHOWS SURPRISE BUILD IN U.S.

  • Crude oil inventories up 614K barrels

    CNBC's Jackie DeAngelis reports the latest crude oil inventories from the EIA.

  • *OPEC, non- OPEC monitoring group meets in Vienna Jan. 21-22. U.S. light, sweet crude was down 16 cents at $53.90 by 10:21 a.m. ET while North Sea Brent crude was up 12 cents at $56.34 a barrel. Both crude oil benchmarks have made big gains this month since OPEC and other producers agreed to curb production in an attempt to balance an over-supplied fuel market.

  • Natural gas inventories down 237B cubic feet

    CNBC's Jackie DeAngelis reports the latest natural gas inventories from the EIA.

  • People work at the Halfaya oilfield in Amara, southeast of Baghdad, Iraq.

    Traders have raised their bets oil prices will rise, but OPEC's plans to cut production face significant challenges, John analysts say.

  • Oil trading on market optimism

    CNBC's Jackie DeAngelis reports on the moves in the energy markets.

  • *OPEC, non- OPEC monitoring group meets in Vienna Jan. 21-22. U.S. light crude was down 15 cents at $53.91 by 1435 GMT while North Sea Brent crude was up 10 cents at $56.32 a barrel. Both crude oil benchmarks have made big gains this month since OPEC and other producers agreed to curb production in an attempt to balance an over-supplied fuel market.

  • *OPEC, non- OPEC monitoring group meets in Vienna Jan. 21-22. U.S. light crude was down 5 cents at $54.01 by 1320 GMT, while North Sea Brent crude was up 25 cents at $56.47 a barrel. Both crude oil benchmarks have made big gains this month since OPEC and other producers agreed to curb production in an attempt to balance an over-supplied fuel market.

  • Trading block: Oil and currencies

    Kathy Lien, BK Asset Management shares her currency strategy for the new year. And John Kilduff, Again Capital, provides his outlook on crude oil supplies.

  • *OPEC, non- OPEC monitoring group meets in Vienna Jan. 21-22. U.S. light crude was down 20 cents at $53.86 by 1130 GMT, while North Sea Brent crude was up 5 cents at $56.27 a barrel. Both crude oil benchmarks have made big gains this month since OPEC and other producers agreed to curb production in an attempt to balance an oversupplied fuel market.

  • REUTERS POLL- BRENT CRUDE SEEN AVERAGING $56.90/ BBL IN 2017.

  • OPEC deal implementation seen accelerating market rebalancing. Dec 29- Oil prices will gradually rise towards $60 per barrel by the end of 2017, a Reuters poll showed on Thursday, with further upside capped by a strong dollar, a likely recovery in U.S. oil output and possible non-compliance by OPEC with agreed cuts. However, average Brent prices are expected to...

  • *OPEC, non- OPEC monitoring group meets in Vienna Jan. 21-22. U.S. light crude was down 20 cents at $53.86 by 0930 GMT, while North Sea Brent crude was up 5 cents at $56.27 a barrel. Both crude oil benchmarks have made big gains this month since OPEC and other producers agreed to curb production in an attempt to balance an oversupplied fuel market.

  • No return to 2 percent inflation in coming years: EIU

    Pepijn Bergsen, Europe analyst at the Economist Intelligence Unit, adds that he does not see Europe returning to 2 percent inflation in the near future.

  • *OPEC, non- OPEC monitoring committee to meet in Vienna Jan 21-22. U.S. light crude was down 10 cents at $53.96 by 0845 GMT, while North Sea Brent crude was up 20 cents at $56.42 a barrel. Both crude oil benchmarks have made big gains this month since OPEC and other producers agreed to curb production in an attempt to balance an oversupplied fuel market.

  • *OPEC, non- OPEC monitoring committee to meet in Vienna Jan 21-22. U.S. light crude was down 10 cents at $53.96 by 0845 GMT, while North Sea Brent crude was up 20 cents at $56.42 a barrel. Both crude oil benchmarks have made big gains this month since OPEC and other producers agreed to curb production in an attempt to balance an oversupplied fuel market.

  • *OPEC, non- OPEC monitoring committee to meet in Vienna Jan 21-22. Singapore, Dec 29- U.S. oil prices fell on Thursday after an industry report showed a surprise build in the country's crude inventories, while Brent futures recovered some ground lost in early trade. U.S. benchmark West Texas intermediate futures were down 27 cents, or 0.5 percent, at $53.79 per barrel...

  • *OPEC, non- OPEC monitoring committee to meet in Vienna Jan 21-22. Singapore, Dec 29- U.S. oil prices fell on Thursday after an industry report showed a surprise build in the country's crude inventories, while Brent futures came off early lows to trade marginally higher. U.S. benchmark West Texas intermediate futures were down 20 cents, or 0.37 percent, at $53.86 per...

  • *OPEC, non- OPEC output cut committee to meet in Vienna on Jan. 21-22. Singapore, Dec 29- Oil prices fell in early trade in Asia on Thursday following a surprise build in U.S. crude stocks shown in data published by the American Petroleum Institute late on Wednesday. U.S. benchmark West Texas intermediate crude futures were down 31 cents or 0.57 percent to $53.75 at 0104...