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  • *Oil helped by Wall Street recovery, safe havens' retreat. NEW YORK, March 22- U.S. crude retreated from the year's high as oil prices settled steady to a shade firmer on Tuesday after deadly blasts in Brussels, taking their lead from a Wall Street rebound ahead of oil inventory data. The oil market is also awaiting a clearer picture on U.S. inventories when the American...

  • Saudi Arabia oil production

    Oil's rally giving boost to stocks.

  • March 22- Brazil's state-controlled oil company Petrobras is being forced to turn itself into a smaller operation as crude prices have fallen more than expected, making it impossible to finance its once-ambitious plans, the company's chief financial officer said on Tuesday. CFO Ivan Monteiro made the comment on a conference call with investors a day after...

  • Markets need to digest these low oil prices: Sechan

    Rob Sechan, UBS private wealth management, discusses his bullish view on the energy space.

  • NEW YORK, March 22- Oil prices were steady on Tuesday as shares on Wall Street pared losses and the euro recovered against the dollar after deadly blasts in Brussels prompted an initial flight risk from financial markets. Brent was up 24 cents at $41.78 a barrel by 10:53 a.m. EDT, after hitting a session low of $40.97 earlier. Oil prices had also been pressured...

  • LONDON, March 22- Oil prices fell on Tuesday, after deadly blasts in Brussels prompted a flight towards traditional investment havens such as gold, and after OPEC member Libya said it would not attend a meeting to discuss a supply freeze. Libya said it would not attend a gathering in Doha next month intended to help OPEC and major producers outside the cartel to cut...

  • CNBC’s Jackie DeAngelis reports on factors supporting oil, despite the deadly terrorist attacks in Brussels Tuesday.

  • LONDON, March 22- Vitol's 2015 revenue fell 38 percent to $168 billion, its lowest since 2009, in "challenging" market conditions, the commodity trader said on Tuesday. "Whilst the market structure favors a physical trader, the absolute price levels and market volatility are causes for caution," Ian Taylor, president and CEO of Vitol said. Benchmark Brent crude oil...

  • LONDON, March 22- Vitol's 2015 revenue fell 38 percent to $168 billion in "challenging" market conditions, the commodity trader said on Tuesday. "Whilst the market structure favors a physical trader, the absolute price levels and market volatility are causes for caution," Ian Taylor, president and CEO of Vitol said. Benchmark Brent crude oil prices fell to a 12- year...

  • *Cushing stockpiles down by over 570,000 barrels-data. LONDON, March 22- Oil prices fell on Tuesday, swept lower by investor nervousness after deadly blasts in Brussels prompted a flight towards so-called safe-haven assets such as gold. "The stocks in Cushing helped... but obviously now you have these headlines from Brussels and that can lead to some risk-off...

  • TOKYO, March 22- Oil prices rose in Asian trade on Tuesday, adding to gains from the previous session after data showed U.S. crude inventories fell for the first time since January and as commodity prices broadly strengthened. U.S. crude futures for May, the front month from Tuesday, were up 18 cents at $41.70 a barrel at 0630 GMT, after settling up 0.8 percent at $41.54...

  • Traders

    Looking for income? here's the case for master limited partnerships, according to Global X Funds' CEO.

  • A Petrobras oil platform floats in the Atlantic Ocean near Guanabara Bay in Rio de Janeiro.

    Petrobras posted its biggest-ever quarterly loss on Monday after booking a large writedown for oil fields and other assets as oil prices slumped.

  • Is there an inflection point in the oil market?

    Oil prices need to fall further and force U.S. oil production down before oil markets reach an inflection point, says CEF Holdings's Warren Gilman

  • Abdalla Salem El-Badri, OPEC Secretary General, appears on stage on Day 1 at the International New York Times/Energy Intelligence Oil & Money Conference at The InterContinental Hotel on October 29, 2014

    Iran may join other oil producers planning to freeze production to support prices at a later date, OPEC's secretary general said on Monday.

  • An oil pumpjack operates near Williston, North Dakota.

    The slump in crude prices has been fuelling fears of defaults, causing oil and gas bondholders to suffer losses, reports the Financial Times.

  • TOKYO, March 22- Oil prices dipped in Asian trade on Tuesday, giving up gains from the previous session after data showed U.S. crude inventories fell for the first time since January and as commodity prices paused from their recent rally. U.S. crude futures for May, the front month from Tuesday, were down 6 cents at $41.46 a barrel at 0245 GMT, after settling up 0.8...

  • How long can the energy rally last?

    John Burke of Burke Financial Strategies reckons that the oil rally still has legs on positive supply factors such as a lower U.S. rig count.

  • Passengers are evacuated from Zaventem Bruxelles International Airport after a terrorist attack on March 22, 2016 in Brussels, Belgium.

    Oil prices stabilized on Tuesday after earlier falling as deadly blasts in Brussels prompted a flight towards safe-haven assets.

  • TOKYO, March 22- Oil prices rose in early Asian trade on Tuesday, adding to gains from the previous session after data showed U.S. crude inventories fell for the first time since January and as commodity prices broadly strengthened. U.S. crude futures for May, the front month from Tuesday, were up 10 cents at $41.62 a barrel at 0026 GMT. Brent crude futures for May...