John Kilduff, Again Capital founding partner, provides insight to oil valuations after crude's big comeback in the past three days.» Read More
CRUDE FUTURES EXTEND GAINS TO MORE THAN $4/ BBL AHEAD OF SETTLEMENTS.
CNBC's Jackie DeAngelis reports on the big swing in oil prices today.
Aug 31- Wall Street pared some of their early losses in afternoon trading on Monday as energy stocks gained after oil prices rallied sharply. The S&P energy index reversed course and was up 1.05 percent- on track for its best four-day gain in seven years- boosted by ConocoPhillips, Schlumberger and Phillips 66.. Still, Wall Street was poised for its worst monthly...
Buffet's stake in refiner Phillips 66 may not say anything about how investors should play energy, said Ram Partners general partner, Jeff Matthews.
The market is digesting monthly energy production numbers. Insight on today's big move in oil prices, with CNBC's Jackie DeAngelis.
WTI Crude has spiked above $46, with CNBC's Jackie DeAngelis.
Louis Gargour, chief investment officer and managing partner of LNG Capital, talks about the price of oil and the commodity supercycle.
OPEC is concerned by recent prices and stands ready to talk to other producers, according an article in an OPEC publication.
CRUDE FUTURES TURN HIGHER ON DATA SHOWING LOWER U.S.
Discussing the movements in the price of oil, and where value exists, with Doug Terreson, Evercore ISI.
CNBC's Jackie DeAngelis reports on all the market moving events from the NYMEX, as crude prices tumble and Brent approaches $49.
LONDON, Aug 31- Oil fell below $49 a barrel on Monday after its biggest two-day rally in six years last week, pressured by a supply glut and renewed concern about a hard landing for China's economy. At 0835 GMT, Brent was down $1.28 at $48.77 a barrel and U.S. crude, which had rallied 12 percent last week, dropped $1.00 to $44.22. "Volatility was high last week, so now we're...
Nick Carn, founder of Carn Macro Advisors, says the ultimate cure for oil’s current woes are a continuation of low prices, which will help boost demand.
Maersk is to lead a £3 billion project to develop the largest gasfield discovered in the U.K. North Sea for a decade, the FT reports.
Claudio Descalzi, CEO of Eni, comments on the discovery of the largest known gas field in the Mediterranean.
Carsten Fritsch, senior commodity analyst at Commerzbank, says in the case of a rate hike by the U.S. Federal Reserve, oil prices could revisit recent lows.
Dennis Gartman, founder, editor and publisher of The Gartman Letter, says that if he was forced to take a position he’d rather be a buyer than a seller of oil and oil stocks.
SINGAPORE, Aug 31- Oil prices fell in Asia on Monday as traders took profits, snapping gains last week that saw the biggest two-day rally in six years. "There is definitely a lot of profit taking going on," said Daniel Ang, an analyst at Singapore's Phillip Futures. Brent fell 98 cents to $49.07 per barrel as 0329 GMT after rising $2.49, or 5 percent, in the previous session.