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Crude oil prices dipped on Friday, but the two-month trend upwards is seen continuing by oil expert Amrita Sen.
Darrell Cronk, Wells Fargo Investment Institute, and Mike Ryan, UBS, share their outlook on the markets.
Markets are calm as they head into summer. But history suggests they could get a “June Swoon” instead. Using Kensho, Deirdre Bosa looks at June seasonality over the last decade.
The Obama administration may have done U.S. drillers a favor by holding back drilling on federal land, analyst John Kilduff says.
Technically, I think oil prices could go back down, says John Kilduff, Again Capital Partners sharing his outlook on crude. Oil has had a "heck of a fall," says Kilduff discussing how a glut in oil pressed prices down.
Amrita Sen, chief oil analyst at Energy Aspects, explains why she expects oil prices to continue to rise, while commenting on events that may – or may not – impact the oil price.
*Analysts see oil prices in $40- $50 range. SINGAPORE/ LONDON, May 27- Oil futures fell below $49 on Friday, easing from a seven-month high hit this week, with analysts predicting range-bound markets for the next few months as supply outages slowly help to clear a global glut of crude. Oil pushed through $50 for the first time in around seven months on Thursday after...
SINGAPORE, May 27- Oil futures fell further in Asian trade on Friday after running into resistance at the $50 a barrel mark, as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply. Oil pushed through $50 for the first time in around seven months on Thursday after supply disruptions from Canadian wildfires and...
Oil prices dipped for a second day in a row on Friday as some investors took profit on a surge to seven-month highs.
SINGAPORE, May 27- Oil futures dipped further in early Asian trade on Friday, finding resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply. Oil pushed through $50 for the first time in around seven months on Thursday as supply disruptions from Canadian wildfires and attacks...
A series of unexpected disruptions in the world oil market could make OPEC and its meeting next week less relevant.
John Kilduff, partner at Again Capital, told CNBC's "Power Lunch" why Thursday's crude rally to $50 per barrel could be temporary.
*Brent breaches $50 first for time since Nov, WTI since Oct. NEW YORK, May 26- Oil prices hit $50 a barrel on Thursday for the first time in seven months, then bounced below that level and settled lower on the day as investors worried robust price gains could encourage more output and add to the global glut. Wildfires in Canada's oil sands, unrest in the Nigerian and...
CNBC's Jackie DeAngelis reports on oil breaking through the $50 level before closing just below that.
Discussing Donald Trump's ideas for energy independence with David Sandalow, Former Energy Undersecretary, Helima Croft, RBC Capital Markets, and Tilman Fertitta, CNBC's Billion Dollar Buyer and Landry's Inc. Chairman & CEO.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Presumptive Republican presidential nominee Donald Trump aimed to detail his energy policy Thursday in the heart of U.S. oil country.
Pioneer Natural Resources has become more optimistic and is planning for the return of five to 10 rigs once it is confident the upturn in oil is more sustainable.
Discussing the oil trading environment, and the best bets, with Mike Kelly, Seaport Global Securities.
Landry's Inc. Chairman and CEO Tilman Fertitta is the host of CNBC's "Billion Dollar Buyer," and shares his take on the energy comeback.