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Energy Commodities Oil

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  • Paradigm for airline returns has changed: Delta

    Vinay Dube, SVP APAC at Delta Air Lines, says that the airline has durability regardless of oil prices.

  • SINGAPORE, Jan 19- U.S. oil on Thursday moved away from one-week lows touched the session before, with investors turning their attention to upcoming government data on U.S. inventories. West Texas Intermediate crude oil futures were trading up 38 cents at $51.46 per barrel at 0035 GMT, after dropping to a one-week low on Wednesday at $50.91 a barrel.

  • A pump jack operates at a well site leased by Devon Energy Production Co. near Guthrie, Oklahoma.

    Benchmark crude oil prices will likely average $54 a barrel in the first quarter but the rally may stall.

  • *OPEC pumps 221,000 bpd less in December than in November. NEW YORK, Jan 18- Oil prices fell on Wednesday to their lowest in a week, on a strong dollar and expectations that U.S. producers would boost output even as OPEC's output fell from a record high. Brent crude ended the session at $53.92 per barrel, down $1.55 or 2.79 percent, while U.S. crude settled at $51.08, down...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • *OPEC pumps 221,000 bpd less in December than in November. NEW YORK, Jan 18- Oil prices fell on Wednesday to their lowest in a week, on a strong dollar and expectations that U.S. producers would boost output even as OPEC's output fell from a record high. "The petroleum markets have turned lower again in Wednesday trade amid talk that higher oil prices will translate...

  • *OPEC pumps 221,000 bpd less in December than in November. NEW YORK, Jan 18- Oil prices fell to the lowest in a week on Wednesday on a strong dollar and expectations that U.S. producers would boost output, while OPEC signalled a drop in the global oil supply surplus this year as the group's output fell from a record high. "The petroleum markets have turned lower again in...

  • *OPEC pumps 221,000 bpd less in December than in November. NEW YORK, Jan 18- Oil prices fell to their lowest level in a week on Wednesday on expectations U.S. producers would boost output, while OPEC signalled a drop in the global oil supply surplus this year as the producer group's output fell from a record high. "The petroleum markets have turned lower again in...

  • Not dorection of transition to clean energy, but the speed and the scale

    Christiana Figueres, convenor of Mission 2020, discusses the importance of clean energy.

  • *OPEC pumps 221,000 bpd less in Dec than in Nov. LONDON, Jan 18- Oil prices fell on Wednesday on expectations that U.S. producers would boost output, while OPEC signalled a drop in the global oil supply surplus this year as the producer group's output fell back from a record high. Brent crude futures, the international benchmark for oil prices, were down $1.05 at $54.42...

  • Agreement to cut oil supply will hold: IHS Markit

    Dan Yergin, vice-chairman of IHS Markit, speculates on developments in the oil market in the coming year.

  • OIL PRICES EXTEND LOSSES, BRENT CRUDE DOWN BY $1 AT SESSION LOW OF $54.45 A BARREL.

  • *OPEC pumps 221,000 bpd less in Dec than in Nov. LONDON, Jan 18- Oil prices fell on Wednesday on expectations that U.S. producers would boost output, just as OPEC signaled that a global supply-reduction deal will shrink the oil glut this year. Brent crude futures, the international benchmark for oil prices, were down 75 cents $54.72 a barrel at 1230 GMT.

  • LONDON, Jan 18- Oil prices fell on Wednesday on expectations that U.S. producers would boost output. Brent crude futures, the international benchmark for oil prices, were down 82 cents $54.65 a barrel at 1008 GMT. Representative Ryan Zinke of Montana, President-elect Donald Trump's nominee for interior secretary, on Tuesday said he would consider an expansion of...

  • SINGAPORE, Jan 18- Oil prices rose on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. West Texas Intermediate crude oil futures were trading up 22 cents at $52.70 per barrel at 0742 GMT. "U.S. oil has been supported by considerable weakening in the U.S. dollar over the last 24...

  • Maersk Group CEO: Still see growth opportunities in oil

    Maersk Group CEO Søren Skou talks about the logistics company’s strategic outlook while commenting on the state of the oil market.

  • SINGAPORE, Jan 18- Oil prices rose on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. West Texas Intermediate crude oil futures were trading up 17 cents at $52.65 per barrel at 0448 GMT. Brent crude futures, the international benchmark for oil prices, were up 17 cents...

  • Oil market will rebalance this year at least: Pro

    OPEC cuts in oil production will be larger than the increases in U.S. oil production, says Alejandro Barbajosa, VP at Argus Media.

  • SINGAPORE, Jan 18- Oil prices edged higher on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. West Texas Intermediate crude oil futures were trading up 16 cents at $52.64 per barrel at 0214 GMT. "A combination of a weaker U.S. dollar and supportive comments from Saudi...

  • A pump jack operates at a well site leased by Devon Energy Production Co. near Guthrie, Oklahoma.

    U.S. shale production is set to snap a three-month decline in February, the Energy Information Administration said.