Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely drawdown in U.S. crude stockpiles. » Read More
Discussing market action after the oil producers met in Doha without reaching a deal, and what's propelling stocks higher, with the FMHR traders.
Shares of big energy names are trading in negative territory after oil producers failed to agree on an output freeze deal.
The precious metal is rising on Monday following the failure by oil producers to agree an output freeze.
The terrorist group's income from crude oil sales dropped 26% over the past year, according to a report by IHS.
BRENT CRUDE FUTURES ERASE EARLIER LOSSES, TURNS POSITIVE.
Goldman Sachs recommends buying the dip in energy stocks because the negative reaction from the lack of a deal out of Doha is overblown.
CNBC's Jim Cramer breaks down how the Doha meeting will affect U.S. equities.
Helima Croft, RBC Capital Markets, looks at the cloud that hung over oil producer negotiations in Doha over the weekend.
CNBC's Jackie DeAngelis reports the latest action in oil after major oil-producers failed to reach an agreement on oil production.
Earnings growth in the U.S. might have been slow in the last year, but a strategist says the country is not heading into recession
*Rebalancing focus shifts outside OPEC. But the deal crumbled when OPEC heavyweight Saudi Arabia demanded that Iran join in despite its repeated assertions it would not do so until it had reached pre-sanctions levels of output. This has severely damaged the credibility of oil producers in general and of OPEC in particular, "Commerzbank said in a note.
April 18- U.S. stocks were set to open lower on Monday as crude prices slipped after a much anticipated meeting of oil producers failed to result in a deal to freeze production. Crude was down more than 4 percent after the failed talks in Doha renewed fears of an escalating battle for market share among the major producing countries and add to the stubborn global...
Matt Smith, ClipperData, provides his outlook on oil as tensions rise among oil producers after Doha talks resulted in no deal.
Oil production in ISIS-operated fields has dropped to approximately 21,000 barrels per day, said IHS.
CNBC's Michelle Caruso-Cabrera talks with Valiollah Seif, Iran's central bank governor about securing the country's share of the oil market, and discusses Brazil's Lower House vote to impeach President Dilma Rousseff.
The longer negative interest rates persist, the greater the damage to the world financial system, Allianz's chief economic adviser says.
Oil prices plunge after oil-producing countries could not agree to a supply freeze in Doha, reports CNBC's Brian Sullivan.
Crude markets will become more volatile as Saudi Arabia flexes its muscles and seeks to pressure U.S. and Iranian oil output, John Kilduff says.
But the deal crumbled when OPEC heavyweight Saudi Arabia demanded that Iran join in despite its repeated assertions it would not do so until it had reached pre-sanctions levels of output. "Saudi Arabia intentionally torpedoed the agreement and was willing to accept its failure. This has severely damaged the credibility of oil producers in general and of OPEC...
After the collapse of major oil producer talks, analysts question whether diplomatic relations between Saudi Arabia and Iran are damaged for good.