Oil edged up on Friday, recovering slightly from steep falls earlier in the week. » Read More
James Butterfill, head of research and investment strategy at ETF Securities, and Dean Turner, economist in U.K. Investment Office at UBS Wealth Management, discuss the price of oil.
European markets closed higher on Monday after hitting new record highs.
Bilfinger CEO Tom Blades speaks about earnings and job cutting, as well as the trend for outsourcing in his industry.
Oil rose more than 3 percent on Monday after Saudi Arabia and Russia said supply cuts needed to last into 2018.
In what it called a dramatic 10-year trend, the EIA says the U.S. Northeast is using far more natural gas, at the expense of coal.
Sinopec expects to boost foreign investment to more than $30 billion, Dai Liqi, director of the firm's foreign cooperation office, told CNBC.
*OPEC- led production curbs expected to be extended. NEW YORK, May 12- Oil prices settled slightly higher on Friday as lower U.S. crude inventories and increasing support for continued OPEC- led production cuts inspired hope that the global supply glut can be reduced. OPEC and other producers meet on May 25 to decide whether to extend the output cuts they agreed to...
CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
CNBC's Jackie DeAngelis reports on the final oil close of the week and looks ahead to next week's trading.
Wilbur Ross says a deal to boost natural gas exports to China will help to "liberate American energy," but analysts see limited benefits.
*OPEC- led production curbs expected to be extended. LONDON, May 12- Oil prices rose slightly on Friday, on track for their biggest weekly gain in five weeks, helped by expectations of an extension of OPEC- led output cuts and buoyed by falling U.S. crude inventories. OPEC members and other producers including Russia pledged to reduce their output by almost 1.8...
OPEC's limited impact on oil prices shows its dwindling influence in the energy market, according to Commerzbank.
Commodities have been beaten up this year. Here's why that trend is about to shift into reverse, says UBS's Dominic Schnider.
*OPEC- led production curbs expected to be extended. LONDON, May 12- Oil prices on Friday were on track for their biggest weekly gain in five weeks, helped by expectations of an extension of OPEC- led output cuts and buoyed by falling U.S. crude inventories. OPEC members and other producers including Russia pledged to reduce their output by almost 1.8 million barrels...
CNBC's Jackie DeAngelis, takes a look at three possible outcomes after OPEC leaders meet at the end of May.
Jonty Rushforth, global head of oil pricing at S&P Global Platts, speaks about factors affecting the oil price and demand in India.
LONDON, May 12- Oil prices traded largely flat on Friday, supported by expectations of an extended OPEC- led production cut and falling U.S. crude inventories but capped by concerns over global oversupply. Analysts said a larger-than-expected fall in U.S. crude inventories last week, by 5.3 million barrels, continued to keep Brent above $50, with the data viewed as...
Saker Nusseibeh, CEO and banking standards board member at Hermes Investment Management, and Alan McIntosh, chief investment strategist at Quilter Cheviot, speak about investment in the oil market.
SINGAPORE, May 12- Oil prices rose on Friday as traders expected OPEC- led production cuts to extend beyond the middle of this year, and as U.S. crude inventories fell to their lowest levels since February. "Net length is at its lowest level since November 2016, which could support a significant price rally if OPEC does extend production cuts," Jefferies added.
Miswin Mahesh, oil analyst at Energy Aspects, speaks about compliance with OPEC's current agreement to cut supply.