Energy Commodities Oil

  • Crude futures have surged nearly $10 a barrel, or almost 25 percent, in just over two weeks on speculation that Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries will agree next month to a production freeze deal with non- OPEC members led by Russia. Brent crude was down 22 cents, or 0.5 percent, to $50.67 per barrel by 12:06 p.m....

  • Crude futures have surged nearly $10 a barrel, or almost 25 percent, in just over two weeks on speculation that Saudi Arabia and other key members of the Organization of the Petroleum Exporting Countries will agree next month to a production freeze deal with non- OPEC members led by Russia. Brent crude was down 27 cents, or 0.5 percent, at $50.60 per barrel by...

  • Oil up after week of gains

    CNBC's Jackie DeAngelis is at the NYMEX reporting on the latest in crude oil prices.

  • Oil Rig, oil worker

    Oil prices are set for another tumble as producers ramp up output while talking up a deal to prop up crude, John Kilduff says.

  • DUBAI, Aug 19- Iran's crude oil exports were flat in June at just over 2 million barrels per day and production at 3.610 million bpd was steady from the previous month, official data showed on Friday. Iran has been the main stumbling block in a global production freeze initiative, insisting it will be ready for joint action only once it regains output levels seen...

  • Eclipse Resources CEO: Oil has to correct into $50-$60 range

    Ben Hulbert, Eclipse Resources CEO, talks about production from the nation's longest onshore lateral well, and why oil prices must climb higher before the industry sees an increase in drilling.

  • Oil headed back to $40: John Kilduff

    Bob Haberkorn, RJO Futures, Kathy Lien, BK Asset Management, John Kilduff, Again Capital, share their outlook on oil prices, the impact of central bank policies on currencies, and how the Fed's "double-speak" is impacting gold.

  • International benchmark Brent futures were trading at $50.70 per barrel at 1128 GMT, down 19 cents from their last close. West Texas Intermediate crude futures were down 9 cents at $48.13 a barrel after reaching $48.75, their highest since July 5. Iraq has resumed pumping oil from fields operated by the state-run North Oil Company via a Kurdish pipeline to...

  • International benchmark Brent futures were trading at $50.50 per barrel at 0840 GMT, down 39 cents from their last close. West Texas Intermediate crude futures were down 20 cents at $48.02 a barrel after reaching $48.75, their highest since July 5. Iraq has resumed pumping oil from fields operated by the state-run North Oil Company via a Kurdish pipeline to...

  • Trade of the day: Oil above $50

    CNBC and the Kensho data team crunch the numbers to see how investors can trade the upward trend in oil prices.

  • "Oil prices climbed higher because of the U.S. crude stocks downtrend and positive market sentiment, led by OPEC talks. Nigerian oil minister Emmanuel Ibe Kachikwu said on Thursday that while a cut in OPEC production is unlikely, there is hope a meeting of producers in Algeria next month could help shore up crude prices. "Some believe- or more appropriately, hope-...

  • Oil's impact on the global economy

    Salman Ahmed, chief strategist at Lombard Odier IM, talks about oil prices and its effect on inflation, stock prices and central bank policy.

  • "Oil prices climbed higher because of the U.S. crude stocks downtrend and positive market sentiment, led by OPEC talks. Nigerian oil minister Emmanuel Ibe Kachikwu said on Thursday that while a cut in OPEC production is unlikely, there is hope a meeting of producers in Algeria next month could help shore up crude prices. "Some believe- or more appropriately, hope-...

  • Khalid Al-Falih, Saudi Arabia's minister of energy and industry, center, arrives for the 169th Organization of Petroleum Exporting Countries (OPEC) conference in Vienna, Austria, on Thursday, June 2, 2016. Saudi Arabia is ready to consider a surprise deal with fellow OPEC members, attempting to mend divisions that had grown so wide many dubbed the group as good as dead.

    A previous rally in April sputtered and some market experts say it's unclear if a similar fate can be avoided.

  • An oil well owned an operated by Apache Corporation in the Permian Basin is shown in Garden City, Texas, Feb. 5, 2015.

    Brent crude oil prices were lower on Friday after rising above $51 a barrel to an eight-week high.

  • SINGAPORE, Aug 19- Brent crude oil prices dipped in early Asian trading hours on Friday, but remained near two-month highs with Brent still holding above $50 per barrel in a bull-run that has lifted the market by over 20 percent since early August. The lower prices during early Asian hours- which is late the previous day in the Americas due to the time zone...

  • *Stocks in Japan, S.Korea and Australia edge up. TOKYO, Aug 19- Asian stocks edged up on Friday as Wall Street benefited from buoyant crude oil prices and expectations U.S. borrowing costs will remain at stimulatory levels at least until year-end. MSCI's broadest index of Asia-Pacific shares outside Japan stood steady.

  • Oil rigs, oil field

    Matrix Asset Advisors David Katz is bullish on oil stocks. Here are the names he likes.

  • Commodities tomorrow:

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

  • Time to buy energy stocks?

    "Fast Money" trader Tim Seymour and Boris Schlossberg, BK Asset Management, discuss their views on crude oil and the energy sector.