Energy Commodities Oil

  • IMF Forecast

    The low interest rate environment in advanced economies and a recovery in commodities should support growth in Asia, says PNC's William Adams.

  • Oil

    Oil prices pared losses after government data showed U.S. crude stockpiles fell by 2.3 million barrels last week.

  • TOKYO, July 20- Oil futures rose in early Asian trading on Wednesday after an industry group released weekly figures showing U.S. stockpiles fell more than expected last week. Brent crude was up 13 cents at $46.79 a barrel at 0017 GMT. On Tuesday, the contract settled down 30 cents, or 0.6 percent, at $46.66 barrel.

  • OIL PRICES HOLD LOSSES IN POST-SETTLEMENT TRADING AFTER API DATA SHOWS U.S.

  • Commodities tomorrow:

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

  • *U.S. crude stocks seen down for 9th week amid global glut. NEW YORK, July 19- Oil prices fell as much 1 percent for a second day in a row on Tuesday as a rallying dollar and global fuel glut offset forecasts for lower U.S. crude stockpiles that would have been typically bullish for the market. The American Petroleum Institute, a trade group, will be issuing its inventory...

  • Oil inventory build expected

    As the strong dollar pressures crude, CNBC's Jackie DeAngelis reports on the oil market closing for the day.

  • NEW YORK, July 19- Oil prices slipped on Tuesday as a rallying dollar and a global fuel glut offset forecasts for a ninth straight weekly drop in U.S. crude stockpiles. Brent crude futures were down 20 cents at $46.76 barrel by 12:07 p.m. EDT, after trading as high as $47.49. U.S. crude's West Texas Intermediate futures slid by 40 cents to $44.84, after a session high at...

  • *Saudi Arabia moving out of peak seasonal demand. Brent crude futures were up 6 cents at $47.02 a barrel by 11:00 a.m. EDT, after trading as high as $47.49 earlier. U.S. crude's West Texas Intermediate futures slid by 24 cents to $45 a barrel after a session high at $45.67.

  • An Iraqi labourer works at an oil refinery in the southern town Nasiriyah.

    Oil price charts are following a familiar trend, but a 2015-style, second-half price collapse is unlikely, Citi's Ed Morse says.

  • *Saudi Arabia moving out of its peak seasonal demand. LONDON, July 19- Oil prices steadied above $47 a barrel on Tuesday helped by a new Libyan supply disruption but concerns over a global glut of crude and refined fuel capped gains. "We are about to enter a period where the crude oil markets could start to feel more fully the pressure resulting from the come-back of...

  • Citi's commodities call for the second half

    Ed Morse, Citigroup commodities research shares his bullish call on oil prices and weighs in on headwinds for the U.S. dollar.

  • *Saudi Arabia moving out of its peak seasonal demand. LONDON, July 19- Oil prices steadied near $47 a barrel on Tuesday as concerns over a glut of crude and refined fuel outweighed an expected cut in U.S. shale production and a probable further drawdown in U.S. crude inventories. Brent crude slipped 7 cents to $46.89 a barrel as of 1113 GMT, after falling 65 cents, or 1.4...

  • Oil is taking momentum out of the market rally: Strategist

    Alex Dryden, global market strategist at JPMorgan Asset Management, explains which factors, including oil prices, will shape equity markets.

  • It's a knife edge between optimism and pessimism, "said Ben Le Brun, market analyst at Sydney's OptionsExpress. Brent crude slipped 11 cents to $46.85 a barrel as of 0657 GMT after finishing the previous session down 65 cents, or 1.4 percent. U.S. crude, known as West Texas Intermediate, fell 11 cents to $45.13 a barrel after settling 71 cents, or about 1.6 percent, lower...

  • It's a knife edge between optimism and pessimism, "said Ben Le Brun, market analyst at Sydney's OptionsExpress. Brent crude slipped 13 cents to $46.83 a barrel as of 0349 GMT after finishing the previous session down 65 cents, or 1.4 percent. U.S. crude, known as West Texas Intermediate, fell 14 cents to $45.10 a barrel after settling 71 cents, or about 1.6 percent, lower...

  • The Asia Vision LNG carrier ship sits docked at the Cheniere Energy Inc. terminal in this aerial photograph taken over Sabine Pass, Texas, U.S., on Wednesday, Feb. 24, 2016.

    A rallying dollar and a global fuel glut offset forecasts for lower U.S. crude stockpiles.

  • Crude prices fell more than 1 percent in the previous session after concerns about potential supply disruptions eased in the wake of Friday's attempted coup in Turkey. U.S. crude, known as West Texas Intermediate, slipped 13 cents to $45.11 a barrel as of 0021 GMT after settling down 71 cents, or about 1.6 percent, in the previous session. "Oil prices fell as concerns...

  • NEW YORK, July 18- Oil prices settled down more than 1 percent on Monday after rising stockpiles of crude and refined fuel intensified fears another major glut was building up. Market intelligence firm Genscape reported that the Cushing, Oklahoma delivery hub for U.S. crude futures saw a supply build of 26,460 barrels in the week to July 15, traders who saw the data...

  • NEW YORK, July 18- Oil prices settled down more than 1 percent on Monday after rising stockpiles of crude and refined fuel intensified fears another major glut was building up. Market intelligence firm Genscape reported that the Cushing, Oklahoma delivery hub for U.S. crude futures saw a supply build of 26,460 barrels in the week to July 15, traders who saw the data...