Iran has told OPEC members it will attend informal oil talks set to take place in September. Dave Ernsberger, global head of oil at S&P Global Platts, explains why this is a big deal for OPEC.
*Beijing tax evasion clampdown raises demand fears. SINGAPORE, Aug 24- Oil prices fell on Wednesday as an unexpected build in U.S. crude inventories weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. International Brent crude oil futures were trading at $49.32 a barrel...
Oil prices fell as an unexpected increase in U.S. crude stocks revived worries about the supply glut that has capped prices for two years.
*Beijing tax evasion clampdown raises demand fears. SINGAPORE, Aug 24- Oil prices fell early on Wednesday as an unexpected build in U.S. crude stocks weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. International Brent crude oil futures were trading at $49.57 a barrel...
HONG KONG, Aug 24- Asian stocks consolidated a recent run of gains on Wednesday, helped by Wall Street's rise overnight, even as oil prices slid on trade data showing a surprise build-up in U.S. crude stocks. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1 percent in early trades. U.S. housing-related stocks jumped 2 percent after the Commerce...
NEW YORK, Aug 23- Oil prices rose on Tuesday after Reuters reported Iran was sending positive signals that it may support joint OPEC action to prop up the market, before the market pared gains on trade data showing a surprise build in U.S. crude stocks. Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries, refused to join a...
The "Fast Money' traders discuss the big move closer to $50 oil during the day.
OIL PRICES PARE GAINS IN POST-SETTLEMENT TRADING AFTER API DATA SHOWS BIG SURPRISE BUILD IN U.S.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
How to trade oil amid geopolitical uncertainty. What to expect from the Fed and Janet Yellen. And what's next for the S&P, with CNBC's Jackie DeAngelis and the Futures Now traders, Brian Stutland, Equity Armor Investments, and Jeff Kilburg, KKM Financial.
Is oil heading back to $50 a barrel? Helima Croft, RBC Capital Markets, discusses moves in the oil market with CNBC's Jackie DeAngelis and the "Futures Now" traders, Brian Stutland, Equity Armor Investments, and Jeff Kilburg, KKM Financial.
The "FMHR" traders; Sarat Sethi, Douglas C. Lane & Associates; and Stephanie Link, TIAA Global Asset Management, reveal their final trades, including CVS, Square and more.
The Futures Now team discusses the oil market, with Jeff Kilburg, KKM Financial, and Brian Stutland, Equity Armor Investments.
With Jefferies finding buying opportunities in energy stocks, the "FMHR" traders and Stephanie Link, TIAA Global Asset Management, discuss the call of the day, specifically the refiners.
Dan Suzuki, BofA Merrill Lynch, shares his market forecast, and explains the key things to focus on are quality and leverage.
Iran is sending positive signals that it may support joint action to prop up the oil market.
OIL PRICES EXTEND GAINS, BRENT CRUDE UP BY $1 ABOVE $50 A BARREL.
Jim Paulsen, Wells Capital Management chief investment strategist, discusses where he thinks the market is heading next.
At the NYMEX, CNBC's Jackie DeAngelis reports the latest on crude oil, and the dollar ahead of the Fed.