Energy Commodities Oil

More

  • Crude hits 3-month low

    CNBC's Courtney Reagan reports on oil's close, live from the NYMEX.

  • Futures Now, July 26, 2016

    The Gartman Letter's Dennis Gartman has his eye on oil's next move, while Peter Schiff of Euro Pacific Captial is watching for the bubble to burst in the market. And the "Futures Now" traders have a play on crude, the U.S. dollar and key levels in the tech space.

  • Could crude oil slip to $35?

    Dennis Gartman, The Gartman Letter weighs in on oil's next move as crude hits a three-month low. And the "Futures Now" crew have on play on crude that targets oil at $41.50.

  • Home run trades are over in oil: Trader

    FMHR traders discuss their trade on oil as it falls below $43.

  • *WTI lowest since April 20, Brent down to May 10 low. NEW YORK, July 26- Oil prices dipped on Tuesday, with U.S. crude hitting three-month lows, as oversupply concerns weighed on the petroleum complex ahead of data likely to show unseasonably high gasoline stocks despite the peak U.S. summer driving period. "Our shift to a bearish stance that was initiated more than...

  • *Brent falls to $44.14 intraday, lowest since May 10. LONDON, July 26- Oil pared losses on Tuesday to trade below $45 a barrel, after falling to its lowest since May on concerns that a long-awaited rebalancing of the market would be delayed due to excess supply. It fell to $44.14 intraday, the lowest since May 10.

  • Crude oil prices touch three-month lows

    CNBC's Bob Pisani looks ahead at what's moving in early morning trading.

  • *Brent falls to $44.14 intraday, lowest since May 10. LONDON, July 26- Oil on Tuesday hit its lowest since May, falling towards $44 a barrel, pressured by concerns that a long-awaited rebalancing of the market would be delayed due to excess supply. It fell to $44.14 intraday, the lowest since May 10.

  • LONDON, July 26- Hedge funds and other money managers have begun to amass another large short position in futures and options contracts linked to the price of crude oil. Hedge funds increased their short positions in NYMEX WTI futures and options from 53 million barrels on May 31 to 141 million barrels on July 19, anticipating a further drop in prices.

  • *Brent falls to $44.25 intraday, lowest since May 10. LONDON, July 26- Oil on Tuesday hit its lowest since May, falling towards $44 a barrel, pressured by concerns that a long-awaited rebalancing of the market would be delayed due to excess supply. It fell to $44.25 intraday, the lowest since May 10.

  • Valero's refining throughput margin fell to $8.93 per barrel in the second quarter ended June 30 from $13.71 per barrel, a year earlier. Net income attributable to shareholders fell to $814 million, or $1.73 per share, in the latest quarter, from $1.35 billion, or $2.66 per share, a year earlier. Excluding items, Valero reported earnings of $1.07 per share, beating...

  • *Brent falls to $44.28 intraday, lowest since May 10. LONDON, July 26- Oil on Tuesday hit its lowest since May, falling towards $44 a barrel, pressured by concerns that a long-awaited rebalancing of the market would be delayed due to excess supply. It fell to $44.28 intraday, the lowest since May 10.

  • *Brent falls to $44.28 intraday, lowest since May 10. LONDON, July 26- Oil on Tuesday hit its lowest since May, falling towards $44 a barrel, pressured by concerns that a long-awaited rebalancing of the market would be delayed due to excess supply. It fell to $44.28 intraday, the lowest since May 10.

  • The outlook for BP in Q3 is uncertain: Analyst

    Anish Kapadia, managing director & senior research analyst at Tudor, Pickering, Holt & Co. International, talks about the prospects for BP.

  • Early stages of sustainable oil recovery: Pro

    As BP puts the 2010 oil spill behind them, the energy giant can now start to act like a regular oil company says Jason Gammel, Jefferies equities analyst, when commenting on its earnings.

  • SINGAPORE, July 26- Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising their bets on further price falls. International Brent crude oil futures were trading at $44.89 per barrel at 0658 GMT, up 17 cents from their last close.

  • Investors struggle to make sense of world's future path

    As political and economic events dominate investor sentiment, has the oil market been underestimated in recent weeks? The Economist Intelligence Unit CEO, Robin Bew weighs in.

  • Drilling engineer

    RefOil giant BP starts the week of big oil result reporting that refining margins were the weakest for a second quarter in six years.

  • A worker grabs a nozzle at a PTT gas station in Bangkok, Thailand, January 5, 2016.

    Resurgent concerns over supply-demand mismatches have hurt sentiment, analysts said.

  • SINGAPORE, July 26- Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising their bets on further price falls. International Brent crude oil futures were trading at $44.93 per barrel at 0501 GMT, up 21 cents from their last close.