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  • US oil rig count up 9 to 325 vs. week ago

    CNBC's Dominic Chu reports the weekly Baker Hughes rig counts.

  • *OPEC meeting in Vienna does not agree output targets. NEW YORK, June 3- Oil prices dipped on Friday on concerns about the U.S. economy, but Brent crude held close to $50 a barrel in choppy trading with support from a weaker dollar and relief that most OPEC members do not plan to flood the market with excess crude. Brent crude futures dipped 8 cents to $49.96 per barrel by...

  • *OPEC meeting in Vienna does not agree output targets. NEW YORK, June 3- Oil prices were slightly lower but Brent crude held around $50 a barrel in choppy trading on Friday on signs the market was moving back to more balanced supply and demand, and on an OPEC meeting viewed as supportive. The positive tone of the Organization of the Petroleum Exporting Countries...

  • *OPEC meeting in Vienna does not agree output targets. The positive tone of the Organization of the Petroleum Exporting Countries meeting in Vienna on Thursday assuaged concerns over an intensified battle for market share between rivals Saudi Arabia and Iran. "The meeting removed a substantial concern and downside risk from the market as Saudi Arabia made it...

  • *OPEC meeting in Vienna does not agree output targets. The positive tone of the Organization of the Petroleum Exporting Countries meeting in Vienna on Thursday assuaged concerns over an intensified battle for market share between rivals Saudi Arabia and Iran. "The meeting removed a substantial concern and downside risk from the market as Saudi Arabia made it...

  • OPEC: What does Saudi Arabia really want?

    Gareth Lewis-Davies, senior energy commodity strategist at BNP Paribas, explains why he believes both Iran and Saudi Arabia got what they wanted from the OPEC meeting.

  • We see geopolitical risks to oil prices: Ewald Nowotny

    Ewald Nowotny, governor of the Austrian National Bank and ECB council member, says his estimates for oil prices in the next year are conservative.

  • *OPEC meeting in Vienna does not agree output targets. SINGAPORE, June 3- Brent oil prices held around $50 a barrel on Friday following an OPEC meeting that failed to agree on output targets, but which was seen as supportive as Saudi Arabia pledged not to flood the market with more fuel. Analysts still took away positives from the meeting in Vienna, as Saudi Arabia...

  • Oil

    University of California, Davis' executive director of energy and sustainability, Amy Jaffe, gives her take on the oil market after the latest OPEC meeting.

  • Iran oil minister on the latest OPEC talks

    CNBC's Hadley Gamble reports on the OPEC meeting in Vienna and speaks to the Iranian oil minister Bijan Namdar Zangeneh about an oil output freeze.

  • Saudi oil minister: Market is in good shape

    CNBC's Hadley Gamble reports from Vienna following an OPEC meeting and speaks to Saudi arabia's oil minister Khalid al-Falih about the oil market.

  • *OPEC meeting in Vienna does not agree output targets. SINGAPORE, June 3- Brent oil prices held around $50 a barrel on Friday following an OPEC meeting that failed to agree on output targets, but which was seen as supportive as Saudi Arabia pledged not to flood the market with more fuel. Analysts still took away positive aspects from the meeting in Vienna, as Saudi...

  • An oil worker stands by a rig near Williston, North Dakota.

    U.S. oil prices tumbled more than 1 percent, after weekly data showed U.S. drillers added rigs for only the second time this year.

  • It was another non-event at OPEC's last meeting.

    Oil futures were little changed in early Asian trade Friday as a decline in U.S. oil inventories offset a non-eventful OPEC meeting.

  • OPEC

    Going forward, market forces will determine crude oil prices rather than OPEC, with shale oil as the swing factor, notes Bernstein's Neil Beveridge.

  • Market Overview

    U.S. Global Investors CEO and CIO Frank Holmes says he is revving up exposure to the energy space, with refineries his top investment pick.

  • OPEC: No agreement

    Helima Croft, RBC global head of commodity strategy, reports the details from the latest OPEC meeting and the next stop for oil prices.

  • *Crude recovers as U.S. inventory draw overshadows no OPEC deal. NEW YORK, June 2- The euro declined on Thursday on the European Central Bank's cautious economic outlook, while oil prices recovered on a drop in U.S. crude inventories, erasing losses on OPEC's failure to reach a deal to set an output ceiling. U.S. and German government bond prices firmed on safe-haven...

  • OPEC headquarters in Vienna, Austria.

    OPEC ministers ended their meeting Thursday without a production agreement, but with plenty of talk of unity, something that could fade fast if oil prices crumble again.

  • Commodities tomorrow:

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