Mark Lewis, chief energy economist at Kepler Cheuvreux, expects oil to stabilize even if a deal with Iran isn't reached.
*China stock plunge accelerates, regulator warns of panic. LONDON, July 8- Brent oil bounced back from a three-month low to around $57 a barrel on Wednesday after an industry report showed a larger-than-forecast drop in U.S. crude stocks and Iran nuclear talks failed to produce a deal. Talks in Vienna between Iran and six world powers dragged on beyond a...
Alan Clarke, U.K. and euro zone economist for Scotiabank, says he hopes the U.K. Conservative government front-loads any austerity measures.
Oil prices fell below $57 a barrel on Wednesday as data showed an unexpected build in U.S. crude oil and product stocks.
*HSBC cuts Asian growth forecast, says export weakness to last. SINGAPORE, July 8- Oil futures fell again on Wednesday as worries over the Greek debt crisis and China's stock market turmoil outweighed an expected U.S. inventory drop, with traders anticipating further drops. China's stocks tanked further on Wednesday in a deepening crisis in which China's...
*HSBC cuts Asian growth forecast, says export weakness to last. SINGAPORE, July 8- Oil futures fell again on Wednesday as worries over the Greek debt crisis and China's stock market turmoil outweighed an expected U.S. inventory drop. China's stocks tanked further on Wednesday in a deepening crisis in which China's Securities Finance Corp said it would provide...
"Fast Money" traders discussed how to play oil stocks as the commodity's price continues to fall.
NEW YORK, July 7- U.S. crude oil futures steadied on Tuesday after falling sharply a day earlier on worries about Greece's indebtedness and China's stock market losses, although charts indicated renewed selling could push prices into bear market territory. Industry group American Petroleum Institute estimated a drop of nearly 960,000 barrels.
CRUDE FUTURES EXTEND GAINS IN POST-SETTLEMENT TRADE AFTER API DATA SHOWS U.S.
Despite the recent rout in oil, don't expect U.S. shale companies to start cutting capital spending or jobs, analyst Mike Kelly said.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
CNBC's Patti Domm discusses three reasons oil could fall.
*China slowdown fears drag commodities towards 2015 lows. July 7- U.S. stocks reversed early losses and moved higher in choppy trade on Tuesday, as a rebound in U.S. oil prices offset concerns of a slowdown in China and the Greek debt crisis. Oil markets have been keeping a close eye on negotiations between Iran and six major powers over a nuclear deal.
CRUDE FUTURES UP MORE THAN 1 PCT IN POST-SETTLEMENT TRADE, AHEAD OF WEEKLY U.S.
Discussing solar strategy and solar stocks that show opportunity with Colin Rusch, Northland Capital Markets senior analyst.
Ed Morse, Citi global head of commodities research & managing director, discusses the correlation between oil rig count and price of oil.
Mike Kelly, Global Hunter Securities, managing director and senior analyst, discusses the crude collapse as America's oil workers are weary of another round of capital spending and job cuts.
The "Halftime Report" traders give their trades for the second half.
A sudden oil price downturn puts drillers with weak balance sheets in a tough position ahead of a critical test of their health.
Tamar Essner, Nasdaq energy analyst, explains why the selloff in China's stock market is big news for oil.