Energy Commodities Oil

  • *Investors hope OPEC curbs will come later this month. LONDON, Nov 15- Oil prices rose around 2 percent on Tuesday, bouncing back from multi-month lows on optimism that OPEC will agree later this month to cut production to reduce a supply glut. OPEC is a diverse grouping, politically and economically, and several members wish to increase production.

  • *Investors hope OPEC curbs will come later this month. SINGAPORE, Nov 15- Oil prices rose around 2 percent on Tuesday to move away from multi-month lows struck the day before, pushed higher by expectations of falling shale output and renewed optimism that OPEC will deliver on touted production cuts. "News of Qatar, Algeria and Venezuela leading the push for the OPEC...

  • Saudi Arabia must work on the knowledge-based economy: KAEC

    King Abdullah Economic City CEO Fahd Al-Rasheed takes a look at Saudi Arabia’s outlook and how it wants to step away from being an oil-dependent country.

  • *Investors hope OPEC curbs will come later this month. SINGAPORE, Nov 15- Oil prices rose around 2 percent on Tuesday to move away from multi-month lows struck the day before, pushed higher by expectations of falling shale output and renewed optimism that OPEC will deliver on touted production cuts. "Headlines around increasing OPEC production remained...

  • An oil pump jack in the oil town of Gonzales, Texas.

    Oil prices bounced back from multi-month lows on optimism that OPEC will agree later this month to cut production to reduce a supply glut.

  • SINGAPORE, Nov 15- U.S. oil prices rose on Tuesday to move away from a nearly two-month low struck the day before, pushed higher by expectations of falling shale output and renewed optimism that OPEC will deliver on touted production cuts. "Headlines around increasing OPEC production remained prevalent, although the focus switched to final diplomatic efforts...

  • Commodities tomorrow:

    CNBC's Bertha Coombs discusses the day's activity in the commodities markets.

  • A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf.

    Donald Trump's threat to tear up the Iran nuclear deal creates risks for oil firms eager to develop Iran's oil and gas fields.

  • Croft: As long as Saudi wants OPEC deal, we think it gets done

    Helima Croft, RBC Capital Markets, weighs in on the current state of oil, and what this means for investors.

  • *Uncertainty over OPEC might grows. NEW YORK, Nov 14- Oil fell more than 2 percent to its lowest in three months on Monday, as the prospect of another year of oversupply and weak prices overshadowed chances OPEC will reach a deal to cut output. Brent fell $1.11, or 2.5 percent, to $43.64 a barrel by 11:32 a.m. EST.

  • Scientists blame oil and gas industry for Oklahoma earthquakes

    Forty-six quakes have already struck the state since the beginning of November.

  • Gold under pressure

    CNBC's Bertha Coombs is at the NYMEX with the latest on natural gas inventories, oil and metals.

  • Dakota pipeline battle

    CNBC's Jackie DeAngelis reports on the protests and controversy surrounding the construction of the Dakota Access Pipeline.

  • *U.S. shale firms go back to work buoyed by OPEC deal. TOKYO, Nov 14- Oil prices were little changed on Monday near multi-month lows, dragged down by worries about oversupply as OPEC saw record output last month and as the U.S. rig count rose again. London Brent crude for January delivery was trading up 4 cents at $44.79 a barrel by 0738 GMT, after settling down $1.09 on...

  • The global sovereign ratings outlook may stay negative until 2018 amid slow economic growth and high public-sector debt, Moody's said Monday.

  • *U.S. shale firms go back to work buoyed by OPEC deal. TOKYO, Nov 14- Oil prices were little changed on Monday near multi-month lows, dragged down by worries about oversupply as OPEC saw record output last month and as the U.S. rig count rose again. London Brent crude for January delivery was trading up 4 cents at $44.79 a barrel by 0630 GMT, after settling down $1.09 on...

  • *Oct crude output lowest since May 2009 on daily basis. BEIJING, Nov 14- China's daily crude oil production in October fell to the lowest in more than seven years, statistics bureau data showed on Monday, as producers remain reluctant to drill new wells amid tepid oil prices and as output drops from aging wells. Oil output last month in China, the world's...

  • *Oct crude output lowest since May 2009 on daily basis. BEIJING, Nov 14- China's crude oil production in October fell 11.3 percent from a year ago, data from the country's statistics bureau showed on Monday, reflecting the continuing impacts from aging wells and tepid oil prices. On a daily basis, October production was 3.78 million barrels per day, the lowest since...

  • Mark II Unitorque electric pumping unit at a crude oil well site outside South Heart, North Dakota.

    Oil fell on the prospect of another year of oversupply and weak prices overshadowed chances that OPEC will reach a deal to cut output.

  • TOKYO, Nov 14- Oil prices extended declines into a third session on Monday, dragged down by worries about oversupply as OPEC saw record output last month and as the U.S. rig count rose again. OPEC plans to cut or freeze output, but investors are skeptical that such a deal will be reached during the cartel's Nov. 30 meeting and are also concerned that whatever agreement...