Energy Commodities Oil

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  • *Iran displaces Iraq as OPEC's biggest source of supply growth. LONDON, June 29- Iraq's oil exports are set to decline in June for a second month, according to loading data and an industry source, adding to signs that supply growth from OPEC's second-largest producer is slowing this year. But companies working in Iraq have warned the government that projects to...

  • *Falling crude output in Venezuela. LONDON, June 29- Oil rose more on Wednesday as traders moved money back into markets hit by the initial shock of Britain's vote to leave the European Union, while a potential oil workers strike in Norway and a crisis in Venezuela's oil sector also provided support. Brent crude futures were 31 cents higher at $48.89 per barrel at...

  • *Falling crude output in Venezuela. LONDON, June 29- Oil rose on Wednesday as traders poured money back into markets hit by the initial shock of Britain's vote to leave the European Union while a potential oil workers strike in Norway and a crisis in Venezuela also provided support. Brent crude futures were up 49 cents at $49.07 per barrel at 1017 GMT.

  • *Falling crude output in Venezuela also supports prices. SINGAPORE, June 29- Oil rose on Wednesday as financial traders poured money back into commodities following the initial shock of Britain's vote to leave the European Union, and as a potential strike in Norway and crisis in Venezuela threatened to cut supply. Oil gains were solidified by news that the...

  • Brexit's impact on oil prices

    Christopher Haines, head of oil and gas at BMI Research, and Sonja Laud, investment director at Baring, discuss how Brexit affects oil demand.

  • *Falling crude output in Venezuela also supports prices. SINGAPORE, June 29- Oil rose on Wednesday as financial traders poured money back into commodities following the initial shock of Britain's vote to leave the European Union, and as a potential strike in Norway and crisis in Venezuela threatened to cut supply. Oil gains were solidified by news that the...

  • Oil prices closed sharply higher after government data showed weekly U.S. crude stockpiles fell more than expected.

  • *Falling crude output in Venezuela supports market. SINGAPORE, June 29- Oil rose early on Wednesday as financial traders poured money back into commodities following the initial shock of Britain's vote to leave the European Union, and as a potential strike in Norway and crisis in Venezuela threatened to cut supply. Oil gains were solidified by news that the...

  • *Prices up on looming oil industry strike in Norway, weak dollar. NEW YORK, June 28- Oil prices jumped 3 percent or more on Tuesday with investors buying back into the market after a two-day rout triggered by Britain's vote to leave the European Union. The American Petroleum Institute indicated in a preliminary report that crude inventories could have fallen...

  • Commodities tomorrow:

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

  • Cashin: May be bit of an oversold rally

    Art Cashin, UBS Financial Services Director Of Floor Operations, talks about what to watch in the last half hour of trading.

  • NEW YORK, June 28- Oil prices settled up 3 percent or more on Tuesday with investors buying back into the market after a two-day rout triggered by Britain's vote to leave the European Union. The American Petroleum Institute will issue a preliminary report on crude inventories at 4:30 p.m. EDT, ahead of official stockpiles data from the U.S. government on...

  • Closing Bell Exchange: Is the rally for real?

    Discussing the current state of the markets with Joe Duran, United Capital CEO & Founding Partner; Stephen Guilfoyle, Deep Value Managing Director of Floor Operations; and CNBC's Rick Santelli.

  • NEW YORK, June 28- Oil prices rose 2 percent on Tuesday with investors taking advantage to buy back into the market after a two-day rout triggered by Britain's vote to leave the European Union. A looming strike at several Norwegian oil and gas fields that threatened output in western Europe's biggest producer helped put a floor beneath crude futures after an 8...

  • Futures Now: Key levels for oil

    The Futures Now team discusses oil prices into July 4th weekend. With Jeff Kilburg, KKM Financial, and Anthony Grisanti, GRZ Energy.

  • Drilling rig Texas

    States that reaped billions during the energy boom are reeling from budget shortfalls. A look at the spillover effect on local economies.

  • NEW YORK, June 28- Oil prices rose 2 percent on Tuesday as investors took advantage of a two-day slide in crude triggered by Britain's vote to leave the European Union and as their focus returned to potential supply outages and drawdowns in crude. Trade group The American Petroleum Institute will issue a preliminary report on crude inventories at 4:30 p.m. EDT,...

  • LAUNCESTON, Australia, June 28- China is a bigger concern for crude oil and products markets than the current worries about the British vote to leave the European Union. On the surface crude imports by the world's No.2 consumer China look healthy enough, rising 16.5 percent to the equivalent of about 7.49 million barrels per day in the first five months of the year...

  • LONDON, June 28- Oil prices topped $48 a barrel on Tuesday as investors took advantage of a two-day slide in crude triggered by Britain's vote to leave the European Union. The vote's impact on oil, despite sending global stocks and currencies spiralling, has so far been limited due to expectations of strong summer demand in Asia and the United States and...