Energy Commodities Oil

  • *Refined product stocks stay high in United States, Asia. *Many traders see $50- 60 a barrel oil price as fair value. International Brent crude oil futures traded 13 cents a barrel lower at $52.38 a barrel at 0845 GMT, after setting a 2016 high of $52.86 a barrel earlier in the session.

  • Oil

    S&P Global Platts' Vandana Hari says the weaker dollar and supply outages in some oil producing regions are driving oil prices higher.

  • *But refined product stocks remain high in U.S., Asia. *Many traders see $50- 60/ bbl oil price as fair value. International Brent crude oil futures hit a high of $52.86 a barrel, and were up 23 cents at $52.74 a barrel at 0700 GMT.

  • Oil

    OCBC's Barnabas Gan warns that U.S. shale producers have brought down production costs over the years and some are even profitable at current levels.

  • Oil

    Argus Media's Alejandro Barbajosa explains that oil prices might not be able to maintain prices above $50 a barrel as shale oil production returns.

  • TOKYO, June 9- Asian stocks edged up on Thursday after modest gains on Wall Street overnight, while a weaker dollar buoyed commodities such as gold and crude oil. The New Zealand dollar soared to a one-year high after the nation's central bank kept interest rates steady as expected, even as some in the market had wagered on a cut. South Korea's Kospi edged up 0.3...

  • A worker walks at Nahr Bin Umar oil field, north of Basra, Iraq December 21, 2015.

    U.S. oil prices fell, snapping a three-day rally after notching another 2016 high, as a strong dollar sparked profit-taking.

  • *But refined product stocks remain high in U.S., Asia. *Many traders see $50- 60/ bbl oil price as fair value. International Brent crude oil futures were trading at $52.70 per barrel at 0045 GMT, up 19 cents from their last close.

  • *Prices up earlier on Nigeria attacks, China. NEW YORK, June 8- Crude futures rose on Wednesday, hitting 2016 highs above $50 a barrel and settling up for a third straight day on worries about sabotage of oil facilities in Nigeria, although a build in U.S. gasoline stocks amid peak summer demand could pressure prices. This indicates a sentiment that gasoline demand...

  • John Kilduff

    Oil prices may have hit new highs for the year on Wednesday, but oil expert John Kilduff says he doesn't expect the rally to continue.

  • Commodities tomorrow:

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

  • Behind oil's massive rally

    Discussing what factors could stand in the way of oil's move higher, with Andy Lipow, Lipow Oil, and James Cordier, OptionSellers.com founder.

  • Closing Bell Exchange: Dow above 18k

    Discussing the market climbing higher, with Nancy Tengler, Heartland Financial Co.; Keith Bliss, Cuttone & Company; and CNBC's Rick Santelli.

  • QUITO, June 8- Ecuadorean President Rafael Correa predicted on Wednesday that the global oil price would hover around $50 a barrel for the rest of 2016, though he said that would not be enough to relieve the financial strain on the smallest OPEC nation. $50 or $60 will still be a cheap barrel because of our production costs, "he said. Crude futures rose for a third...

  • Some of the factors driving oil higher may be fleeting, and crude is widely expected to come off current levels. But strategists say the charts are telling another story.

  • *Prices up earlier on Nigeria attacks, China. NEW YORK, June 8- Crude futures rose on Wednesday, hitting 2016 highs above $50 a barrel and settling up for a third straight day on worries about sabotage of oil facilities in Nigeria, although a build in U.S. gasoline stocks amid peak summer demand could pressure prices. This indicates a sentiment that gasoline demand...

  • Oil inventory by the numbers

    Discussing the outlook for oil production and prices globally, with Suzanne Minter, Platts Analytics.

  • Nigeria's oil struggle

    Insight to what's driving Nigeria's oil production lower, with Robin Renee Sanders, former U.S. Ambassador to Nigeria.

  • Oil crosses $51

    John Kilduff, Again Capital Partner and CNBC Contributor, discusses the rally in the oil market.

  • *Oil prices hit 2016 highs. June 8- Wall Street was higher in a narrow trading range early on Wednesday afternoon, with the S&P 500 inching towards its all-time high, as oil prices hit 2016 highs above $50 a barrel. Investors have all but priced out an interest rate hike when Federal Reserve officials meet on June 14-15, which pushed the dollar lower for the fourth day...