Why oil prices rallied higher this week, with Helima Croft, RBC Capital Markets.» Read More
SINGAPORE, Oct 2- Crude prices rose on Friday as fighting in Syria intensified, but remained on course to end the week largely unchanged as a hurricane was seen as less likely to affect U.S. oil facilities. Still, U.S. crude was 57 cents higher at $45.31 a barrel by 0253 GMT, after settling 35 cents lower in the previous session. Traders said a political risk premium had...
WASHINGTON— The Senate Banking Committee endorsed a bill Thursday to lift the four-decade-old ban on crude oil exports, the latest sign of congressional support for legislation that President Barack Obama opposes. Heidi Heitkamp of North Dakota sponsored the bill and was the only Democrat to support it. Lisa Murkowski, R- Alaska, before a vote in the full Senate.
The "Fast Money" traders give their final thoughts of the day.
Oil fell nearly 1% Thursday after being up over 4% percent, volatility that can be partially attributed to strained U.S.-Russia relations over Syria.
Oil inventories appear set to balance for the first time in eight quarters, and natural gas could surge 40 percent, Francisco Blanch said.
CNBC contributor Helima Croft, RBC Capital Markets chief commodities strategist, weighs in on the crude oil space and Russia's oil impact.
CNBC's Jackie DeAngelis reports on the oil close, live from the floor of the NYMEX.
Discussing factors impacting natural gas, oil and gold prices, with Francisco Blanch, BofA Merrill Lynch head of global commodity research.
A peace agreement with armed rebels would permanently add 1.5 percent to Colombia's GDP, according the country's leader.
As oil prices struggled to hold onto this week’s gains, investors are obsessed with pinpointing crude’s next move—and there’s hopes the worst might be over.
NEW YORK, Oct 1- Oil prices fell back on Thursday after an early rally on fears of storm damage to U.S. oil installations faded. Brent, the global benchmark for oil, was down 20 cents, or 0.4 percent, at $48.17 a barrel by 10:33 a.m. EDT after hitting a one-week high at $49.84. Hurricane Joaquin, which strengthened into a powerful Category 3 storm and was moving over the...
Marino Valensise, head of multi asset group at Baring Asset Management, explains why oil will be subject to high volatility in future months.
CNBC's Jackie DeAngelis reports natural gas inventories were up 98 billion cubic feet.
NEW YORK, Oct 1- Oil prices jumped as much as 4 percent on Thursday, boosted by a rally in U.S. gasoline on worries about potential damage to oil installations from a hurricane headed for the U.S. East Coast, traders said. U.S. crude rose $1.76, or 3.9 percent, to $46.86 a barrel by 9:40 a.m. EDT after hitting a one-week high of $47.10. Brent, the global benchmark for oil, was...
Syria air strikes introduce Brent risk premium. LONDON, Oct 1- Oil climbed to around $49 a barrel on Thursday as an emerging risk premium over the situation in Syria countered further signs of an economic slowdown in Asia and rising U.S. inventories. Russia launched air strikes in Syria on Wednesday in its biggest Middle East intervention in decades.
Sen. Heidi Heitkamp, (D-N.D.), weighs in on lifting the oil export ban, the Export-Import Bank, and John Boehner's resignation.
After more than a year of lower oil prices, consumers are beginning to reap the benefits of cheaper fuel for their homes and cars.
Matt Smith, ClipperData, shares his outlook on oil inventories and prices.
LONDON, Oct 1- Oil rose above $49 a barrel on Thursday as an emerging risk premium over the situation in Syria countered further signs of an economic slowdown in Asia and rising U.S. inventories. Russia launched air strikes in Syria on Wednesday in its biggest Middle East intervention in decades. Brent crude was up $1.00 at $49.37 a barrel as of 0935 GMT and earlier...
As Russia targets Syria with air strikes, is geopolitics impacting oil prices? Neil Atkinson, head of analysis at Lloyd’s List Intelligence, weighs in.