Energy Commodities Oil


  • Oil closes up, nat gas tanks Tuesday, 15 Dec 2015 | 2:32 PM ET
    Oil closes up, nat gas tanks

    CNBC's Brian Sullivan reports on the close of the commodities markets. Oil was up about 3 percent on the day, but natural gas got hit again.

  • *Oil could fall to $25/ bbl by early 2016, Danske Bank says. "People are buying on the dips," said Jeffrey Grossman, crude dealer at New York's BRG Brokerage, who expects Brent to return closer to the $40- a-barrel level it fell under last week. Brent was up $1.05, or 2.8 percent, at $38.97 a barrel by 1:12 p.m. EST after hitting a session high of $39.41.

  • US oil production weak mid-2016: Pro Tuesday, 15 Dec 2015 | 1:22 PM ET
    US oil production weak mid-2016: Pro

    Discussing the supply and demand dynamics for oil, and whether oil can get to $50, with Francisco Blanch, BofA Merrill Lynch.

  • Vinnie Viola: $32 oil realistic Tuesday, 15 Dec 2015 | 12:19 PM ET
    Vinnie Viola: $32 oil realistic

    Virtu Financial executive chairman Vinnie Viola, weighs in on the move lower in oil.

  • NYMEX update: Crude edges higher Tuesday, 15 Dec 2015 | 9:44 AM ET
    NYMEX update:  Crude edges higher

    CNBC's Bertha Coombs has the latest details on the move in oil prices.

  • John Kilduff: Crude has hit bottom, but ... Tuesday, 15 Dec 2015 | 8:03 AM ET
    John Kilduff, founding partner, Again Capital.

    “That whoosh we got yesterday really had the look of some capitulation,” Again Capital's John Kilduff says.

  • Moody's lowers 2016 oil price forecasts Tuesday, 15 Dec 2015 | 7:00 AM ET
    Moody's lowers 2016 oil price forecasts

    The rating's agency expects the oil price rout to continue amid the oversupply.

  • Has oil finally found a bottom? Tuesday, 15 Dec 2015 | 6:53 AM ET
    Has oil finally found a bottom?

    John Kilduff, Again Capital, shares his outlook on oil prices.

  • Brent crude, the global benchmark, traded up 40 cents, or 1 percent, at $38.32 a barrel at 0913 GMT, levels last seen in late 2008. U.S. crude was trading at $36.49, up 18 cents. It's pretty obvious shorts started to take profit when Brent prices dropped down to the 2008 low, "said Tamas Varga, oil analyst at London- based PVM Associates. With OPEC pumping strongly and U.S....

  • Moody's in sharp cut to 2016 oil price forecasts Tuesday, 15 Dec 2015 | 4:19 AM ET

    Moody's sharply lowered its oil price assumptions on Tuesday, amid a threat of a prolonged oversupply.

  • *Gasoline demand rising in Asia, Europe and North America. SINGAPORE, Dec 15- Even with a global glut in oil supplies set to last well into 2017, indications are emerging that a recovery in prices could get underway sooner rather than later. Oil prices have fallen by two-thirds since mid-2014 to trade near 11- year lows below $40 a barrel and most analysts don't...

  • Royal Dutch Shell aims to bolster case for BG takeover Tuesday, 15 Dec 2015 | 12:51 AM ET

    The takeover requires the support of a majority of Shell shareholders and 75 per cent of those at BG, the FT reports.

  • Junk bonds sell-off, oil slump worries are overdone: UBS

    Hartmut Issel, APAC head of equity and credit and CIO of UBS Wealth Management., discusses whether the weakness in junk bonds and oil prices could derail the U.S. economy.

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

    Oil rebounded by nearly 3 percent on Tuesday, halting a slide to 11-year lows, ahead of a key Fed meeting.

  • Chart: Analysis shows oil has not hit bottom Monday, 14 Dec 2015 | 9:21 PM ET
    An oil pumpjack operates near Williston, North Dakota.

    History is repeating itself on the Nymex, and although $10 oil looks a long shot, technical analysis indicates that prices have further to fall.

  • OPEC production isn't slowing down: Argus Media Monday, 14 Dec 2015 | 6:45 PM ET
    OPEC production isn't slowing down: Argus Media

    "The carte blanche that OPEC members were given to pump at capacity is already being enforced," says Alejandro Barbajosa, VP for crude Middle East and APAC at Argus Media.

  • TOKYO, Dec 15- U.S. crude oil prices fell in early Asian trade, resuming their decline after strong gains on Monday snapped a six-day losing streak, on concerns about a global glut and mild winter demand. Bearish sentiment remains strong, fueled by an OPEC decision earlier in December to abandon setting a production ceiling for the oil cartel and a likely rise in...

  • Energy could slam bonds more than Fed Monday, 14 Dec 2015 | 6:47 PM ET
    Traders in the 10-year bond options pit at the Chicago Board of Trade signal orders.

    Unless the Fed shocks investors with a hawkish tone, oil conceivably could be a bigger factor for credit markets.

  • 'We're slightly underweight on the US' Sunday, 13 Dec 2015 | 10:43 PM ET
    'We're slightly underweight on the US'

    Valuations in the United States are not looking particularly attractive, says Stephen Davies, CEO of Javelin Wealth Management.

  • Lifting the 40- year ban on oil exports is the top priority in a $1.15 trillion spending bill for many Republicans, including Senate Majority Leader Mitch McConnell of Kentucky, because it would offer new markets to drillers suffering from a glut of crude that has helped reduce oil prices to below $40 a barrel. Hatch was unable to guarantee that Congress will be...