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  • *Q2 loss/shr C $0.20 vs. estimates of loss of C $0.24. July 21- Canada's Precision Drilling Corp said drilling activity in North America in the second quarter was the lowest in decades, but added that oil producers were resetting capital budgets due to the recent rally in crude prices. "Our customers appear to be looking beyond the oil price lows of earlier this year,...

  • Barclays raises oil price forecast on supply shortage

    The bank expects oil prices to peak sooner than previously thought due to a higher chance of a supply shortage.

  • LONDON, July 21- Oil prices steadied on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks but an overall build in oil inventories. West Texas Intermediate crude for September delivery, the new front-month contract from Thursday, was up 12 cents at $45.87 a barrel at 1035 GMT. That should undermine prices in the...

  • MOSCOW, July 21- The Russian rouble was steady on Thursday, with greater rouble liquidity provision from the central bank offsetting support from higher oil prices and impending tax payments. Brent crude oil, a global benchmark for Russia's main export, was up 0.3 percent at $47.3 a barrel. On Tuesday the central bank sharply increased the limit on its weekly repo...

  • LONDON, July 21- Oil prices moved slightly higher on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks, although an overall build in oil inventories capped gains. West Texas Intermediate crude for September delivery, the new front-month contract from Thursday, was up 15 cents at $45.90 a barrel at 0800 GMT.

  • TOKYO, July 21- Crude oil prices rose on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks, although a surprise build in gasoline supplies helped to cap the gains. West Texas Intermediate crude for September delivery, the new front month contract from Thursday, was up 22 cents at $45.97 a barrel at 0701 GMT.

  • MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent, its highest level since October 2015 after earnings overnight helped push both the Dow Jones Industrial Average and the S&P 500 to record highs. Several media such as Mainichi Shimbun and Kyodo News Agency reported that the Japanese government is to compile a stimulus package of...

  • TOKYO, July 21- Crude oil prices rose on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks, although a surprise build in gasoline supplies helped to cap the gains. West Texas Intermediate crude for September delivery, the new front month contract from Thursday, was up 18 cents at $45.93 a barrel at 0042 GMT.

  • Halliburton Results

    Oilfield services firms still need higher oil prices in order to encourage producers to restart more rig activity, says Lipow Oil Associates' Andy Lipow.

  • Bangchak Petroleum

    Bangchak Petroleum President Chaiwat Kovavisarach explains the firm's decision to expand its renewable energy business through its subsidiary BCPG.

  • A floorhand works on an oil rig in the Bakken shale formation outside Watford City, North Dakota.

    Oil prices fell on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks.

  • TOKYO, July 21- Crude oil prices edged up in early Asian trading on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks but a surprise build in gasoline supplies. West Texas Intermediate crude for September delivery, the new front month contract from Thursday, was up 2 cents at $45.77 a barrel at 0102 GMT.

  • Halliburton Earnings

    Halliburton had aggressively gained market share during the downturn and is now well-positioned as demand picks up, says KeyBanc Capital Markets' Robin Shoemaker.

  • Has crude found a bottom?

    Carter Worth, Cornerstone Macro, goes to the charts to look at performance in the oil market. The "Fast Money" traders give their views on energy names.

  • Crude's rally over?

    CNBC's Dominic Chu reports on the oil market's volatility and how the correlation between oil and stocks may be deteriorating.

  • Harold Hamm

    A President Donald Trump would ensure that the country developed more oil and gas, Continental Resources CEO Harold Hamm said Wednesday.

  • Commodities tomorrow:

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

  • NEW YORK, July 20- Oil prices rose as much as 1 percent on Wednesday, lifting U.S. crude from two-month lows, after the U.S. government reported a ninth straight week of crude inventory draws, easing some concerns in a market worried about a glut. U.S. gasoline prices, however, hit four-month lows after the data from the U.S. Energy Information Administration also...

  • NEW YORK, July 20- Oil prices rose 1 percent on Wednesday, lifting U.S. crude from two-month lows, after the U.S. government reported a ninth straight week of crude inventory draws, easing some concerns in a market worried about a fuel glut. U.S. gasoline prices, however, hit four-month lows after the data from the U.S. Energy Information Administration also showed a...

  • Workers use a series of booms to try to clean up an oil spill of approximately 800,000 gallons of crude oil from the Kalamazoo River July 28, 2010 in Marshall, Michigan.

    Enbridge Energy Partners will pay a $61 million penalty for the costliest inland oil spill in U.S. history.