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Oil

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  • SINGAPORE, March 17- Brent crude oil prices reversed most of their early gains to steady below $54 per barrel on Tuesday as high ongoing oversupply dragged on the market. Brent, which rose to a session high of $54.38, was trading at $53.99 by 0430 GMT. U.S. crude, or West Texas Intermediate, was at $43.69 a barrel, down 19 cents and slightly above 6- year lows of $42.85 hit...

  • $40 oil isn't out of the question: Pro Monday, 16 Mar 2015 | 11:43 PM ET
    $40 oil isn't out of the question: Pro

    David Lennox, resources analyst at Fat Prophets, says oil prices could fall to $40 a barrel or below as significant oversupply persists.

  • SINGAPORE, March 17- Brent crude rose above $54 a barrel on Tuesday, recovering some of the previous session's losses when it dropped to a six-week low, although concerns over a worsening global supply glut kept a lid on gains. May Brent crude rose 20 cents to $54.14 a barrel as of 0300 GMT. U.S. crude fell 6 cents to $43.82 a barrel, after settling down 96 cents a day ago...

  • US crude ends at lowest since March 2009 Tuesday, 17 Mar 2015 | 2:58 PM ET
    An oil-drilling rig operates on Sept. 26, 2014 near Walle, Germany.

    Oil prices were under pressure for a fourth straight day on Tuesday on expectations of a 10th week of record builds in U.S. crude.

  • SINGAPORE, March 17- U.S. crude futures held below $44 a barrel on Tuesday on concerns U.S. crude stockpiles could hit a record high for a tenth straight week, while Libya and Iran may add to output in an already oversupplied market. *U.S. crude for April delivery was unchanged at $43.88 a barrel as of 0033 GMT after it closed down 96 cents in the previous session, having...

  • Oil collapse will hit the Gulf, but don't panic Monday, 16 Mar 2015 | 6:36 PM ET

    The economies of Gulf oil exporting nations look increasingly strained, new forecasts show, but economists say there's still no cause for alarm.

  • Commodities tomorrow: OPEC plays chicken Monday, 16 Mar 2015 | 4:00 PM ET
    Commodities tomorrow: OPEC plays chicken

    CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Oil keeps trying to find a bottom, but the supply glut has oil at 6-year lows.

  • Hammered by oversupply, U.S. oil prices fell 60 percent from $107 a barrel in June to below $44 a barrel in January before rallying and trading in a range around $50 in February. "We thought the market was being supported by a couple of false positives, and a couple of one-offs that we didn't think were sustainable into the second quarter," said Michael Cohen, head of...

  • Oil goes lower, shouldn't gas too? Monday, 16 Mar 2015 | 3:35 PM ET
    Oil continues lower; shouldn't gas be less?

    Discussing the next driver for gasoline prices, with Carl Frost, Frost and Sullivan; and Chris Faulkner, Breitling Energy.

  • *Signs of nuclear deal and end of sanctions for Iran add pressure. NEW YORK, March 16- Oil prices fell 2 percent on Monday, with U.S. crude hitting six-year lows, on signs of higher output in the United States and Libya and a possible nuclear deal that could end sanctions for Iran, allowing more of its oil into the market. The United States and Iran, meanwhile, inched closer...

  • This signals more oilfield mergers may be coming Monday, 16 Mar 2015 | 2:55 PM ET
    Pumpjacks operate at an oil well in Williston, North Dakota.

    Exploration and production firms have issued nearly $9 billion in stock this year, well above recent first-quarter totals.

  • Crude falls to 6-year low Monday, 16 Mar 2015 | 2:30 PM ET
    Crude falls to 6-year low

    CNBC's Bertha Coombs tracks rig counts and oil production as crude comes to the close and dips below $43 for the first time in more than six years.

  • US oil production growth is going to zero: Analyst Monday, 16 Mar 2015 | 1:58 PM ET
    Natural Gas Oil

    U.S. oil production continues to rise despite falling crude prices, but Richard Hastings tells CNBC that output growth could go negative by May.

  • Oil sinks to 6-year low Monday, 16 Mar 2015 | 1:03 PM ET
    Oil sinks to 6-year low

    CNBC's Bertha Coombs reports the price of oil is weakening to $43 on worries about the oil glut.

  • Fed won't spoil party by early rate hike Monday, 16 Mar 2015 | 11:00 AM ET
    Fed won't spoil party by early rate hike

    The Federal Reserve won't hike rates early says Andrew Sheets, chief cross-asset strategist at Morgan Stanley, who explains the factors that will impact its decision.

  • Lifting oil export ban overdue: Analyst Monday, 16 Mar 2015 | 10:51 AM ET
    Lifting oil export ban overdue: Analyst

    Fadel Gheit, Oppenheimer & Co., shares his outlook on oil and what would likely bring down the price of gasoline.

  • UPDATE 7-Oil drops on ample supply, Iran nuclear talks Monday, 16 Mar 2015 | 10:44 AM ET

    LONDON, March 16- Brent crude oil fell to around $53 a barrel on Monday, its lowest for more than a month, on rising global inventories and signs of a possible nuclear deal with Tehran that could allow more Iranian oil exports. Western powers are hoping for concessions from Tehran that could help clinch an agreement in nuclear talks this week after the United States...

  • Further energy downside coming: Pro Monday, 16 Mar 2015 | 10:06 AM ET
    Further energy downside coming: Pro

    Amrita Sen, Energy Aspects, and Richard Hastings, Global Hunter Securities, join the "Squawk on the Street" team to discuss the latest in oil and why traders are eyeing U.S. production levels.

  • WTI crude hits 6-year low Monday, 16 Mar 2015 | 9:44 AM ET
    WTI crude hits 6-year low

    CNBC's Bertha Coombs discusses oil and products as Brent premium widens.

  • Pisani's market open: Bullish start to the week Monday, 16 Mar 2015 | 9:38 AM ET
    Pisani's market open: Bullish start to the week

    CNBC's Bob Pisani looks ahead at oil, global equities, and Anheuser-Busch.