Now is not the moment to get into the oil sector, according to Brad Handler of Jefferies.» Read More
Brad Handler, Jefferies Analyst, explains why investors should approach the oil sector with caution.
Herbjorn Hansson, Nordic American Tanker CEO, discusses the threat of borrowing too much money in the oil tanker industry.
Herbjorn Hansson, Nordic American Tanker CEO, joins CNBC's "Power Lunch" to discuss all aspects of Nordic American and how the company differs from others.
CNBC's Scott Wapner spoke to Centaurus Energy founder, about pain in Chesapeake's shares, and Arnold said bankruptcy or restructuring is the most likely outcome, despite what Chesapeake says.
UBS Director Of Floor Operations Art Cashin talks about European bank concerns and the direction of oil.
CNBC's Jackie DeAngelis talks about what's moving the oil market and why production isn't falling.
Brent futures fell 68 cents to $33.38 a barrel, a 2 percent loss, by 10:36 a.m. EST, paring a fall of as much as 3.3 percent earlier in the session. "With the possibility of a production cutting deal quickly fading into the sunset, market participants are once again left to focus on the reality of the oversupplied global market," Energy Management Institute analyst...
Shares of the company were halted over eight times on Monday amid earlier claims that Chesapeake had hired restructuring attorneys.
Wunderlich Securities Chief Market Strategist Art Hogan and Raymond James President of Fixed Income Capital Markets Kevin Giddis discuss major factors impacting the market including oil prices, European bank concerns and gold prices.
The average price of a gallon of gasoline in the U.S. fell 8.2 cents in the past two weeks, according to a Lundberg survey.
Jeremy Siegel, Wharton professor, and Jurrien Timmer, Fidelity Investments, share insight to the U.S. economy, earnings and energy. Also a look at how deflationary worries in China could impact global economies.
BRENT CRUDE DOWN $1 TO $33.06 A BARREL.
U.S. WTI CRUDE DOWN $1 TO $29.89 A BARREL.
Dick Evans, Cullen/Frost Bankers CEO, provides perspective on oil prices and insight to the U.S. economy.
CNBC's Morgan Brennan reoports things may only get worse in the oil patch if prices continue to fall.
*Focus shifting to Fed testimony, IEA, EIA and OPEC data. *Iran says European buyers agreed to lift its crude. Global benchmark Brent futures were down 68 cents at $33.38 at 1212 GMT, while U.S. crude futures lost 81 cents to $30.08.
Scott Roberts, Invesco, shares his outlook on oil prices and weighs in on why he thinks the Permian Basin offers the best opportunity.
Michael Hanson, BofA Merrill Lynch, and Julian Emanuel, UBS, share their thoughts on market risks after Friday's "decent" jobs report and challenges ahead for the Federal Reserve.
*Focus shifting to Fed testimony, IEA, EIA and OPEC data. LONDON, Feb 8- Crude oil prices eased in thin trade on Monday as a meeting between OPEC producers Saudi Arabia and Venezuela showed little indication that steps would be taken to boost prices. Saudi Arabia's oil minister Ali al-Naimi discussed cooperation between members of the Organization of the...
*Saudi, Venezuela meet ends with few signs of price boost. TOKYO, Feb 8- Crude oil futures rose on Monday in thin trade as many Asian markets were on holiday for Lunar New Year, with few trading cues expected until Federal Reserve Chair Janet Yellen gives testimony to lawmakers later in the week. U.S. crude futures were also up 30 cents at $31.19, after falling 83 cents to...