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  • Volatile oil, a dovish Fed, and start of earnings Wednesday, 8 Apr 2015 | 5:57 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Markets expect to hear from a dovish Fed Wednesday, while a bubbling up of oil prices makes weekly U.S. inventory data a bigger than normal focus.

  • Traders work on the floor of the New York Stock Exchange.

    Markets expect to hear from a dovish Fed Wednesday, while a bubbling up of oil prices makes weekly U.S. inventory data a bigger than normal focus.

  • U.S. job openings surged to a 14- year high in February the Labor Department said in its monthly Job Openings and Labor Turnover Survey, lifting oil prices. "That JOLTS report was certainly quite strong and strong employment equals strong gasoline demand," said John Kilduff, partner at Again Capital LLC in New York. May crude was up $1.65 at $53.79 a barrel at...

  • "That JOLTS report was certainly quite strong and strong employment equals strong gasoline demand," said John Kilduff, partner at Again Capital LLC in New York. May crude was up $1.11 at $53.25 a barrel at 12:10 p.m. EDT, having traded from $51.17 to $53.46. Brent May crude was up 48 cents at $58.60, having swung from $57.02 to $59.09.

  • LONDON, April 7- Brent crude oil fell towards $57 a barrel on Tuesday on signs of growing oversupply as Iranian officials visited Beijing to push for more oil sales after Tehran agreed a framework nuclear deal that could lead to the lifting of sanctions. China is Iran's largest trade partner and has bought roughly half of Iran's crude exports since 2012, when...

  • NEW YORK, April 6- Oil prices jumped more than 5 percent on Monday as traders reassessed how quickly Iran might increase exports after a preliminary nuclear deal and anticipated that a months-long rise in U.S. crude inventories may be slowing. Brent crude's rally followed Thursday's nearly 4 percent tumble after Iran and six world powers announced a framework...

  • *Iran unlikely to ramp up exports before 2016- analysts. NEW YORK, April 6- Oil prices jumped as much as 5 percent on Monday as traders reassessed how quickly Iran could increase exports after a preliminary nuclear deal and anticipated that a months-long rise in U.S. inventories may be slowing. Brent crude tumbled nearly 4 percent on Thursday after Iran and six...

  • U.S., BRENT CRUDE FUTURES RISE FURTHER AFTER FORECAST FOR LOWER THAN EXPECTED CRUDE STOCKS BUILD AT CUSHING, OKLAHOMA.

  • NEW YORK, April 1- U.S. crude inventories rose last week to a record high for the 12th straight week, while gasoline stocks fell more than four times than expected as demand grew for the motor fuel, data from the Energy Information Administration showed on Wednesday. "The large decline in gasoline inventories is notable, as is the four-week average demand of 9...

  • The company, which was acquired in a $7.2 billion deal in 2011 by a team of investors led by KKR& Co, had a total debt of about $3.9 billion as of Dec. 31. The company had earlier hired restructuring advisers Kirkland& Ellis LLP and Blackstone Group LP, according to a person familiar with the matter. The Tulsa, Oklahoma- based company, which had about $23.8 million in cash...

  • NEW YORK, March 31- A month ago, it seemed inevitable: a massive global oversupply of crude oil production would overwhelm storage tanks in Oklahoma and fill supertankers off Singapore. Now, there are growing signs that the U.S. oil market can avoid the doomsday scenario in which it runs out of room to stockpile surplus crude, a development that oil traders worried...

  • SEOUL, March 27- U.S. crude futures dipped on Friday on crude stocks extending their record build, but stayed above $51 a barrel and near 2015 highs as air strikes in Yemen by Saudi Arabia and its Gulf Arab allies stoked supply concerns. *Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the less than 40 km wide waters...

  • TOKYO, March 26- Crude oil prices were steady on Thursday despite Saudi Arabia and its Gulf Arab allies launching a military operation in Yemen, including airstrikes. *U.S. crude for May delivery was down 16 cents at $49.06 a barrel as of 0033 GMT. *Saudi Arabia and its Gulf Arab allies launched a military operation involving air strikes in Yemen against Houthi...

  • WILLISTON, N.D., March 23- Business and community leaders in North Dakota's western oil patch have launched an aggressive campaign to convince more manufacturers to set up shop locally, part of a push to expand the area's economy beyond crude production and slash costs. The company, located on North Dakota's eastern edge, six hours from Williston, currently does...

  • NEW YORK, March 25- U.S. crude inventories soared last week to extend their record build into the eleventh consecutive week as stocks at the Cushing, Oklahoma, delivery hub also hit another peak, data from the Energy Information Administration showed on Wednesday. But the EIA noted in a report released earlier this week that capacity additions at Cushing meant...

  • *China strategic reserves close to capacity- Sinopec exec. Brent crude oil was up 34 cents at $55.45 a barrel by 1453 GMT, but that was well off an earlier high of $56.25. U.S. light crude oil was up 8 cents at $47.59 per barrel, off an earlier high of $48.37.

  • Most loved beer label contest: Underdogs to watch Tuesday, 24 Mar 2015 | 1:01 PM ET
    Prairie Artisan Ales Chrismas Bomb.

    CNBC's beer label contest is all about having the right flair. Here are three potential Cinderella labels that could make some noise in the brackets.

  • RIYADH, March 24- Stronger-than-expected global oil demand should help support crude prices at around $55- $60 a barrel in the next two months despite some signs of a growing glut in the United States, a senior Gulf OPEC delegate told Reuters on Tuesday. Low oil prices may have encouraged demand to pick up particularly in the United States but also in Asia, the Gulf...

  • *China factory activity contracts- HSBC/ Markit. LONDON, March 24- Brent crude oil held below $56 a barrel on Tuesday on signs of slowing growth in China and as Saudi Arabia said its production was close to an all-time high. The Chinese data followed comments from OPEC kingpin Saudi Arabia that it is pumping around 10 million barrels of crude per day, close to an...

  • Native tribes debate entering legal pot business Thursday, 19 Mar 2015 | 1:31 PM ET
    Monument Valley Navajo Tribal Park in southeastern Utah.

    Many Native American tribes are grappling with the idea of growing marijuana on reservation land.