The trade war between the United States and China has lasted for more than one year — and a resolution is nowhere in sight.World Economyread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Investors await the Fed's latest decision on monetary policy, set to be released on Wednesday stateside. The U.S. central bank is widely expected to cut rates by 25 basis...Asia Marketsread more
TransferWise posted an annual net profit of £10.3 million on revenues of £179 million.Technologyread more
Live the high life with a night's stay at Highclere Castle, the iconic stately home made famous by Downton Abbey.Spendread more
Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, warns the global chief economist of the Economist Intelligence Unit.Banksread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
Benchmark U.S. crude prices may record their fourth weekly loss as negative economic data hurts fuel demand, according to CNBC's latest market survey of traders, analysts and strategists.
Many poll respondents doubted that the Federal Reserve's two-day policy meeting this week will help lift prices dramatically because oil markets were now more attuned to bearish supply fundamentals, particularly within the U.S.
The Fed is expected to keep its monetary stimulus program in place when it meets on Tuesday and Wednesday.
(Read more: Keystone fight: US landowners vs. Canada oil giant)
"I don't think the FOMC [Federal Open Market Committee] will be as important to oil as it has been in the past," said Phil Flynn, energy analyst at Price Futures Group in Chicago. "We are seeing a breakdown of the risk-on trade. With booming U.S. production and a lessening of some geo-political risk, WTI [West Texas Intermediate] is moving on its own. Supply and demand of oil, not dollars will start to regain control."
Almost two-thirds of the respondents to CNBC's latest poll of oil market sentiment (13 out of 21) believe prices will continue falling this week, 24 percent (5 out 24) expect gains while 14 percent (3 out of 21) are neutral.
U.S. crude oil ended 74 cents higher at $97.85 a barrel on Friday, but finished the week with a 3 percent loss and its third weekly decline, Reuters reported. Brent crude for December ended 6 cents a barrel lower at $106.93 on Friday, its third day of losses and second weekly decline. Brent ended the week 2.7 percent lower, its biggest weekly decline in one month.
The week's scheduled U.S.economic releases – including September retail sales and the October ISM Manufacturing Index -- are likely to be consistent with a softer economy, dragging U.S. futures further below $100, CNBC poll respondents said.
(Read more: Oil costs nudge September US import prices higher)
"We're continuing to see the U.S. economy show weaker prospects at solving its unemployment issues," said Carl Larry, president of Houston-based consultancy Oil Outlooks and Opinions.
"This past week's jobless claims is another hit which should make the next unemployment report look even worse than the last. For the U.S., oil is dependent on the ebb and flow of the economy and it's demand for fuel."
Traders will continue to monitor the dynamics affecting the price spread between the two crude benchmarks. Signs of growing inventories pushed the Brent/WTI spread to more than $13 a barrel earlier last week - its widest since April. The gap may start to narrow after the startup of pipelines linking the oil supply hub of Cushing,Oklahoma to the Gulf Coast and as refineries return from maintenance.
(Read more: Calls come for US to export oil)
"U.S. refinery maintenance should begin to ease which should stop the recent trend of builds in the U.S.DOE (Department of Energy) inventories for crude, so we expect buyers to return," said David Nevin, a London-based broker with XConnect Trading.
"WTI is looking oversold at the moment and a move back to $96.20/$95.80 will again be a buying opportunity," Nevin said.