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Energy Commodities Brent Crude Commodity Market Trades, Charts

  • NEW YORK, Dec 8- Oil prices rose almost 2 percent on Friday, helped by rising Chinese crude demand and threats of a strike in Africa's largest oil exporter. But U.S. prices fell 1.7 percent on the week and Brent prices fell 0.5 percent amid concerns that rising U.S. production could undermine OPEC- led supply cuts. China's crude oil imports rose to 9.01 million barrels...

  • Jackie DeAngelis commodity hit

    CNBC's Jackie DeAngelis reports on the oil market.

  • SINGAPORE, Dec 8- Oil prices were stable on Friday as the weight of a strengthening U.S. dollar was countered by China's relentless thirst for crude and the OPEC- led supply cuts that have gradually tightened the market this year. "A strong U.S. dollar could act as a headwind to commodities," Bank of America Merrill Lynch said in its 2018 outlook. Preventing prices from...

  • SINGAPORE, Dec 8- Oil prices dipped on Friday, weighed down by a strengthening U.S. dollar, although China's relentless thirst for crude and OPEC- led supply cuts prevented further falls. "A strong U.S. dollar could act as a headwind to commodities," Bank of America Merrill Lynch said in its 2018 outlook. Preventing prices from sliding further was booming oil demand...

  • SINGAPORE, Dec 8- Oil prices were stable on Friday, held back by a strengthening U.S. dollar but supported by China's relentless thirst for crude amid the OPEC- led supply cuts that have already tightened the market this year. West Texas Intermediate crude futures were at $56.68 a barrel at 0535 GMT, virtually unchanged from their last settlement at $56.69.

  • SINGAPORE, Dec 8- Oil prices were stable on Friday, held back by a strengthening U.S. dollar but supported by China's relentless thirst for crude amid the OPEC- led supply cuts that have already tightened the market this year. "A strong U.S. dollar could act as a headwind to commodities," Bank of America Merrill Lynch said in its 2018 outlook. Despite this, China's...

  • SINGAPORE, Dec 8- Oil prices dipped on Friday as the U.S. dollar strengthened, although OPEC- led supply cuts are seen supporting markets going into next year. West Texas Intermediate crude futures were at $56.64 a barrel at 0108 GMT, down 5 cents from their last settlement. More fundamentally, oil prices have been receiving support from the Organization of the...

  • SINGAPORE, Dec 8- Oil prices dipped on Friday as the U.S. dollar strengthened, although OPEC- led supply cuts are seen supporting markets going into next year. West Texas Intermediate crude futures were at $56.64 a barrel at 0108 GMT, down 5 cents from their last settlement. More fundamentally, oil prices have been receiving support from the Organization of the...

  • Commodities tomorrow:

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

  • LONDON, Dec 7- Oil edged higher on Thursday, regaining ground from sharp losses the previous day brought on by an unexpectedly large rise in U.S. stocks of refined fuels. Brent crude futures traded 52 cents higher at $61.74 a barrel by 1446 GMT. Data from the Energy Information Administration on Wednesday showed that U.S. crude oil inventories fell by 5.6 million...

  • LONDON, Dec 7- Oil rose on Thursday in a sign that investors are wary of pushing the market lower in response to an unexpectedly large rise in U.S. stocks of refined products that has increased concern about the demand outlook. Brent crude futures were at $61.55 a barrel, up 33 cents by 1008 GMT. "We had a nice run to the downside yesterday and it seems for now that it's'...

  • SINGAPORE, Dec 7- Oil prices were stable on Thursday as a fall in U.S. crude inventories was countered by soaring output and a rise in fuel stocks. West Texas Intermediate crude futures were at $55.92 a barrel at 0751 GMT, down 4 cents from their last settlement. "Traders were more concerned about the steep rise in gasoline inventories," said Stephen Innes, head of...

  • SINGAPORE, Dec 7- Oil prices were stable on Thursday as a fall in U.S. crude inventories was countered by soaring output and a rise in fuel stocks. Brent crude futures, the international benchmark for oil prices, were at $61.29 a barrel, up 7 cents. "Traders were more concerned about the steep rise in gasoline inventories," said Stephen Innes, head of trading for...

  • SINGAPORE, Dec 7- Oil prices inched higher on Thursday after a data report showed a decrease in U.S. crude inventories, but rising gasoline stocks and crude production weighed on the market. West Texas Intermediate crude futures were at $56.18 a barrel at 0424 GMT, up 22 cents, or 0.4 percent from their last settlement. Traders were more concerned about the steep...

  • SINGAPORE, Dec 7- Oil prices inched up on Thursday on a decrease in U.S. crude inventories, but rising gasoline stocks and crude production weighed on the market. West Texas Intermediate crude futures were at $56.09 a barrel at 0101 GMT, up 13 cents, or 0.23 percent from their last settlement. Indeed, traders were more concerned about the steep rise in gasoline...

  • SINGAPORE, Dec 7- Oil prices inched up on Thursday on a decrease in U.S. crude inventories, but rising gasoline stocks and crude production weighed on the market. West Texas Intermediate crude futures were at $56.09 a barrel at 0021 GMT, up 13 cents, or 0.2 percent from their last settlement. Traders said the higher prices came as U.S. crude oil inventories fell by 5.6...

  • SINGAPORE, Dec 7- Oil prices inched up on Thursday on a decrease in U.S. crude inventories, but rising gasoline stocks and crude production weighed on the market. West Texas Intermediate crude futures were at $56.09 a barrel at 0021 GMT, up 13 cents, or 0.2 percent from their last settlement. Traders said the higher prices came as U.S. crude oil inventories fell by 5.6...

  • Expect oil prices to fall to lower $50s, analyst says

    Stephen Schork, editor at The Schork Report, talks about why he thinks oil markets are at their peak and Nymex WTI prices could slide lower.

  • BRENT CRUDE FUTURES FALL BY MORE THAN $1 TO SESSION LOW OF $61.85 A BARREL.

  • *OPEC/ Russia- led supply cuts lend market support. Brent crude futures were down 79 cents at $62.07 a barrel by 1253 GMT, after reaching a session high of $62.93, while U.S. crude futures dropped 81 cents to $56.81. Supply cuts by the Organization of the Petroleum Exporting Countries, Russia and other producers that were extended at a meeting last week for the rest of...