Brent futures were up 23 cents at $56.04 a barrel at 0750 GMT, while U.S. "Sustained gains above $55 a barrel, and a hoped for rally to $60 a barrel, both proving incredibly tough nuts to crack," said Jeffrey Halley, senior market analyst at futures brokerage OANDA in Singapore. "At the crux of the matter is that 90 percent OPEC compliance is being balanced by ever...
Brent futures were up 17 cents at $55.98 a barrel at 0616 GMT, while U.S. "Sustained gains above $55 a barrel, and a hoped for rally to $60 a barrel, both proving incredibly tough nuts to crack," said Jeffrey Halley, senior market analyst at futures brokerage OANDA in Singapore. "At the crux of the matter is that 90 percent OPEC compliance is being balanced by ever...
The two underpinnings of this rally — the Trump Rally, and the Reflation Trade — are both very much intact.
Stocks could see a further 6 percent rise this year, according to strategist Ed Yardeni.
Oil is likely to remain in the low $50s for the rest of the year.
Ed Yardeni of Yardeni Research gives his take on what he sees is the improving economy with CNBC's Dominic Chu.
Ed Yardeni of Yardeni Research discusses how high he feels the market can go with CNBC's Dominic Chu.
Peter Schiff, CEO of Euro Pacific Capital, tells the "Futures Now" traders why gold is headed much higher.
Euro Pacific Capital CEO Peter Schiff gives his thoughts on Janet Yellen's testimony and the Fed. He discusses with CNBC's Courtney Reagan.
The focus on the breakout in U.S. stocks is overshadowing an equally important event: a global stock market breakout.
The top 500 stocks have a value of about $20 trillion, and the remaining 2,500 have a value of only about $5 trillion more.
Former Reagan administration OMB director David Stockman sees stocks falling, and it's all thanks to Trump.
David Stockman, former Reagan administration OMB director, gives three reasons why Trump will tank the market.
David Stockman, former OMB director under the Reagan administration, gives his thoughts on the Trump administration so far with CNBC's Courtney Reagan.
If there was ever any doubt that markets are moving on tax reform, they should be laid to rest today.
Traders may want to think twice before backing out of the reflation trade right now.
One market expert warns that while stocks may be rallying, the political climate could wreck havoc on the market.
Rebecca Patterson of Bessemer Trust tells CNBC's Courtney Reagan how protectionism on Donald Trump's part could hurt the markets.
Rebecca Patterson of Bessemer Trust tells CNBC's Courtney Reagan why stocks have managed to stay afloat despite politics in the U.S. and abroad.
No one is laughing anymore when Marine Le Pen says she will pull France out of the eurozone.
Political uncertainty in the United States and a suspected Islamist attack in Spain boosted bullion's safe-haven appeal.
Oil prices rose on Friday as the stock market strengthened and the U.S. dollar weakened.
U.S. crude prices are likely capped at $60 a barrel through 2022, but could rise above $70 and fall below $40, Citi said.