Helima Croft, Managing Director, RBC Capital Markets and Patrick Dehaan, Senior Petroleum Analyst, GasBuddy.com, weigh in on the Keystone XL impact on oil markets and OPEC'S next move.
LONDON, March 27- Hedge funds have unwound much of the concentration of bullish positions that contributed to a fall in oil prices this month, suggesting a broader range of views about where prices go next. Hedge funds and other money managers now hold a combined net long position in Brent and WTI of 684 million barrels, down from a record 951 million on Feb. 21, though...
Discussing the environment for currencies and oil with Kathy Lien, B.K. Asset Management managing director of FX strategy, and Jacques Rousseau, ClearView Energy Partners managing director.
Discussing the Keystone XL Pipeline approval and the outlook for U.S. energy commodities with John Kilduff, Again Captial founding partner and CNBC contributor.
Industry analyst Trilby Lundberg said Sunday that the price drop comes as crude oil prices also slipped during the same period.
A U.K. energy firm has seen shares spike after confirming a large oil find off Scotland's north coast.
CNBC's Jackie DeAngelis reports from Nebraska about President Trump's approval for the Keystone XL Pipeline and how it will affect oil prices.
Andrew Latham, vice president of global exploration at Wood MacKenzie, discusses the potential of the Arctic to yield key energy commodities.
*OPEC, non- OPEC producers review extension of production cuts. SINGAPORE, March 27- Oil prices fell on Monday, pulled down by rising U.S. drilling activity and by doubts whether an OPEC- led production cut initially due to end in mid-2017 would be extended. In the United States, West Texas Intermediate crude futures were down 41 cents, or 0.85 percent, at $47.56 a barrel.
Kokou Agbo Bloua, global head of flow strategy and solutions at Societe Generale, discusses what he perceives as positioning in the oil market.
*OPEC, non- OPEC producers review extension of production cuts. SINGAPORE, March 27- Oil prices fell on Monday, pulled down by rising U.S. drilling activity and by doubts whether an OPEC- led production cut initially due to end in mid-2017 would be extended. In the United States, West Texas Intermediate crude futures were down 45 cents, or 0.94 percent, at $47.52 a barrel.
The current attempt to limit oil supply will likely be extended, but a pick-up in demand is needed to support a bull case for oil, an analyst says.
Uncertainty over whether an OPEC-led production cut will be extended beyond June weighed on oil prices.
Alan Bannister of S&P Global Platts says the OPEC output cut agreement has had benefited oil prices but U.S. shale production continues to overhang.
A committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a pact to limit supplies should be extended.
CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
An oil spill in western North Dakota last December might be bigger than everyone thought.
An official says Saudi Arabia's U.S. oil exports are falling and will stay low, but other data suggest the drop is only temporary.
John Kilduff, Again Capital, discusses the impact of the Keystone XL Pipeline approval on the oil market.
President Donald Trump comments on the approval of the Keystone Xl Pipeline.