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Energy Commodities Oil

  • *OPEC supply jumps in May as Libya, Nigeria output recover. *Saudi minister confident OPEC supply cuts are working. LONDON, June 20- Oil prices steadied just above seven-month lows on Tuesday after news of increases in supply, a trend which has undermined attempts by OPEC and other producers to support the market through reduced output.

  • *OPEC supply jumped in May as Libya, Nigeria output recovered. *Saudi minister confident OPEC supply cuts are working. TOKYO, June 20- Oil markets held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices.

  • Oil prices: We're 'getting close to the lows'

    Fundamentals for oil markets are improving, but Brent is unlikely to climb much higher than $50 a barrel, says Ole Hansen, Saxo Bank.

  • *OPEC supply jumped in May as Libya, Nigeria output recovered. *Saudi minister confident OPEC supply cuts are working. TOKYO, June 20- Oil markets held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices.

  • LONDON, June 19- Hedge fund managers have become very bearish about the outlook for oil prices as production from countries outside OPEC grows and threatens to undermine the effectiveness of OPECs output controls. Hedge funds have discounted the fact oil prices are already under than $50 per barrel and reassurances from OPEC ministers that global oil stocks...

  • An oil pump jack in the oil town of Gonzales, Texas.

    Oil prices fell after news of supply increases, which have undermined attempts by producers to support the market through reduced output.

  • TOKYO, June 20- Oil prices inched up from seven-month lows in Asian trading on Tuesday, but gains were limited as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices. Brent futures were up 13 cents at $47.04 at 0034 GMT. Both benchmarks are down around 15 percent since late May, when OPEC,...

  • Jim Cramer on "Mad Money"

    Jim Cramer eyed a mega-merger in the natural gas space, and no one is talking about it.

  • Cramer Remix: The energy deal that could bring fortunes to shareholders

    Jim Cramer eyed a mega-merger in the natural gas space, and no one is talking about it.

  • Rice Energy

    EQT Corp. is poised to become the largest U.S. natural gas producer after announcing it will acquire fellow shale driller Rice Energy.

  • NEW YORK, June 19- Oil prices fell about 1 percent on Monday to a seven-month low as market players saw more signs that rising crude production in the United States, Libya and Nigeria undercut OPEC- led efforts to support the market with output curbs. "We're seeing more tankers used for storage and more crude from West Africa and Europe being offered into the U.S. Gulf...

  • U.S. CRUDE FUTURES SETTLE AT LOWEST LEVEL SINCE NOV. 14.

  • Cabot Oil and Gas

    Natural gas prices plunged Monday on forecasts for a cooler early summer across the Midwest and Northeast.

  • NEW YORK, June 19- Oil prices were flat on Monday after diving 13 percent since late May as rising production in the United States, Libya and Nigeria have foiled an OPEC- led effort to support the market by cutting production. "Lack of major upside price response to the OPEC output cuts upping the odds of reduced compliance to the agreement in our opinion," Jim...

  • *Libya, Nigeria output recovering, adding to surplus. LONDON, June 19- Oil prices steadied on Monday, pausing for breath after coming under pressure over the past month from rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC- led initiative to support the market by cutting production. Analysts said a steady rise in U.S....

  • Incoming Energy Secretary Rick Perry (R) gives a double thumbs up during the Inaugural Parade for U.S. President Donald J. Trump January 20, 2017 in Washington, DC.

    Rick Perry, U.S. secretary of Energy, talks about the renaissance in America's energy industry, and investing in research and development.

  • Sec. Perrry: Trump wants US to be 'energy dominant'

    Rick Perry, U.S. secretary of Energy, talks about American's energy strategy.

  • LONDON, June 19- Hedge fund managers have become very bearish about the outlook for oil prices as production from countries outside OPEC grows and threatens to undermine the effectiveness of OPECs output controls. Hedge funds have discounted the fact oil prices are already under than $50 per barrel and reassurances from OPEC ministers that global oil stocks...

  • *Libya, Nigeria output recovering, adding to surplus. LONDON, June 19- Oil prices edged higher on Monday, pausing for breath after coming under pressure over the past month from rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC- led initiative to support the market by cutting production. Analysts said a steady rise in U.S....

  • Increased rates could 'wreck' economy: Mark Grant

    Mark Grant, Hilltop Securities, doesn't think now is the time for the Federal Reserve to raise rates and U.S. should take the opportunity to increase oil production.