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Energy Commodities Oil

  • *Ongoing OPEC/ Russia led supply restraint has propped up crude. SINGAPORE, Jan 16- Brent crude prices consolidated recent gains at around $70 a barrel on Tuesday, a level not seen since 2014' s dramatic oil market slump. Prices have been driven up by production curbs in OPEC nations and Russia, as well by strong demand thanks to healthy economic growth.

  • Oil prices rose to their highest since December 2014. CNBC looks at what happened three years ago when oil prices were at those levels.

  • *Ongoing OPEC/ Russia led supply restraint also props up crude. SINGAPORE, Jan 16- Brent crude prices consolidated recent gains at around $70 a barrel on Tuesday, a level not seen since 2014' s dramatic oil market slump. Prices have been driven up by production curbs in OPEC nations and Russia, as well by robust demand on the back of healthy global economic growth.

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

    Brent crude prices consolidated recent gains at around $70 a barrel on Tuesday.

  • SINGAPORE, Jan 16- Brent crude prices were on Tuesday settling in around $70 per barrel, levels last seen before the start of an oil market slump in late 2014.. Prices have been driven up by production curbs in OPEC nations and Russia, as well as by robust demand on the back of healthy global economic growth. "We have updated our supply/demand balances to reflect a...

  • There are a 'number of things tugging' at the US dollar

    Martin Lakos of Macquarie Wealth Management says a more hawkish ECB is just one factor in U.S. dollar weakness.

  • Crude oil sprays from a well bucket.

    The trader who called the 2011 natural gas collapse doesn't see oil prices falling anytime soon.

  • *Oil propped up by OPEC/ Russia- led production cuts. CALGARY, Alberta, Jan 15- Oil hovered near a three-year high above $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, although analysts warned of a "red flag" due to surging U.S. production. A production-cutting pact between the Organization of the Petroleum Exporting...

  • *Oil propped up by OPEC/ Russia- led production cuts. CALGARY, Alberta, Jan 15- Oil hovered near a three-year high above $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, although analysts warned of "red flags" due to surging U.S. production. A production-cutting pact between the Organization of the Petroleum Exporting...

  • *Oil propped up by OPEC/ Russia- led production cuts. LONDON, Jan 15- Oil hovered near a three-year high of $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, but analysts warned of "red flags" due to surging U.S. production. A production-cutting pact between the Organization of the Petroleum Exporting Countries, Russia and...

  • *Oil propped up by OPEC/ Russia- led production cuts. LONDON, Jan 15- Oil hovered below a three-year high near $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, but analysts warned of "red flags" due to surging U.S. production. A production-cutting pact between the Organization of the Petroleum Exporting Countries, Russia...

  • *Oil propped up by OPEC/ Russia- led production cuts. LONDON, Jan 15- Oil hovered below a three-year high near $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, but analysts warned of "red flags" due to surging U.S. production. A production-cutting pact between the Organization of the Petroleum Exporting Countries, Russia...

  • *Oil propped up by OPEC/ Russia- led production cuts. SINGAPORE, Jan 15- Oil prices held closely below December 2014 highs on Monday, supported by production cuts by OPEC and Russia, although the market was capped by a rise in U.S. and Canadian drilling activity that points to higher future output in North America. Brent crude oil futures rose to $70 a barrel on Monday,...

  • *Oil propped up by OPEC/ Russia- led production cuts. SINGAPORE, Jan 15- Brent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North America. Oil markets have been well supported by production cuts led by the...

  • The inflation outlook for 2018 remains in check

    Mark Haefele of UBS Wealth Management says "we don't see that dramatic rise in inflation" or a sharp gain in growth that will lead to a much steeper yield curve.

  • Watch labor costs in estimating US crude oil output gains for 2018

    Azlin Ahmad of Argus Media says that investments made in 2017 are driving U.S. output expectations this year, but labor costs deserve a look.

  • A pump jack and pipes at an oil field near Bakersfield, California.

    Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia.

  • SINGAPORE, Jan 15- Oil prices dipped on Monday as rising drilling activity in the United States pointed to higher future output, although output cuts led by OPEC and Russia as well as healthy demand kept crude near December 2014 highs reached last week. Brent crude futures, the international benchmark for oil prices, were at $69.72 per barrel at 0008 GMT, down 15...

  • Now watch the banks

    Jim Cramer laid out the stocks and events he'll be watching as earnings season kicks into high gear with the big banks' reports.

  • Cramer's game plan: JP Morgan set the benchmark. Now watch the banks

    Jim Cramer laid out the stocks and events he'll be watching as earnings season kicks into high gear with the big banks' reports.