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Oil hovers around $70 in volatile trading
CNBC's Pippa Stevens joins ‘Power Lunch' to report on the oil market.

Oil futures settle lower, with U.S. prices back below $70 a barrel
Oil prices settled lower on Thursday, with U.S. benchmark prices falling back below $70 a barrel just a day after topping that level for the first time in a week. “The banks are the main driver of oil, and really all risk assets today, as fading confidence in the financial system is reigniting fears that another crisis may be looming after we saw some of the biggest bank failures since 2008 in early March,” said Tyler Richey, co-editor at Sevens Report Research.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Pull Back From Session Highs Amid Profit-Taking
Oil traders are taking some profits off the table after the strong rebound.

Crude Oil Price Forecast – Crude Oil Markets Rally Again on Thursday
Crude oil markets have rallied again during the day on Thursday as we continue to see a bit of a recovery after a massive selloff.

Fat Profits Of Exxon, Chevron & Co. To Get Fatter? Oil 'Big Winner' Thanks To China's Reopening
Oil rallied through the first half of 2022 and peaked at $123.68 on June 14. The commodity trimmed its gain in the second half but ended the year with roughly a 7% gain as opposed to the losses experienced by most other asset classes.

There's more oil than people think, and demand is significantly weaker: Citi's Ed Morse
Ed Morse, Citi global head of commodities research and managing director, joins 'Squawk Box' to discuss if Morse ties the move in oil to the Federal Reserve, why a bump in global oil demand hasn't driven prices higher, and more.

Oil futures lower after Fed rate hike
Oil futures were lower Thursday, losing ground a day after the Federal Reserve delivered another quarter-point interest rate hike.

Crude Oil Prices Rise on Fed's Pause in Rate Hikes
Oil prices surge due to Fed's rate hike pause, pushing U.S. benchmark to highest close since March 14.

Oil futures end higher as Fed ‘softens' language around future rate hikes rates
Oil prices settled with a gain on Wednesday, shortly after the Federal Reserve announced its decision to boost its benchmark fed funds rate by a quarter of one percentage point. Oil prices and equities rallied in the minutes following the Fed announcement, as the central bank's “language around future rate hikes softened, which supports the outlook for risk assets,” said Troy Vincent, senior market analyst at DTN.

Natural Gas, WTI Oil, Brent Oil – Oil Gains More Ground After EIA Report
The significant decline in gasoline inventories provided material support to oil markets.