CNBCOil will hit bottom soon: AnalystCNBCChad Mabry, of the energy and natural resources research department of MLV & Co., said in an interview with CNBC's "Squawk on the Street" on Monday that he expects oil to rise back to about $70 per …

CNBCUS agency gives quiet nod to light oil exports: SourcesCNBCThe main U.S. export authority is telling some oil companies that they should consider exporting a lightly processed form of crude oil called condensate without formal permission, according to …