Browse Other News Topics:
US Not Immune from Saudi Oil Export Disruption
(Wednesday, June 19, 2013) Despite growth in US tight oil production, a disruption of Saudi Arabian oil will still impact the United States.
Crude Oil Slightly Lower After Fed Statement, Inventory Data
(Wednesday, June 19, 2013) US crude futures settle slightly lower, as traders weigh the Federal Reserve's latest assessment of the US economy and data on US oil inventories.
Market Shift Uncouples Natural Gas from Oil
(Wednesday, June 19, 2013) Unlike oil, which is a globally traded commodity, natural gas is priced depending on location and the particular arrangement under which it is sold.
Egypt Shakes Up Management of State Energy Cos. to Tackle Fuel Shortage
(Tuesday, June 18, 2013) Egypt's Oil Minister Sherif Haddara on Monday reshuffled several officials at the top of state-owned companies in the energy sector in a bid to tackle the deepening fuel crisis that is gripping the country.
Nymex Crude Settles at Nine-Month High Ahead of Fed Move
(Tuesday, June 18, 2013) Crude-oil futures settles at a nine-month high, rallying in anticipation that the Federal Open Market Committee will keep stimulus efforts unchanged.
Crude-Oil Ends Near Flat as Traders Eye Mideast Risks
(Monday, June 17, 2013) US crude-oil futures settle slightly lower, holding close to 4-month highs, as traders gauge whether the involvement of world powers in the Syrian conflict will disrupt oil supplies.
China Vows Fresh Measures to Fight Air Pollution
(Friday, June 14, 2013) Beijing reportedly will also try to boost the supply of clean energy, such as natural gas.
Oil Jumps to Four-Month High as Concerns Over Syria Escalate
(Friday, June 14, 2013) Crude-oil futures settle at a four-month high, lifted by fears that US intervention in Syria will stoke further conflict in the oil-rich Middle East.
Nymex Crude Rallies to 3-Week High as Equities Climb
(Thursday, June 13, 2013) Crude-oil futures settle at a three-week high in a late-session rally, amid a rally in the equity market and encouraging data on the US economy.
Rising Refinery Capacity Could Pressure Oil Supply, IEA Says
(Wednesday, June 12, 2013) A rapid increase in the amount of oil processed by refineries means crude oil supply could struggle to meet demand in the coming months, the IEA said Wednesday.
Crude Rises as Inventory Data Calms Fears of Increasing Supplies
(Wednesday, June 12, 2013) Crude-oil futures edge higher after a weekly government report on US oil inventories calmed trader concerns about rising supplies.
Nymex Crude Edges Lower on Equities' Drop, OPEC Outlook
(Tuesday, June 11, 2013) Nymex crude edges lower as concerns grow over central banks cutting back stimulus measures and a lower OPEC forecast for global oil demand.
Canadian Utility Turns to Petcoke as Cheaper Alternative to Natural Gas
(Monday, June 10, 2013) In something resembling a bottle return program, Detroit's enormous petroleum coke pile, a byproduct of Canadian oil sands, is making its way back to Canada.
Nymex Crude Settles 26 Cents Lower at $95.77
(Monday, June 10, 2013) Crude-oil futures settle slightly lower as traders react to weekend data showing sluggish economic growth in China.
U.S. Agency Boosts Projections for Natural Gas in Global Shale Formations
(Monday, June 10, 2013) The U.S. government has raised its estimate for the amount of natural gas locked in shale formations around the world and says oil supplies in those formations are considerable as well.
Lawmaker Calls E.U.'s LIBOR Supervision Plan 'Intrusive'
(Friday, June 07, 2013) European Union plans to wrest from London the supervision of LIBOR and other benchmarks, such as those covering oil and commodities, are "intrusive" and likely to be changed, a top E.U. lawmaker said Thursday.
Nymex Crude Settles $1.27 Higher at $96.03/bbl
(Friday, June 07, 2013) Crude-oil futures settle higher as investors read into the better-than-expected May U.S. nonfarm payroll data as evidence of buoyant economic conditions.
OTC Plans to Offer Futures, Options in Oil, Natural Gas and Power Markets
(Friday, June 07, 2013) Energy and commodity broker OTC Global Holdings LP is preparing to start its own futures exchange, following similar moves by rival brokers amid concerns that new regulations will drive over-the-counter trading onto established platforms.
U.S. Crude Oil Flows Pushing Imports Aside
(Thursday, June 06, 2013) The reset button has been hit.
Nymex Crude-Oil Ends Higher as Dollar Falls
(Thursday, June 06, 2013) Crude-oil futures settle higher as the dollar tumbled and concerns grew about the strength of the US recovery ahead of Friday's jobs data.