crude oil prices

oil pipeline

Oil Demand Falls According to IEA

The International Energy Agency (IEA) reported in its September Oil Market Report that demand for crude will fall sharply for this year and the year ahead: The IEA Oil Market ...
Read Full Story »
Oil spill

EIA Lowers 2014 and 2015 Global Oil Demand Outlook

The U.S. Energy Information Administration (EIA) has released its International Energy Outlook for 2014, and the outlook is one of lower price expectations in oil in 2014 and 2015. While ...
Read Full Story »
Oil pumpjack

UBS Sees 4 Large-Cap Energy Stocks as Possible Acquisition Targets

For most of the past year, the price of oil stayed handily over the $100 mark. Recently, and much to the delight of motorists and consumers here at home, prices ...
Read Full Story »
George Soros talk in Malaysia

Soros Signals Argentina’s Shale Is Biggest Place to Be

By James Stafford of Oilprice.com One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production ...
Read Full Story »
478242459

States With the Highest Gas Prices

After remaining persistently high early in the summer, gasoline prices have tapered slightly in recent weeks. Drivers in some states, however, continue to feel the pinch at the pump. National ...
Read Full Story »
refilling the car

Gas Prices Drop Below $3.50 in 11 States

If analysts need any early signals that the drop in oil prices has begun to affect gasoline prices, it is the fall off in the cost of an average gallon ...
Read Full Story »
Fuel pump in fuel tank

Gas Prices Move Toward $4

Gasoline prices, which have been inching higher for months, now top $3.67 per gallon for regular, on average, nationwide. At some point, the rising price will batter consumer spending, although ...
Read Full Story »
Fuel pump in fuel tank

Gas Prices in California Rise Above $4 as Oil Prices Surge

As oil prices rise above $107, probably headed toward $110, the average price of a gallon of regular has topped $4 in California, and is moving rapidly in that direction ...
Read Full Story »
Oil Tanker

Oil Rise Could Push Gas to $4

The price of crude futures reached $107 on concerns about the unrest in Iraq. That is the highest it has been since September, and several analysts expect the price to ...
Read Full Story »
us army

What Civil War in Iraq Means for Defense Firms, and Oil

Iraq is getting out of control, and with no U.S. presence there, the terrorists or insurgents (or whatever you want to call them) are making serious headway to capture cities ...
Read Full Story »
crude oil prices

Short Sellers Change Oil and Gas Bets as Crude Oil Approaches $105

The short interest data from the May 30 settlement date is out, and we are witnessing some big changes in the bets against big oil companies. Even with some drops ...
Read Full Story »
refilling the car

Gas Prices Jump Toward $4 in Some Big States

Gasoline prices do not seem to be easing as many economists thought they would. As a matter of fact, throughout much of the country, prices continue to rise. This is ...
Read Full Story »
Fuel pump in fuel tank

Gas Prices Top $3.80 in Many Large States

Gasoline prices moved closer to $4 in several of America's largest states based on population. They hurdled above that number in California, where the average price of a gallon of ...
Read Full Story »
Lynchburg fire

CSX Train Derails and Catches Fire in Virginia

CSX Corp. (NYSE: CSX) has just found itself on the bad end of a potentially serious public relations event. Hopefully the only damage is non-bodily. A train that has been ...
Read Full Story »
153715598

Refinery Activity Could Thwart Rising Gas Prices

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 3.5 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »