crude oil prices

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Crude Oil Price Rises on Falling Gasoline Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 2.1 million barrels last week, maintaining a total U.S. commercial ...
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4 Stocks to Buy That Win With a Strong Dollar and Low Oil Prices

Philosopher George Santayana wrote in 1905, “Those who cannot remember the past are condemned to repeat it.” Today a more appropriate quote may be “Those who remember the past, are ...
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Oil spill

5 Reasons Oil Is Not Rising

The old oil bull market, the one where oil went to $140 per barrel, now feels like ancient history. Oil prices have recently been challenging lows not seen since 2012. Continuously ...
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What OPEC Is Really Telling The IMF

The Secretary General for the Organization of the Petroleum Exporting Countries (OPEC), H.E. Abdalla Salem El-Badri, issued a statement to the International Monetary Fund (IMF) on Thursday. He touched on a ...
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Oil spill

The World’s 10 Biggest Energy Gluttons

By Andrew Topf of Oilprice.com Next time you get into your car and drive to the supermarket, think about how much energy you consume on an annual basis. It is ...
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Houston Ship Channel

5 Permian Basin Oil Stocks to Buy After Huge Oil Sell-Off

If any one area of the United States has become the poster child for the rebirth of the domestic oil production boom, it is probably the Permian Basin located in ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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