ThinkstockSince early March, Brent crude oil prices have fallen more than 13%, and conventional unleaded gasoline has come down 16% since early February. This could be just the beginning of sharply lower…
ThinkstockBrazil is the world’s largest producer of ethanol, which the country’s producers make from sugar cane stalks. The bad news is that lower petroleum prices have cut demand for ethanol and nearly…
ThinkstockThe Brent pipeline system has been shut down for the second time this year, following the discovery of a leak at one of its platforms. The platform, called Cormorant Alpha, was shut…
courtesy of AOL, IncIndia increases government spending and raises taxes on the wealthy as a means to improve growth. (Reuters) Groupon Inc. (NASDAQ: GRPN) shares are pounded after a poor forecast. (Reuters)…
ThinkstockLate yesterday, Royal Dutch Shell PLC (NYSE: RDS-A) said that it plans to “reassess the development plan” for its joint venture with the U.K. division of Exxon Mobil Corp. (NYSE: XOM) for…
ThinkstockTwo of the world’s largest oil amd gas companies have reported earnings in the past 12 hours or so, and two more will report before markets open tomorrow morning. Royal Dutch Shell…
ThinkstockSpot market prices for liquefied natural gas (LNG) have reached $18 per million BTUs and could go higher this year as supplies of the fuel appear to be softer than many traders…
courtesy of Facebook Inc.The World Bank cuts its outlook for 2013. (Reuters) Facebook Inc. (NASDAQ: FB) releases a search feature to be used among members, and Wall St. is unimpressed, sending shares…
ThinkstockAfter markets closed on Friday, Canadian Prime Minister Stephen Harper announced that the government had approved both the $15.1 billion sale of Nexen Inc. (NYSE: NXY) to China’s Cnooc Ltd. (NYSE: CEO)…
thinkstockAnglo-Dutch oil supermajor Royal Dutch Shell plc (NYSE: RDS-A) said today that it plans to invest more than $20 billion by 2015 in the company’s Integrated Gas business. The company claims to…
Paul Ausick In a research note to customers, long-time oil bull Goldman Sachs now says that Brent crude prices will tumble to $105 a barrel by the end of next year and could be…
Anglo-Dutch oil supermajor Royal Dutch Shell PLC (NYSE: RDS-A) (NYSE: RDS-B) is seeking permission from the U.S. Department of Commerce to export U.S.-produced crude oil. Under current law, such exports are prohibited…
Petroleo Brasileiro SAThe CEO of Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, says the company is “very near to closing a deal” for the sale of some $6 billion worth of assets…
A group called the International Organization of Securities Commissions (IOSCO), composed of representatives from national financial regulators, had proposed changing the way commodities benchmarks, including the price of Brent crude oil, are…
Paul Ausick It was just one week ago today that Royal Dutch Shell PLC (NYSE: RDS-A) (NYSE: RDS-B) began drilling a well in the Chukchi Sea off the north coast of Alaska. The company…
Paul Ausick 
