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The U.S. land-based oil rig count dropped by one this week but is contributing nothing to the week's price decline for crude oil.
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The U.S. natural gas stockpile rose slightly less than expected last week, but the effect on prices was still negative likely due to a more moderate weather forecast for the next week.
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The U.S. Energy Information Administration reported Wednesday that U.S. stockpiles of crude oil rose last week while gasoline and diesel fuel inventories declined. Crude production rose to more than...
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The national average for a gallon of regular gasoline fell for the third consecutive week and has reached a price last seen by U.S. drivers in April.
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The U.S. land-based oil rig count rose by two this week and the natural gas rig count dropped by one. Spot prices are lower again this week on both energy commodities.
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The U.S. Energy Information Administration reported an addition of 58 billion cubic feet to the country's stockpile of natural gas for the week ended last Friday. Commodity prices dipped slightly...
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The U.S. commercial crude oil inventory rose by 6.3 million barrels last, slightly less than the prior week's total. Refinery maintenance has lowered utilization to below 90% for the third straight...
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The national average price for a gallon of regular gas dropped by nearly 5 cents last week and nearly every state saw a decrease in pump prices for the period.
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A series of leaks from oil wells in the Gulf of Mexico would together create the largest oil spill in U.S. history.
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The number of land-based rigs drilling for oil in the United States rose by four this week. There are 154 more rigs working this year than at the same point last year.
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The U.S. natural gas stockpile rose by 81 billion cubic feet last week, slightly less than analysts had expected. The weather outlook for the coming week is for demand to remain high.
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U.S. crude oil inventories rose by much more than expected last week and have added to the decline that was already happening in crude oil prices.
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The U.S. national average pump price for a gallon of regular gas fell by more than 2.5 cents led by big declines in the Midwest.
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The number of land-based drilling rigs searching for oil in the U.S. this week increased by eight, the largest week-over-week rise in two months. Including natural gas and other rigs, the total U.S....
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The world's supply and demand of crude have reached record levels, accord to the IEA. But the new records do not come without some cost.
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