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Crude bounces back on dollar’s decline

Oil for October delivery climbed 65 cents to end at $92.92 a barrel.  More »

Brent crude tumbles to two-year low

The European benchmark’s decline narrowed the premium to West Texas Intermediate oil.  More »

U.S. expands Russian sanctions

The U.S. expanded sanctions against Russia to include the country’s largest bank, OAO Sberbank, energy companies as well as five state-owned defense and technology companies.  More »

Oil price rebounds from 8-month low

Crude for October delivery rose $1.16, or 1.3 percent, to settle at $92.83 a barrel .  More »

Sanctions threaten Putin’s oil deals with Exxon Mobil, Shell

Russian President Vladimir Putin called Exxon Mobil “an old and reliable partner” during a ceremony last month marking the start of drilling at an offshore Arctic prospect.  More »

Crude settles below $92 a barrel

Crude inventories fell 972,000 barrels to 358.6 million last week, the Energy Information Administration said.  More »

OPEC cuts demand outlook by most in three years on shale

The change implies that OPEC’s 12 members would need to cut output by about 1.1 million barrels a day from the 30.3 million they produced in August.  More »

Brent crude narrows premium over West Texas benchmark

Brent for October settlement fell $1.04, or 1 percent, to $99.16 a barrel.  More »

Oil falls as China’s economy shows signs of slowing

Oil for October delivery fell 63 cents to settle at $92.66 a barrel on the New York Mercantile Exchange.  More »

Brent crude falls below $100 for first time in 14 months

Brent crude fell below $100 a barrel for the first time since June 2013 as a slowdown in imports into China reinforced signs of surplus supply. West Texas Intermediate dropped to the lowest in almost eight months.  More »

Oil falls on weaker U.S. jobs growth

Oil for October delivery slipped $1.16, or 1.2 percent, to close at $93.29 a barrel.  More »

Rigs in U.S. rose by 11 to 1,925, Baker Hughes says

The total energy rig count has almost doubled from five years ago as producers use horizontal drilling and hydraulic fracturing to draw record volumes of oil and gas out of shale formations from North Dakota to Texas.  More »
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