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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 »

Oil falls as refineries cut operating rates

“Refiners in the U.S. are going into maintenance, which is going to reduce demand for crude.” expert says.  More »

Oil rises on possible Ukraine cease-fire

Oil for October delivery advanced $2.66, or 2.9 percent, to settle at $95.54 a barrel on the New York Mercantile Exchange.  More »

U.S. crude price at lowest level since January

Natural gas futures posted the biggest drop in six months.  More »

GDP report helps send crude price up

U.S. gross domestic product grew at a 4.2 percent annualized rate last quarter.  More »

Gasoline futures fall before Labor Day

West Texas Intermediate crude settled little changed.  More »

Crude climbs on strong economic reports

Oil for October delivery increased 51 cents to $93.86 a barrel.  More »
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