Brent crude, a benchmark for foreign oil imported by U.S. refineries to make gasoline, added $1.24 to end the day at $122.90 per barrel in London.
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Posted on February 21, 2012 at 3:29 pm by Associated Press in
Crude Oil Prices,
Oil | 157
|
“People are just scared about Iran,” independent analyst and trader Stephen Schork said.
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Posted on February 20, 2012 at 3:58 pm by Associated Press in
Crude Oil Prices,
Oil | 1,268
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Tehran also is considering extending the embargo to other European countries, a semiofficial Iranian news agency reported Monday.
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Posted on February 20, 2012 at 11:09 am by Associated Press in
Crude Oil Prices,
Middle East,
Oil | 155
|
Tehran is considering extending an oil embargo on France and Britain to other European countries, a semiofficial Iranian news agency reported Monday.
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This post was written by Keily Miller, Research Associate at the Baker Institute Energy Forum. Saudi Oil Minister Ali Al-Naimi’s statement in mid-January that $100 constitutes a “fair” price for a barrel of crude appears to have been met with uncharacteristic agreement across OPEC member states. In an interview with Austrian newspaper Kurier at the [...]
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Benchmark U.S. crude rose 93 cents on Friday to end the week at $103.24 per barrel in New York.
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Posted on February 17, 2012 at 4:35 am by Bloomberg in
Crude Oil Prices,
Oil | 40
|
Oil rose for a third day as signs of an improving U.S. economy and progress on a bailout for Greece bolstered the outlook for fuel demand.
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West Texas Intermediate oil is up 21 percent from a year ago.
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Posted on February 16, 2012 at 11:14 am by Simone Sebastian in
Crude Oil Prices,
Earnings | 159
|
Apache’s earnings grew 75 percent in the fourth quarter, benefiting from higher oil prices and boosted fossil fuel production, the company reported Thursday.
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Posted on February 16, 2012 at 3:00 am by Associated Press in
Crude Oil Prices,
Oil | 10
|
Oil hovered below $102 a barrel Thursday in Asia amid conflicting reports about whether Iran is cutting crude exports to Europe.
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Speaking at a conference has a number of benefits; it makes you research the pants off the topic you are speaking about, you get to meet random yet fascinating people, and you get to hear about topics that are not necessarily directly relevant, but interesting. So reviewing my notes from last week’s AMM conference I thought it would be useful to share some of the random facts I was presented [...]
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Stopping Iranian shipments means European refineries will have to find new sources of oil sooner than they expected.
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