Category: Crude Oil Prices

Oil prices rise on continued concern about Iran

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.  More »
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Oil price climbs on fear Iran may stop more oil

“People are just scared about Iran,” independent analyst and trader Stephen Schork said.  More »
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Oil jumps to 9-month high after Iran cuts supply

Tehran also is considering extending the embargo to other European countries, a semiofficial Iranian news agency reported Monday.  More »
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Iran says may cut oil to more European countries

Tehran is considering extending an oil embargo on France and Britain to other European countries, a semiofficial Iranian news agency reported Monday.  More »
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The Cost of $100 Crude

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 [...]  More »
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Crude oil settles at its highest level of 2012

Benchmark U.S. crude rose 93 cents on Friday to end the week at $103.24 per barrel in New York.  More »
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Oil trades near six-week high

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.  More »
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Oil continues its rise, threatening U.S. growth

West Texas Intermediate oil is up 21 percent from a year ago.  More »
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Apache profits surge on high oil prices

Apache’s earnings grew 75 percent in the fourth quarter, benefiting from higher oil prices and boosted fossil fuel production, the company reported Thursday.  More »
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Oil hovers below $102 as Iran tensions bubble

Oil hovered below $102 a barrel Thursday in Asia amid conflicting reports about whether Iran is cutting crude exports to Europe.  More »
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Something Borrowed, Something Knew

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 [...]  More »
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Oil prices climb as Iran stops some Europe exports

Stopping Iranian shipments means European refineries will have to find new sources of oil sooner than they expected.  More »
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