Oil prices rise though gasoline demand falters
West Texas Intermediate, which is used to price oil produced in the U.S., rose 52 cents to $107.07 a barrel. More »
Oil declines but pump prices keep rising
Nationwide, gasoline prices are 10 percent higher than a year ago — and at their highest level ever for the end of February. More »
GOP uses Keystone XL as rallying cry in gas price debate
Republicans such as Texas Sen. Kay Bailey Hutchison continued blaming President Obama for rising gasoline prices, seeking to suggest the administration’s rejection of a permit for the Keystone XL oil pipeline would worsen the problem. More »
Oil prices rising to near 2011 highs
On Friday benchmark West Texas Intermediate crude rose by $1.94 to end the week at $109.77 per barrel in New York. More »
Benchmark oil price hits a 9-month high, near $108
The ongoing tension between western nations and Iran is continuing to drive oil prices higher.
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How Predictive Indicators Fall Short When It Comes To Gasoline
As companies adopt increasingly sophisticated ways to reach customers or identify trends, they are getting super-sleuthishly good at coming up with predictive indicators. I’ve come across a couple of somewhat wacky ones in the last week, and I thought I would share them (especially as regular readers already know that quirky indicators are the way [...] More »
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 »
Oil price climbs on fear Iran may stop more oil
“People are just scared about Iran,” independent analyst and trader Stephen Schork said. More »
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.
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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 »
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 »
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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