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Category: Crude Oil Prices

Big supplies help push crude prices down again

Oil fell for a sixth day after crude stockpiles increased in the U.S., the world’s largest consumer of the commodity.  More »
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Oil prices fall again, settle near $97 a barrel

The price of oil extended a weeklong decline, as signs of global economic weakness raised concerns about energy demand.  More »

Oil a ‘little bit high,’ Saudi Arabia’s Al-Naimi says

Saudi Arabia is storing as much as 80 million barrels of crude to boost supplies amid international prices that are “still a little bit high,” according to the country’s oil minister Ali al-Naimi.  More »

Oil price drops to lowest point of 2012

The price declined after voters in France and Greece rejected incumbent leaders who supported austerity measures to fix the region’s struggling economy.  More »

Oil drops below $100 first time since February

Oil fell $4.05 to $98.49, after a weak U.S. jobs report offered the latest evidence that the global economy is weakening.  More »

Oil hovers below $105 in light May Day trading

Oil prices hovered below $105 a barrel today in Asia for a second day amid light trading volume because of the May Day holiday.  More »

Natural gas prices up 5 percent on production report

Chesapeake Energy Corp., ConocoPhillips and Encana Corp. have each said that they would take some natural gas operations offline this year.  More »

Oil drops to near $104 on global growth concerns

Oil prices fell toward $104 a barrel today on expectations that slowing economic growth in the U.S. and China and ongoing debt problems in Europe will undermine demand for crude.  More »

Natural gas prices rise, benchmark oil up slightly

Natural gas rose 6 cents to finish at $2.186 per 1,000 cubic feet in Friday trading. That’s up nearly 15 percent from April 19.  More »

Where will the price of crude oil and natural gas be in 5 years?

Of late, oil prices have been high while natural gas prices are low. Politics and economic changes across the world can quickly move oil up or down. Natural gas prices have been driven down by a glut of supply in the U.S.  More »

Oil rises but U.S. pump prices declining

Missouri drivers enjoyed the lowest average price in the U.S., at $3.56 per gallon.  More »

Where Commodities And CSI Miami Meet

Worlds collide this week as I have been distracted by the combo of CSI Miami and relative value … leaving us to delve into the world of ratios and Horatio. So, let’s take a look at some aspects currently present in Energyville™, kick-started by terminology used in the world of Horatio Caine. 1) BALLISTICS This relates to the [...]  More »