Benchmark U.S. crude increased Monday by $2.21 to $105.23 per barrel in New York.
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Posted on April 2, 2012 at 6:49 am by Bloomberg in
Crude Oil Prices,
Oil
Iraq’s crude oil exports in March rose to the highest level since 1980, a year after former President Saddam Hussein came to power, an Oil Ministry spokesman said.
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Posted on April 2, 2012 at 6:43 am by Associated Press in
Crude Oil Prices,
Oil
Oil prices hovered near $103 a barrel Monday in Asia amid signs China’s economic growth remains strong.
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Analysts think pump prices will top $4 a gallon nationally within the next couple of weeks, perhaps sooner. Then they could start to fall.
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Posted on March 30, 2012 at 6:46 am by Associated Press in
Crude Oil Prices,
Oil
Oil prices dwelled near six-week lows Friday in Asia amid signs Western powers plan to release strategic crude reserves soon.
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Natural gas prices tumbled Thursday after a surprising jump in U.S. supplies.
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The Senate on Thursday failed to advance a measure that would repeal tax incentives for the nation’s biggest companies and use the money to pay for extending clean-energy tax credits.
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President Obama made a firm call Thursday for the Senate to approve a measure repealing some of the oil and gas industry’s tax incentives, just ahead of a high-profile vote in the upper chamber.
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Posted on March 29, 2012 at 6:37 am by Associated Press in
Crude Oil Prices,
Oil
Oil hovered above $105 a barrel today in Asia, capped by the possible release of crude reserves by Western nations.
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Benchmark U.S. crude fell by $1.92 to end at $105.41 per barrel in New York.
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Most Americans don’t credit President Obama with causing higher gasoline prices, but they do disapprove of how he’s responding to them, according to a new Reuters/Ipsos poll.
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Obama administration officials ripped into GOP proposals to tie Strategic Petroleum Reserve releases to increases in federal oil and gas land leases and require additional analyses of the economic impacts of several oil- and gasoline-related environmental regulations.
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