Category: Crude oil

Oil closes at a two-week low

Benchmark U.S. oil for July delivery fell 24 cents to $102.47 a barrel.  More »

ND governor calling for more pipelines

Gov. Jack Dalrymple is meeting with industry leaders later this month in Bismarck to push for more oil and gas pipelines in North Dakota.  More »

Big Oil on a spending spree in Alaska – for now

Energy company investments in Alaska could reverse declining oil production in the state, unless, they say, voters dismantle a new oil tax regime.  More »

Iraq says crude oil exports rise slightly in May

The oil exports averaged 2.582 million barrels a day last month, an increase from the 2.510 million barrels per day in April, ministry spokesman Assem Jihad said.  More »

Corn to be planted in anti-pipeline message

About four acres of Ponka red corn will be planted this weekend in a field near Neligh, Nebraska, to fill out an anti-pipeline message carved into the ground earlier this spring.  More »

Oil ends the week down 1.6 percent

But benchmark U.S. crude finished the month up nearly 3 percent.  More »

Feds launch oil export studies

The federal government’s top energy analysts have kicked off their examination of issues surrounding the nation’s crude export ban, releasing a paper that examines the limited opportunities for offloading the light, sweet oil increasingly flowing out of U.S. wells.  More »

Oil back above $103 ahead on supply drop

Internationally, prices were still supported by the crisis in eastern Ukraine.  More »

Report: Exporting US oil would be economic boon

A new report says the U.S. would benefit from lifting a nearly four-decade-old ban on exporting domestic crude oil.  More »

Oil drops on expected rise in U.S. supply

Crude for July delivery fell $1.39 to close at $102.72 a barrel.  More »

Laredo Energy gets $130M to up drilling

Laredo Energy has landed $130 million in private equity funding to cover its Texas drilling efforts, the Houston company said Wednesday.  More »

Oil higher above $104 on crises in Ukraine, Libya

The price of oil inched higher above $104 a barrel Wednesday as the conflicts in Ukraine and Libya posed renewed risks to crude supplies.  More »