Category: Crude oil

Crude displacing other commodities on trains, critics charge

The industry’s critics charge that their shipments are taking a back seat to crude oil.  More »

Oil slips on weak China trade data, US supply rise

The price of oil edged slightly lower from a five-week high Thursday after China reported weak monthly trade data and U.S. crude supplies rose substantially last week.  More »

Peaks and Troughs Across the Energy Landscape

As we charge through April and head first into the joys of spring, we are filled with reminders of rebirth, rejuvenation, renewal, and regrowth. Well, we are supposed to be…but instead I just see examples of peaks and troughs. Hark, here are four such specimens. First up, peak gasoline prices. It is a seasonal thing for […]  More »

Oil settles above $103 a barrel on Ukraine unrest

The price of oil edged up closer to $103 a barrel Wednesday amid unrest in eastern Ukraine, even as a report showed a large rise in U.S. crude stockpiles.  More »

‘Age of gas’ becomes a sideshow for US producers prizing oil

The “golden age of gas” that the International Energy Agency foresees as a result of the U.S. energy boom is hardly the future being embraced by industry executives.  More »

Valero can send oil back to Canada

San Antonio’s Valero Energy has received federal permission to send oil from Canada back to a refinery there.  More »

Hedge funds buy crude as US gasoline pump prices jump

U.S. refineries are processing the most oil since January as plants come out of seasonal maintenance, squeezing crude stockpiles for the first time in 11 weeks.  More »

Oil up above $101 on renewed unrest in Ukraine

The price of oil climbed above $101 a barrel Tuesday, supported by renewed unrest in eastern Ukraine and as traders awaited weekly data on U.S. crude stockpiles.  More »

Oil prices slip below $101 after Libyan deal

Oil prices fell below $101 a barrel Monday following reports that four Libyan oil terminals under militia control could soon open and possibly boost global supplies.  More »

US oil exports boil down to industry profit

When Big Oil began preparing last year to challenge the decades-old rules against exporting U.S. crude, the debate seemed fanciful.  More »

Oil prices rise on U.S. jobs report

Benchmark U.S. crude rose 85 cents to close at $101.14 a barrel.  More »

Hundreds of activists rally at heated hearing on oil pipeline

Public debate grew heated Thursday about Enbridge Energy’s plan to nearly double the capacity of its Alberta Clipper pipeline across northern Minnesota.  More »
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