Category: Crude oil

Oil rises on solid gain in U.S. hiring

But crude ended the week with a loss of 1 cent.  More »

Is shale running short on ‘PowerBars’?

North America may be in the midst of an energy renaissance, but that could be slowed or derailed by several limitations, including nature.  More »

Oil up slightly; natural gas jumps

Natural gas gained 14 cents to $4.66 per 1,000 cubic feet.  More »

Feds detail tests for crude moved by rail

Federal regulators offered more details on testing requirements for oil transported by rail on Thursday and warned companies against skirting the rules after a spate of explosions caused by crude train derailments in the U.S. and Canada.  More »

Energy chief: Industry arguments for exporting US oil are unconvincing

The oil industry hasn’t made a convincing case that the U.S. should lift its 39-year-old ban on exporting American crude, Energy Secretary Ernest Moniz said Wednesday.  More »

More megaprojects mean growing delays

As the oil and gas industry build a growing number of multi-billion dollar “megaprojects” each year, they face another trend: a growing number of delays.  More »

Oil down as Ukraine fears ease, U.S. supplies rise

U.S. crude for April delivery dropped $1.88 to close at $101.45 a barrel.  More »

Oil prices slip

The price of oil slipped to near $103 a barrel on Wednesday as concerns over Russia’s military advance into Ukraine eased, but the situation remained tense overall.  More »

Oil exec: Decades of life left in Bakken Shale

Continental Resources President Rick Bott is bullish on the Bakken Formation and pushing back against critics who say the U.S. shale oil revolution will be short lived.  More »

Energy projects struggling to find investors as costs rise

Soaring costs across the oil and gas industry are threatening to price out emerging markets competing to attract capital, the head of the International Finance Corp. warned Tuesday.  More »

Oil drops as Putin comments cool Ukraine tension

U.S. crude for April delivery fell $1.59 to $103.33 a barrel.  More »

Don’t expect international shale boom quite yet, experts say

While tight oil plays in the U.S. are booming, reproducing that success abroad could be challenging for American companies, energy executives and analysts said Tuesday.  More »