Category: Crude oil

Researchers study string of Texas earthquakes

FORT WORTH — Researchers collecting seismic data hope it allows them to determine what role wastewater injection wells have played in a string of small earthquakes northwest of Fort Worth. The area in northeast Parker County, about 15 miles northwest of Fort Worth, has experienced more than 30 small earthquakes since November. Last month more […]  More »

Oil briefly tops $100 as demand for fuel rises

Benchmark U.S. crude gained $2.04 to close at $99.88 a barrel.  More »

Senators worried crude exports would send gas prices higher

Two powerful Senate Democrats want to know whether Americans will pay more at the pump if the government relaxes a decades-old ban on exporting U.S. crude.  More »

Crude oil slightly down ahead of US jobs report

The price of oil fell slightly Friday as market players readied for the release of a crucial U.S. jobs report.  More »

Oil gains on positive labor report

Natural gas prices were volatile again,  More »

Moniz declines to comment on oil exports

During a visit to San Antonio Thursday, Energy Secretary Ernest Moniz said President Barack Obama’s push for use of all energy sources — his “all of the above” energy policy — is the best solution to meet the nation’s power needs.  More »

Greenspan forecasts oil boom’s effect on US economy

Corporate executives have no way of knowing what the world will look like over the next four decades as long as U.S. political strife keeps kicking up a cloud of uncertainty over the economy, Greenspan says.  More »

Noble Energy earnings drop despite growing sales

Noble Energy Inc. said its fourth-quarter earnings fell 47 percent on higher exploration costs.  More »

Oil, natural gas extend gains on US winter storm

The prices of oil extended gains to near $98 a barrel on Thursday as a winter storm that slammed the U.S. raised expectations for higher energy demand and amid signs of weak supply growth.  More »

Shale-oil boom lifts Marathon’s quarterly earnings

Rising oil production in the Eagle Ford Shale pushed Marathon Oil’s profit up 16 percent in the fourth quarter as it utilized more efficient drilling techniques, the company reported Wednesday.  More »

Tesoro posts quarterly loss

Tesoro Corp. swung to a loss and widely missed analysts’ estimates in the fourth quarter of 2013 as a result of lower refining margins, higher stock-based pay and a loss related to the sale of a refinery  More »

Oil gains; natural gas soars, then falls back

Natural gas rocketed to a four-year high before plunging back near $5 per 1,000 cubic feet  More »