Category: Crude oil

Iraq official says oil exports jump in February

Iraq’s daily oil exports surged to 2.8 million barrels per day in February, some half million barrels more than in the previous month.  More »

Oil ends month with 5 percent gain; pump price up

For all of February, oil gained $5.10 a barrel.  More »

A Turbulent Winter For Jet Fuel

2014 thus far has been more turbulent than usual for the US crude complex, as wickedly wintry weather has shaken up both supply and demand for the products like a snow globe (probably a bad turn of phrase). Just as gasoline demand has hit the brakes and heating oil demand has been simmering, the jet […]  More »

Oil and natural gas down slightly; pump prices up

Energy markets were relatively tame Wednesday, with both oil and natural gas showing small declines. Benchmark U.S. crude for April delivery slipped 19 cents to close at $102.40 a barrel on the New York Mercantile Exchange. Natural gas futures fell 3 cents to $4.51 per 1,000 cubic feet as weather forecasts indicate households won’t have […]  More »

Rail projects boosting oil flow to California refineries

California, the third-biggest refining state in the U.S., is about to see a flood of oil by rail from places such as Canada and North Dakota as suppliers seek to tap a market isolated from the rest of the country.  More »

Oil prices drop in Asia on demand expectations

Oil prices fell in Asia on Thursday as expectations for reduced demand due to warmer weather outweighed a smaller-than-expected increase in U.S. oil supplies.  More »

Oil gains as U.S. supplies rise less than expected

Crude for April delivery rose 76 cents to $102.59 a barrel.  More »

Canadian crude now moving through Keystone XL’s southern leg

The Keystone XL southern leg has delivered its first barrels of Canadian oil to the Texas coast, even though the project still lacks its planned northern leg into Canada, TransCanada’s CEO said in an interview.  More »

Where should a Young Professional in oil & gas apply to business school?

Today, I help a reader who has decided to make the leap to business school, but is apprehensive about where to apply.  More »

Oil prices rise as market awaits US inventory data

The price of oil edged above $102 a barrel Wednesday as investors tried to assess the strength of U.S. demand with the approach of warmer weather.  More »

Oil and natural gas fall on weather forecasts

Crude for April delivery dropped 99 cents to close at $101.83 a barrel.  More »

Oil falls to near $102 a barrel

The price of oil slipped Tuesday as expectations of a buildup in U.S. crude inventories dampened sentiment.  More »