Quebec police have finished and filed with authorities their investigation into the Lac-Megantic train disaster that killed 47 people and prompted backlash against the growing practice of transporting crude oil by rail. More »
The price of oil fell slightly Monday following a drop in China’s manufacturing. More »
The price of oil extended losses Friday as seasonal maintenance of refineries crimps U.S. demand and a stronger dollar makes the commodity more expensive. More »
Natural gas lost 12 cents to $4.37 per 1,000 cubic feet.
Benchmark U.S. crude for April delivery gained $1.62 to $99.70. More »
Expanding U.S. oil supplies and production spurred hedge funds and other speculators to cut record bets on rising West Texas Intermediate crude prices. More »
The price of oil edged up Tuesday as strong U.S. factory output boosted the outlook for the world’s biggest economy. More »
The group’s founding members are all independent refiners: Dallas-based Alon USA Energy Inc.; Parsipanny, N.J.,-based PBF Energy, Delta Air Lines subsidiary Monroe Energy, based in Trainer, Pa.; and Philadelphia Energy Services.
Oil prices were slightly lower Monday after Crimea’s vote to split from Ukraine and join Russia.
Exxon Mobil has edged another step closer to undertaking oil shale research-and-development projects with the Bureau of Land Management’s approval of development plans. More »
The isolated wetland smelled like a garage when a reporter from The Associated Press visited last week, and the charred skeletons of burned trees rose out of water covered with an iridescent sheen and swirling, weathered oil. More »
Crude still finished the week down more than 3 percent. More »