Category: Crude oil

One reader asks: new job or graduate school?

A reader from Thailand wants some advice on whether to carry on their current path, or indeed make a leap not only to higher education, but also an entirely different country.  More »

Oil falls on expected rise in U.S. crude supplies

Oil has fallen 4 percent so far in October.  More »

ConocoPhillips projects start to ramp up oil production in North Sea

Oil began flowing from the first well in ConocoPhillips’ newest Norwegian offshore development project late last week, the first trickle of a four-year effort to expand production in the region, the company said Monday.  More »

More oil trains expected in Washington under proposals

Hundreds of trains carrying crude oil could soon be chugging across the Northwest, bringing potential jobs and revenues but raising concerns about oil spills, increased train and vessel traffic and other issues.  More »

Algeria announces major oil discovery

Algeria’s energy minister said the state oil company, Sonatrach, will rely on unconventional techniques to extract 50 percent of the reserves, including hydraulic fracturing, also known as fracking.  More »

Oil posts gain, but still finishes week with loss

Oil ended the week down $2.96 a barrel, or 2.9 percent, largely due to concerns among traders that the market is oversupplied.  More »

Oil’s $5 trillion Permian boom threatened by $70 crude

Bryan Sheffield, a third-generation oil wildcatter in Texas’ Permian Basin, knows what he’ll do if crude drops to $80 a barrel: shut down half his drilling rigs.  More »

Oil above $97 after first gain this week

Oil did get a lift from a survey that showed China’s manufacturing rose to a seven-month high.  More »

Oil falls below $97 on ample supplies

The price has fallen 5 percent over the last week to its lowest level since late June.  More »

Oil prices could drop as drivers demand more fuel efficiency, researcher says

Despite the nation’s shale gusher, domestic demand for oil has remained flat during the past decade. But unlike most periods of stagnant demand, a weakened economy isn’t the only culprit.  More »

Oil price at its lowest level since June

Benchmark U.S. crude for November delivery dropped $1.42 to close at $97.80.  More »

Oil settles below $100 for 1st time since July

Benchmark crude fell $1.59 to close at $99.22 a barrel.  More »