Category: Crude oil

Want to improve your business acumen? Take some tips from Gordon Ramsay

Believe it or not, you can learn a lot from reality television.  More »

Oil rises on prospect of OPEC output cut

Oil for October delivery rose $1.96 to $94.88 a barrel.  More »

Crude bounces back on dollar’s decline

Oil for October delivery climbed 65 cents to end at $92.92 a barrel.  More »

Feds clear the way for $500 million Corpus Christi condensate splitter

The project will include a 100,000-barrel-per-day condensate splitter and a bulk petroleum terminal that can handle 500,000 barrels per day of the ultra light oil for export.  More »

McDermott completes its work on Chevron’s Jack and St. Malo offshore projects

Engineering and construction firm McDermott International announced Monday that it’s completed its portion of work on Chevron’s Jack and St. Malo project in the Gulf of Mexico.  More »

Oklahoma oil hub getting bigger with new pipelines

New pipeline projects are expanding the size of an Oklahoma crude oil hub that is already one of the most important oil storage facilities in the world.  More »

Q&A: Accenture’s shale expert Melissa Stark on unconventional plays worldwide

Melissa Stark, managing director of Accenture’s New Energy Business, is the consulting firm’s expert on shale development. The firm recently published an update on the outlook for unconventional plays in nine countries. Stark, who’s worked in the United Kingdom for 20 years, spoke with the Chronicle recently about what’s on the horizon for shale and tight oil and gas worldwide.  More »

Brent crude tumbles to two-year low

The European benchmark’s decline narrowed the premium to West Texas Intermediate oil.  More »

It’s Good to be Bad

Not meaning to be villainous – like my British counterparts in the Jaguar commercial - but it would seem that sometimes ‘it’s good to be bad‘. And here are some immediate examples across commodityland™. The first topic we are going to look at in dastardly detail is retail gasoline prices. Prices generally peak in the first half […]  More »

Oil price rebounds from 8-month low

Crude for October delivery rose $1.16, or 1.3 percent, to settle at $92.83 a barrel .  More »

Gas price fears factor into oil export debate

A new survey ordered up by refiners fighting to preserve the oil export ban suggests voters are wary of selling crude overseas while the United States still relies on foreign supplies and as gasoline prices hang in the balance.  More »

Crude settles below $92 a barrel

Crude inventories fell 972,000 barrels to 358.6 million last week, the Energy Information Administration said.  More »