Category: Crude oil

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 »

McClendon collects $680M to buy shale acreage in Oklahoma

Aubrey McClendon’s new oil and gas venture wants to buy a sizable chunk of oil land in northern Oklahoma to supplement its large position in Ohio.  More »

Oil rises, but natural gas sinks in volatile trade

Natural gas futures one point neared $6.50 per 1,000 cubic feet before dropping to to $5.45.  More »

Oil edges down but underpinned by US cold weather

The price of oil eased toward $102 a barrel Monday, taking a pause in a six-week rally that has been supported by U.S. demand for heating oil amid prolonged cold weather.  More »

Exxon boosts crude oil portion of reserves

Exxon Mobil Corp. increased the proportion of its reserves made up of oil to the highest in a decade as shale-drilling expertise acquired in the $35 billion XTO Energy deal was mobilized to find crude.  More »

Crude oil remains above $102

Oil is up 2 percent for the week.  More »

Crude oil steady as US cold underpins demand

The price of oil was little changed Friday, underpinned by demand stemming from arctic weather in the U.S.  More »