Tag: crude

Oil flat near $104 despite huge stock build

More concerns about that Russia’s response to the upheaval in the Ukraine cushioned the price drop.  More »

New Democratic senator finds identity as Obama energy critic

Sen. Heidi Heitkamp fashioned herself as an independent-minded candidate as she won an upset victory in 2012. And she has carried that ethos into her second year in office, emerging as perhaps the White House’s most consistent Democratic critic on energy policy.  More »

California to see surge in oil brought in by rail

Government regulators predict a surge in U.S. oil production will means a steep increase in the number of trains carrying it to California refineries.  More »

Oil slips on weak China trade data, US supply rise

The price of oil edged slightly lower from a five-week high Thursday after China reported weak monthly trade data and U.S. crude supplies rose substantially last week.  More »

Oil settles above $103 a barrel on Ukraine unrest

The price of oil edged up closer to $103 a barrel Wednesday amid unrest in eastern Ukraine, even as a report showed a large rise in U.S. crude stockpiles.  More »

Feds fine oil company for failing to report production

The federal government is fining an Artesia oil man more than $700,000 for failing to submit reports on production on its federal leases in New Mexico.  More »

‘Age of gas’ becomes a sideshow for US producers prizing oil

The “golden age of gas” that the International Energy Agency foresees as a result of the U.S. energy boom is hardly the future being embraced by industry executives.  More »

Gulf Coast drivers to get lowest pump prices as summer gasoline drops

U.S. motorists can expect to pay about $3.57 for a gallon of gasoline this summer, about the same as last year, government economists predicted Tuesday.  More »

Hedge funds buy crude as US gasoline pump prices jump

U.S. refineries are processing the most oil since January as plants come out of seasonal maintenance, squeezing crude stockpiles for the first time in 11 weeks.  More »

Alaska officials revise oil production estimates higher

Alaska’s Revenue Department is forecasting higher oil production than previously expected, though the overall, long-term trend is still one of decline.  More »

Oil up above $101 on renewed unrest in Ukraine

The price of oil climbed above $101 a barrel Tuesday, supported by renewed unrest in eastern Ukraine and as traders awaited weekly data on U.S. crude stockpiles.  More »

Oil rises on anticipation of improved jobs report

Benchmark U.S. crude gained 67 cents to close at $100.29 a barrel.  More »
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