Posts filtered on Tag


dollar falling graph

Brent oil falls on Iran oil expectations

Iran will probably start increasing exports by selling barrels it stockpiled on tankers in the Persian Gulf in anticipation of the deal.
(AP Photo/Bela Szandelszky)

Brent, West Texas crude keep dropping

Brent crude extended its biggest one-day collapse in three years amid speculation OPEC will refrain from eliminating a glut.
Yellow oil barrels

Oil stays above $104 on crises in Ukraine, Libya

The price of oil remained above $104 a barrel Tuesday as investors weighed how the conflicts in Ukraine and Libya were likely to affect crude supplies.
(Image: Fotolia)

Oil dips on China economic data

The price of oil dipped slightly on Monday as a report on manufacturing in China signaled that a recovery in the world’s No. 2 economy would continue to be uneven.
Johan Vold, managing director of the Oslo Energy Forum, speaks about opening the Arctic to oil and gas drilling during the Houston Shipping & Offshore Conference on Wednesday, Oct. 23, 2013. (Emily Pickrell/Houston Chronicle)

Melting Arctic easing access to fossil fuels

More direct northern sea routes may be opening up in the Arctic, as the melting of the ice has made previously unnavigable routes a growing possibility for large ships, including tankers carrying oil and gas, an expert said Wednesday at the Third Houston Shipping and Offshore Conference.
Solar panels have been installed on the rooftops and carports of the Falmouth Ice Arena. (Photo: Falmouth Ice Arena)

Solar-powered youth ice hockey rink: $6 million

Not all sports are created equal, and that means some of them need power. So a community in Massachusetts decided to build a solar-powered ice hockey rink for its youth hockey league, and an audience of up to 700 people. Cost: $6 million.
Categories: Solar
Tags: | |
(Victor Dubreuil)

ICE fines Goldman Sachs for ‘disorderly’ oil trading

The $40,000 penalty relates to price spikes on the April 2011 Brent-WTI crude spread in January. The moves were found to be the result of several large market orders placed in quick succession by a Goldman trader, the London-based exchange found.