Tag: Crude oil

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 »

Neighbors bicker in Pa. over forced gas drilling

Houston-based Hilcorp seeks to use a 1961 Pennsylvania law to drill under the property of four holdout landowners in New Bedford, near the Ohio border an hour north of Pittsburgh. The concept, known as “forced pooling,” means that people who don’t sign leases get bundled in with those who do, to make drilling more efficient and compensate all the landowners.  More »

Oil up above $101 as US growth rate revised higher

Benchmark U.S. crude for May delivery rose $1.02 to close at $101.28 on the New York Mercantile Exchange. That is the highest closing price in three weeks. On Wednesday, oil jumped $1.07 to close at $100.26.  More »

Oil hovers above $100 despite higher supplies

The price of oil remained above $100 a barrel Thursday as traders held positions after a surge the day before despite a larger-than-expected increase in oil supplies.  More »

Oil up to near $100 ahead of US stockpiles report

The price of oil crept closer to $100 a barrel Wednesday as investors waited for details on the levels of U.S. crude stockpiles.  More »

Oil down as factory data, sanctions risk weighed

Oil prices edged slightly lower on Tuesday as soft factory data from China and the U.S. balanced the threat of sanctions against Russia following its annexation of the Crimean Peninsula.  More »

Oil near $99 after China manufacturing drops

The price of oil fell slightly Monday following a drop in China’s manufacturing.  More »

Oil prices gain on US economic outlook

The price of oil edged up Tuesday as strong U.S. factory output boosted the outlook for the world’s biggest economy.  More »

Oil prices slip

The price of oil slipped to near $103 a barrel on Wednesday as concerns over Russia’s military advance into Ukraine eased, but the situation remained tense overall.  More »

Hundreds propose places to protect from drilling

The North Dakota Industrial Commission received more than 500 comments from the public on a proposal for places deemed worthy of special protection from energy development.  More »

Rail projects boosting oil flow to California refineries

California, the third-biggest refining state in the U.S., is about to see a flood of oil by rail from places such as Canada and North Dakota as suppliers seek to tap a market isolated from the rest of the country.  More »

Oil prices drop in Asia on demand expectations

Oil prices fell in Asia on Thursday as expectations for reduced demand due to warmer weather outweighed a smaller-than-expected increase in U.S. oil supplies.  More »
Page 1 of 4212345...102030...Last »