Crude oil futures were lower during mid-morning trade in Asia Thursday amid bearish data released on US crude inventory by the American Petroleum Institute while sanctions on Venezuela’s oil sector Continue Reading
Oil prices declined on Thursday on lingering concerns that slowing global economic growth may limit fuel demand and after a surprise build in U.S. crude inventories. International Brent crude oil Continue Reading
The American Petroleum Institute (API) reported a large surprise crude oil inventory build of 6.55 million barrels for the week ending Jan 18, compared to analyst expectations that we would Continue Reading
Oil prices slipped on Wednesday as the European Union seeks to circumvent U.S. trade sanctions against Iran, and on weaker U.S. gasoline prices. Brent futures fell 36 cents, or 0.6 Continue Reading
Last year, oil prices rallied all the way up to a four year high before plunging more than $30. There were many factors at play during that volatile period, most Continue Reading
Oil prices rose almost 1 percent on Wednesday on hopes that Japan and China would take fiscal stimulus measures to stem an economic slowdown which has weighed on financial markets. Continue Reading
Oil prices fell 3 percent on Tuesday over concerns the world’s stumbling economy could pinch fuel demand as U.S. crude output climbs to new heights and cuts by Saudi Arabia Continue Reading
The EIA expects renewable energy to be the fastest source of growing electricity generation for at least the next two years. – Utility-scale solar will expand by 10 percent in Continue Reading
Intercontinental Exchange has two new delivery points in the Houston area, a move giving further options for WTI Midland crude exports from the US Gulf Coast, ICE said Tuesday. Receive Continue Reading
The national gas price average may have held flat on the week at $2.25, but just a three cent drop would bring the U.S. average to the lowest since December Continue Reading
