Gas prices on the U.S. East Coast are expected to surge this week ahead of and during Hurricane Florence’s landfall, as residents have started to evacuate from the Carolinas and Continue Reading
Crude oil futures were stable to higher during mid-morning trade in Asia Wednesday after the American Petroleum Institute reported a larger-than-expected draw in US crude inventories and geopolitical tensions remained Continue Reading
The front-month ICE Brent/NYMEX futures spread crossed the $10/b mark at the Asian close on Tuesday for the first time since June, as the uncertainties surrounding the impact of US Continue Reading
The American Petroleum Institute (API) reported a major draw of 8.636 million barrels of United States crude oil inventories for the week ending September 7, compared to S&P Global Platts Continue Reading
As the Trump administration continues to grapple with Native American groups on Keystone XL, analysts are warning that oil prices could reach $100 per barrel after the Iran sanctions are Continue Reading
Crude oil futures were stable to higher during mid-morning trade in Asia Tuesday amid expectations that latest US crude stocks data will show a decline and participants monitored geopolitical tensions Continue Reading
The NYMEX October gas futures contract settled at $2.804/MMBtu Monday, up 2.80 cents despite a bearish weather forecast. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Continue Reading
Oil prices stayed steady through the summer months but could have some rocky days ahead as global inventories continue to fall and the trade standoff between the United States and Continue Reading
Last week, rioters burned down several buildings in Basra, a major city in Southern Iraq and home to most of the country’s oil production. Despite its oil riches, southern Iraq Continue Reading
Oil prices rose on Monday as U.S. drilling stalled and as investors anticipated lower supply once new U.S. sanctions against Iran’s crude exports kick in from November. Benchmark Brent crude Continue Reading
