Energy
Weather report: Northern Texas recovering after tornado outbreak
In the West, temperatures are making the transition to below-normal levels in the northern Rockies, northern Great Basin, and Pacific Coast States. On the Plains, parts of northeastern Texas are in recovery mode, following yesterday’s tornado outbreak—the nation’s deadliest in more than a year. In the Corn Belt, warm weather continues to promote an acceleration of fieldwork. In the South, widely scattered showers are causing only minor fieldwork delays.
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Oil gains $1 on U.S. equity rally
Brent crude oil prices rose by more than $1 on Wednesday, reversing early losses to settle above $103 a barrel and increasing its premium over U.S. crude to the largest in 13 sessions.
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Oil slips towards $102 as euro zone recession deepens
Oil slipped towards $102 a barrel on Wednesday after data showed the euro zone's recession extended to the longest on record, while a stronger U.S. dollar and ample supplies put additional pressure on on the price.
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Brent oil prices fall in light trading
Brent crude oil prices fell on Tuesday after a global energy watchdog described world supplies as "comfortable" and analysts forecast a continued build in the U.S. crude inventory, while gasoline rose 1 percent on expected inventory draws ahead of the summer driving season.
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Oil slips below $103 as IEA sees supply growing
Brent crude oil fell below $103 per barrel on Tuesday, depressed by worries over the prospects for global economic growth and demand after a bearish report from the West's energy watchdog.
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Oil falls to $103 on weak China demand
Crude prices fell to $103 a barrel on Monday weighed by a stronger dollar and a drop to an eight-month low in oil demand in the world's second-largest consumer China.
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Oil pares losses on weakening dollar, refinery boost
Brent and U.S. crude oil ended slightly down on Friday, after trading sharply lower for much of the session, rebounding as the U.S. dollar weakened and on late news reports that more oil would flow through BP Plc's Whiting, Indiana, refinery.
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Brent falls below $103, rising supply weighs
Brent crude oil tumbled below $103 a barrel on Friday as rising supplies and doubts over China's economy outweighed stronger signs of a U.S. recovery.
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Brent oil closes higher after late gains
Brent crude edged up in volatilite trade on Thursday, and U.S. crude settled slightly down, as investors weighed Middle East tensions against weak demand and high inventories.
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Natural gas outlook: Spot and futures prices post declines
Both spot and futures prices posted declines this report week. The Henry Hub spot price decreased from $4.30 per million British thermal units (MMBtu) last Wednesday to $3.86 per MMBtu yesterday.
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Mexico-U.S. petroleum trade
Mexico is a net exporter of oil by the broadest measure that encompasses both crude oil and petroleum products.
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- Oil falls as Fed minutes send U.S. equities down
- Ag markets diverged widely Wednesday afternoon
- Cold Storage: Frozen pork supplies up from March
- Tyson sends disaster-assistance truck to Oklahoma
- University workshops address workforce management issues
- Mexico says U.S. not respecting WTO ruling on meat labeling
