Energy

European natural gas storage remains low heading into winter

Unlike in the United States, where natural gas inventories just before winter are above average, European storage levels at the end of October were significantly lower than normal for this time of year. FULL STORY »

High diesel demand and prices keep gasoline prices moving lower

Gross U.S. refinery inputs in October averaged 15.4 million bbl/d, 800,000 bbl/d below the average for June through September. FULL STORY »

Gasoline and diesel fuel prices fall

The U.S. average retail price of regular gasoline decreased seven cents to $3.29 per gallon as of October 28, 2013, 27 cents lower than last year at this time, and the lowest price since December 24, 2012. FULL STORY »

Oil rises above $110 on report of U.S.-Saudi rift

Brent crude oil rose above $110 per barrel on Tuesday, pulling its premium above U.S. light crude oil to its widest in six months, after reports of a deterioration in relations between the United States and key OPEC oil producer Saudi Arabia. FULL STORY »

Gasoline and diesel fuel prices continue to fall

The U.S. average retail price of regular gasoline decreased six cents to $3.37 per gallon as of October 7, 2013, 48 cents lower than last year at this time, and the third consecutive week where prices decreased in all regions of the nation. FULL STORY »

Oil gains on China data, dollar weakness supports

Crude oil gained on Thursday, heading towards $110 a barrel as strong data from China and dollar weakness offset fears about the economic impact of a U.S. government shutdown. FULL STORY »

Gasoline falls for a 4th week; diesel down the last three

The U.S. average retail price of regular gasoline decreased seven cents to $3.43 per gallon as of September 30, 2013, 38 cents lower than last year at this time, and the lowest price since January 28, 2013. FULL STORY »

Oil falls below $108 on signs of better supply

Brent crude oil slipped below $108 a barrel on Wednesday, extending five weeks of falls on signs of improving global supply. FULL STORY »

Brent falls below $108 on worries of U.S. shutdown

Brent crude oil fell more than $1 to below $108 a barrel on Monday, heading for its first monthly decline since May, as tensions over Iran eased and a potential U.S. government shutdown clouded the outlook for demand. FULL STORY »

Oil up on bargain hunting even as political risks ease

Oil prices rose on Thursday, despite easing political worries and an improving supply picture, as traders sought bargains after sharp losses earlier this month. FULL STORY »

Understanding the "change of the stock change"

While avid college football fans eagerly await the Tuesday morning update of team rankings, crude oil and petroleum product market watchers often focus on the Wednesday morning release of the U.S. Energy Information Administration's (EIA) Weekly Petroleum Status Report (WPSR). FULL STORY »

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