Energy

Oil edges up on strong China, Euro zone data

U.S. crude oil rose more than $1 on Thursday, while Brent crude rose less and its premium over U.S. crude narrowed by more than $1 in a lightly traded session. FULL STORY »

Oil falls, WTI leads decline as crude flows back to Cushing

Global oil prices slipped on Wednesday, with losses in U.S. crude widening the trans-Atlantic spread for a second day, amid signs that Libyan exports might resume and indications that oil was flowing into the depleted Cushing storage hub. FULL STORY »

EIA expects brent prices to decline through end of 2013

Petroleum analysts throughout the world also noticed recent increases in the price of Brent crude oil. FULL STORY »

Oil slips below $110 as supply worries ease

Brent crude oil fell below $110 a barrel on Wednesday on reports some Libyan oil exports might soon resume and on news the Seaway crude oil pipeline had shut, halting shipments from the U.S. Midwest to the Gulf Coast. FULL STORY »

Brent slips towards $109 on Fed policy concerns

Oil prices slipped towards $109 a barrel on Tuesday as investors took profits ahead of the latest Fed comments on the scaling back of its stimulus programme although unrest in Egypt and reduced Libyan oil product supply curtailed the losses. FULL STORY »

Oil above $110 on Libya, Egypt unrest

Brent crude oil steadied above $110 a barrel on Monday, consolidating recent gains, as the loss of Libyan oil exports tightened supply and unrest in Egypt stoked fears for exports from other oil producers in the Middle East and North Africa. FULL STORY »

Oil ends up for sixth straight session, Egypt supports

Oil futures on both sides of the Atlantic ended higher for the sixth straight session on Friday, with Brent oil posting the biggest weekly percentage gain in six weeks as turmoil in Egypt and Libya stoked worries about oil supply security. FULL STORY »

Oil reaches 4-month high as Middle East tensions flare

Brent crude prices rose to a 4-month high over $110 a barrel on Wednesday on concerns about supply disruptions in Libya and escalating violence in Egypt. FULL STORY »

New traffic patterns emerge to supply crude oil to West Coast

In many parts of the country, drivers frequently encounter road construction and a sign that says "New Traffic Patterns" as highway infrastructure shifts. New traffic patterns are emerging also in crude oil movements. FULL STORY »

Oil slips on U.S. stimulus outlook but supply worries support

Brent crude oil slipped towards $109 a barrel on Wednesday as investors speculated that the U.S. Federal Reserve would soon curb its commodity-friendly economic stimulus, but Middle East supply disruptions underpinned prices. FULL STORY »

Oil up for third session on supply problems in Libya, Iraq

Oil prices on both sides of the Atlantic rose for the third session in a row on Tuesday amid worries over supplies from OPEC nations Libya and Iraq. FULL STORY »

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