Energy http://www.porknetwork.com/pork-news/markets/energy RSS Feed for Energy en-us Wed, 19 Jun 2013 20:24:04 GMT Oil pressured by Bernanke comments, crude stocks up http://www.porknetwork.com/pork-news/markets/energy/Oil-pressured-by-Bernanke-comments-crude-stocks-up-212209631.html Oil prices were pressured on Wednesday after U.S. Federal Reserve Chairman Ben Bernanke said the Fed might reduce the amount of money it pumps into the economy later this year, while higher crude stocks in the United States also hurt prices. E85 consumption remains the same despite incentives http://www.porknetwork.com/pork-news/markets/energy/E85-consumption-remains-the-same-despite-incentives-212189731.html A continuation of favorable price relationships could result in an increase in E85 consumption and help fill part of the gap between the RFS mandate for renewable biofuels and the E10 blend wall in 2013 and 2014. Here we examine recent trends to determine if there is evidence that E85 consumption is actually increasing or likely to increase in the near future. Oil gains on lower U.S. stockpile, all eyes on Fed http://www.porknetwork.com/pork-news/markets/energy/Oil-gains-on-lower-US-stockpile-all-eyes-on-Fed-212125981.html Oil prices rose slightly on Wednesday following a drop in U.S. oil reserves, while investors looked to a meeting of the Federal Reserve later in the day for clues on the outlook for economic stimulus. Crude oil expected to peak and cost of electricity to go down http://www.porknetwork.com/pork-news/markets/energy/Crude-oil-expected-to-peak-and-cost-of-electricity-to-go-down-212038111.html After increasing to $119 per barrel in early February 2013, the Brent crude oil spot price fell to a low of $97 per barrel in mid-April and then recovered to an average of $103 per barrel in May. EIA expects that the Brent crude oil spot price will average $102 per barrel over the second half of 2013, and $100 per barrel in 2014. Brent slips from 11-week high ahead of Fed meeting http://www.porknetwork.com/pork-news/markets/energy/Brent-slips-from-11-week-high-ahead-of-Fed-meeting-211959471.html Brent crude futures eased towards $105 a barrel, falling from an 11-week high, as investors cautiously awaited guidance from the U.S. Federal Reserve on its economic stimulus plan. Brent crude oil dips before U.S. Fed meeting http://www.porknetwork.com/pork-news/markets/energy/Brent-crude-oil-dips-before-US-Fed-meeting-211871021.html Brent crude oil futures touched a 10-week high close to $107 a barrel on Monday as tensions in the Middle East rose, but prices finished slightly lower on the day after a late sell-off in U.S. gasoline futures. Oil above $106 as Syrian conflict intensifies http://www.porknetwork.com/pork-news/markets/energy/Oil-above-106-as-Syrian-conflict-intensifies-211806091.html Brent crude oil rose above $106 per barrel on Monday as a superpower standoff over the Syrian civil war intensified, raising the risk of conflict spilling into the Middle East oil producing region. Oil up on positive U.S. data; gasoline leads http://www.porknetwork.com/pork-news/markets/energy/Oil-up-on-positive-US-data-gasoline-leads-211454051.html Brent crude oil rose on Thursday, tracing gains in U.S. equities in late-session trading after U.S. data showed stronger-than-expected retail sales and a fall in jobless claims. Oil erases loss, above $103, as U.S. data helps http://www.porknetwork.com/pork-news/markets/energy/Oil-erases-loss-above-103-as-US-data-helps-211392271.html Oil reversed an earlier loss to trade above $103 a barrel on Thursday as a higher-than expected rise in U.S. retail sales and a fall in jobless claims boosted the economic outlook, although subdued global demand limited the rebound. Oil ends modestly higher, weak demand outlook weighs http://www.porknetwork.com/pork-news/markets/energy/Oil-ends-modestly-higher-weak-demand-outlook-weighs-211265541.html Crude oil prices ended modestly higher on Wednesday, but gains were capped by lower oil demand growth estimates and ample supplies.