Energy

Oil flat as Brent supply cut offsets economic worry

Oil prices were flat on Monday as the shutdown of a pipeline cut supplies of UK Brent oil and offset concerns about the U.S. and Chinese economies. FULL STORY »

Brent crude oil erases 2013 gains, slips on US budget cuts

Brent crude prices fell to a six-week low below $110 per barrel on Friday, erasing all gains so far in 2013 as political gridlock in Washington was set to trigger automatic U.S. budget cuts. FULL STORY »

Oil falls below $110 on global growth worries

Crude oil slipped to a six-week low below $110 per barrel on Friday, weighed down by growth worries as political gridlock brought the prospect of massive U.S. government spending cuts and on disappointing European industrial data. FULL STORY »

Brent crude oil hits six-week low, down $8 in two weeks

Brent crude fell to a six-week low near $111 a barrel on Thursday, capping a month-end sell-off that has seen prices fall by almost $8 in two weeks as concerns have resurfaced about the global economy and the strength of demand. FULL STORY »

Natural gas generation rises 21 percent

Natural gas prices were up modestly for most points outside the Northeast for the report week. FULL STORY »

Oil rises above $112 on central bank comments

Brent crude oil rose above $112 a barrel on Thursday on renewed confidence that major central banks will keep taking steps to support the global economy. FULL STORY »

Gasoline and diesel fuel prices up again

The U.S. average retail price of regular gasoline increased four cents to $3.78 per gallon, up six cents from last year at this time. FULL STORY »

Brent falls near month-low under $112

Brent crude oil prices fell to a four-week low beneath $112 a barrel on Wednesday as the sixth straight weekly rise in U.S. crude oil stockpiles and a sharp slide in gasoline prices added to concerns about faltering demand. FULL STORY »

Oil rises from one-month low as Iran talks end

Oil traded near $113 a barrel on Wednesday, edging up from a one-month low, as world powers ended two days of talks with Iran over its nuclear work with no sign of a breakthrough. FULL STORY »

Brent crude oil drops under $113 on Italian vote fears

Brent crude oil fell to a one-month low - under $113 a barrel - on Tuesday as inconclusive Italian election results revived investor concerns about instability in the euro zone and threatened the outlook for fuel demand. FULL STORY »

Oil sinks below $114 on Italy vote uncertainty

Oil fell below $114 a barrel to a one-month low on Tuesday as an inconclusive Italian election result revived investor concern about instability in the euro zone and weaker fuel demand growth. FULL STORY »

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