Brent crude falls below $107 on dollar strength

Brent crude oil slid below $107 a barrel on Monday because of a rising U.S. dollar, after reaching a three-month high earlier in the day due to unrest in Egypt that stoked concerns about global oil supplies. FULL STORY »

U.S. crude ends at 14-month high on stocks draw

Oil prices ended higher for a third consecutive day on Wednesday, with the New York contract settling at a 14-month high FULL STORY »

A look at U.S. gasoline markets

"Location, location, location" is a well-known mantra in the real estate industry. The same can be said about gasoline prices as well. FULL STORY »

Oil rises on U.S. oil stock decline and Egypt tension

A sharp decline in crude stockpiles in top consumer the United States and political unrest in Egypt, which could destabilise the Middle East and lead to supply disruptions, sent U.S. oil to a 14-month high on Wednesday. FULL STORY »

US oil vaults above $99 on Middle East worry, spread trade

U.S. crude jumped to a nine-month high above $99 a barrel on Tuesday as turmoil in the Middle East unsettled investors, while signs of tightening supply in the U.S. Midwest strengthened prompt U.S. crude prices relative to other contracts. FULL STORY »

Oil rises on Middle East supply worries

Brent crude rose above $103 a barrel on Tuesday, up for a second day on concerns over supply disruption from Libya and worries that political turmoil in Egypt could hit oil flows from the region. FULL STORY »

Oil rises above $103 on manufacturing PMIs, Fed

Brent crude oil rose above $103 a barrel on Monday as more encouraging data from Europe and better-than-expected official manufacturing figures from China balanced uncertainty over the outlook for U.S. monetary policy. FULL STORY »

Brent down after U.S. data, set for third quarterly loss

Brent crude oil futures fell towards $102.50 a barrel on Friday as the dollar gained following better-than-expected U.S. consumer data, which could strengthen the case for the U.S. Federal Reserve to reduce stimulus. FULL STORY »

Oil rises amid talk Fed will continue stimulus for now

Crude oil futures rose for a fourth straight session on Thursday, gaining over $1 a barrel, as conviction strengthened that monetary stimulus measures from major central banks would stay in place for the time being. FULL STORY »

U.S. refinery capacity higher in 2012, start of 2013

As of January 1, 2013, the United States had 139 operating refineries and 4 idle refineries with total atmospheric crude oil distillation capacity of 17.8 million barrels per calendar day (bbl/d), an increase of 501,000 bbl/d from January 1, 2012. FULL STORY »

Oil up as fears fade of stimulus pull-back

Brent crude oil rose for a fourth session on Thursday to above $102 a barrel as investor conviction strengthened that monetary stimulus measures from major central banks would stay in place for the time being. FULL STORY »

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