Energy

Natural gas outlook: Energy usage responds to cold temperatures

Natural gas prices rose at most major regional trading locations this week, particularly in the Northeast. FULL STORY »

Oil rises above $117 ahead of ECB meeting

Oil rose above $117 a barrel on Thursday as traders awaited word from the European Central Bank (ECB) on the region's troubled economy while keeping an eye on renewed tensions over Iran's nuclear programme. FULL STORY »

Gasoline and diesel fuel prices both see double-digit increases

The U.S. average retail price of regular gasoline increased 18 cents to $3.54 per gallon, up six cents from last year at this time. FULL STORY »

Brent rises, U.S. crude dips on inventory build

Brent crude oil futures posted a modest rise on Wednesday on economic optimism, while U.S. crude prices slipped after data showed an unexpected rise in U.S. crude oil inventories. FULL STORY »

Oil slips on plentiful supply

Brent crude oil futures fell on Wednesday, pressured by ample supply, although prices were still near four-month highs as data from the United States and Europe boosted confidence in the global economy. FULL STORY »

Brent jumps, hits 20-week high on strong data, sentiment

Brent crude rose on Tuesday, hitting A 20-week high as positive economic data and strong corporate earnings reports lifted Wall Street stocks and other financial markets. FULL STORY »

Oil bounces back towards $117, Europe concerns fade

Oil rose towards $117 a barrel on Tuesday, resuming its three-week rally, as investor concern faded about political risks in the euro zone that had prompted a sell-off of riskier assets in the previous session. FULL STORY »

Oil prices sink on profit-taking after positive streak

Oil future prices dropped alongside equities on Monday as traders took profits after three weeks of gains and after a rise of about 10 percent rise in oil prices since the beginning of December. FULL STORY »

Oil slips below $116 after weeks of gains

Brent crude oil fell below $116 per barrel on Monday, slipping from 4-1/2-month highs after three weeks of gains powered by signs of improving global economic growth and concern over geopolitical tension in the Middle East. FULL STORY »

Brent crude jumps, premium over U.S. crude widens

Brent crude rose to a four-month peak on Friday, with traders citing optimism about the global economic recovery, while Brent's premium over U.S. oil futures widened nearly $1 a barrel in heavy spread trading. FULL STORY »

Oil climbs towards $116 ahead of U.S. jobs data

Brent crude oil rose towards $116 on Friday, heading for a third consecutive week of gains on rising economic optimism and tension across the Middle East, the world's biggest oil region. FULL STORY »

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