Energy

Oil prices pare losses on U.S. equities turnaround

Brent crude oil prices retraced earlier losses after falling to a three-week low on Thursday in a broader commodities selloff, riding the coattails of a late turnaround in U.S. equities to end flat. FULL STORY »

Natural gas outlook: Spot prices increase in most areas

Working natural gas in storage increased to 2,053 billion cubic feet (Bcf) as of Friday, May 17, according to EIA’s Weekly Natural Gas Storage Report. FULL STORY »

Oil drops below $102 on demand doubts

Oil fell below $102 a barrel on Thursday in a broader commodities selloff as a decline in China's factory activity entrenched concern about weak demand and on worries about an early scale-back in Federal Reserve stimulus. FULL STORY »

Oil falls as Fed minutes send U.S. equities down

Brent crude extended losses in late trading on Wednesday to settle below $103 a barrel, after minutes from the Federal Reserve sent U.S. stock markets down and compounded earlier oil weakness stemming from a rise in U.S. gasoline inventories. FULL STORY »

Gasoline and diesel fuel prices increase again

The U.S. average retail price of regular gasoline increased seven cents for the second consecutive week, to $3.67 per gallon as of May 20, 2013, down four cents from last year at this time. FULL STORY »

Oil ends lower, pares losses as dollar weakens

Crude oil futures ended lower on Tuesday, falling early as the dollar strengthened, then paring losses as the greenback weakened after a Federal Reserve official said he did not believe the U.S. central bank should pull back on its quantitative easing program. FULL STORY »

Oil falls on concern about Federal Reserve direction

Brent oil futures fell towards $104 per barrel on Tuesday, on concerns that the U.S. Federal Reserve might scale back its quantitative easing programme, which could damage fragile demand. FULL STORY »

Oil ends higher on weaker dollar, supplies weigh

Crude oil prices rose on Monday against a weaker dollar, but ample oil supplies limited gains, even as equity markets hovered at record levels. FULL STORY »

Oil slips towards $104 on demand outlook, dollar

Brent crude oil slipped towards $104 per barrel on Monday, weighed by ample supplies, weaker demand for fuel and a strong dollar, despite gains in equity markets. FULL STORY »

Oil rallies for third day, shrugging off firm dollar

Oil rose for a third straight session on Friday, supported by a raft of strong economic data from top oil consumer the United States that also boosted U.S. equities, even as the dollar hit a multi-year high. FULL STORY »

Oil rises towards $105, shrugs off firm dollar

Oil climbed towards $105 a barrel on Friday, rebounding from an earlier decline and heading for a small weekly gain, although concern about the strength of demand growth limited the rise. FULL STORY »

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