Energy

Domestic ethanol production starts to grow again

After seeing their team repeatedly suffer heartbreaking playoff losses, Washington Capitals fans were hoping that this year would be different. FULL STORY »

Brent rises but capped by high jobless claims

Brent oil futures climbed above $104 on Thursday, responding to dollar declines, while a jump in U.S. jobless claims capped gains as they added to the bearish demand outlook. FULL STORY »

Oil gains $1 on U.S. equity rally

Brent crude oil prices rose by more than $1 on Wednesday, reversing early losses to settle above $103 a barrel and increasing its premium over U.S. crude to the largest in 13 sessions. FULL STORY »

Oil slips towards $102 as euro zone recession deepens

Oil slipped towards $102 a barrel on Wednesday after data showed the euro zone's recession extended to the longest on record, while a stronger U.S. dollar and ample supplies put additional pressure on on the price. FULL STORY »

Brent oil prices fall in light trading

Brent crude oil prices fell on Tuesday after a global energy watchdog described world supplies as "comfortable" and analysts forecast a continued build in the U.S. crude inventory, while gasoline rose 1 percent on expected inventory draws ahead of the summer driving season. FULL STORY »

Oil slips below $103 as IEA sees supply growing

Brent crude oil fell below $103 per barrel on Tuesday, depressed by worries over the prospects for global economic growth and demand after a bearish report from the West's energy watchdog. FULL STORY »

Oil falls as China demand slows, U.S. gasoline sales dive

Crude oil prices settled lower on Monday after a choppy day of trading, hit by slowing oil demand in China and data showing the biggest drop for U.S. retail gasoline sales in more than four years. FULL STORY »

Oil falls to $103 on weak China demand

Crude prices fell to $103 a barrel on Monday weighed by a stronger dollar and a drop to an eight-month low in oil demand in the world's second-largest consumer China. FULL STORY »

Oil pares losses on weakening dollar, refinery boost

Brent and U.S. crude oil ended slightly down on Friday, after trading sharply lower for much of the session, rebounding as the U.S. dollar weakened and on late news reports that more oil would flow through BP Plc's Whiting, Indiana, refinery. FULL STORY »

Brent falls below $103, rising supply weighs

Brent crude oil tumbled below $103 a barrel on Friday as rising supplies and doubts over China's economy outweighed stronger signs of a U.S. recovery. FULL STORY »

Brent oil closes higher after late gains

Brent crude edged up in volatilite trade on Thursday, and U.S. crude settled slightly down, as investors weighed Middle East tensions against weak demand and high inventories. FULL STORY »

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