Energy

Pipeline additions to facilitate crude oil growth from Midwest

Continuing growth in U.S. crude oil production is causing significant changes in the way crude oil moves within the United States. The Midwest (PADD 2) has been one of the major sources of this production growth. FULL STORY »

Gasoline price inches up, diesel fuel price down

The U.S. average retail price of regular gasoline increased less than a penny for a second consecutive week to remain at $3.30 per gallon, down nine cents from last year at this time. FULL STORY »

Oil rises on Algerian gas field attack, US stock draw

Oil prices rose on Wednesday after an Algerian gas field came under attack from Islamist militants and as data showed crude stocks fell in the United States last week. FULL STORY »

Crude oil rises due to North Sea pipeline closure

Crude oil edged up towards $111 a barrel on Wednesday, recovering slightly from a drop in the previous session, supported by the closure of the Brent pipeline system in the North Sea. FULL STORY »

Oil slips as German data, US debt ceiling worries weigh

Oil prices dipped in heavy trading on Tuesday, weighed down by German economic data and concerns about the brewing fight over the U.S. debt ceiling stoked concerns about fuel demand. FULL STORY »

Oil steadies below $112 on U.S. growth, debt hopes

Brent crude oil steadied under $112 per barrel on Tuesday on optimism that the euro zone economy may finally be stabilising and that U.S. consumers are beginning to spend again after several years of belt tightening. FULL STORY »

Oil rises toward $112 on product strength, weak dollar

Brent crude oil rose by more than 1 percent toward $112 a barrel on Monday, boosted by a weak U.S. dollar, strength in gasoline and diesel markets, and as investors weighed a statement from Saudi Arabia disputing claims it has altered its output policy. FULL STORY »

Oil rises above $111 on supply concern, growth hopes

Oil rose above $111 a barrel on Monday, rebounding from the previous session's drop, as concern about supply resurfaced amid growing optimism over signs that the world's biggest economies are on their way to a steady recovery. FULL STORY »

Oil falls towards $110 on weaker demand concern

Oil tumbled towards $110 a barrel on Friday on growing concern that oil demand may be weakening in the short term as global economic activity remains subdued. FULL STORY »

Oil rises after Saudi Arabia cuts output

Oil futures rose on Thursday on news that top world oil exporter Saudi Arabia had cut back production in response to flagging demand, and after China reported strong demand for its exports. FULL STORY »

Continued growth in onshore natural gas production through 2014

EIA's January Short-Term Energy Outlook (STEO), released on January 7, now includes EIA's forecast of energy consumption, supply, and prices through 2014. FULL STORY »

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