Crude Oil
Gasoline prices up a penny while diesel prices surge
The U.S. average retail price of regular gasoline added one cent per gallon to reach $3.44 per gallon. The average price is $0.54 per gallon higher than last year at this time.
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U.S. oil leaps above $100 on Seaway reversal plan
U.S. and Brent crude futures headed in opposite directions on Wednesday, jostled by a plan to reverse the Seaway pipeline by next year to help ease an oil glut at the Cushing, Oklahoma, delivery hub.
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Oil hits $100, first time since July
Oil prices have hit $100 per barrel for the first time in nearly four months.
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Oil up on economic data despite EU contagion worry
Oil prices rose Tuesday on supportive data that pointed to continued economic growth in the fourth quarter, sending U.S. crude to a 16-week peak and offsetting concerns that the euro zone debt crisis will keep spreading.
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Brent crude oil rises above $112 but wary of Euro crisis
Brent crude rose above $112 per barrel on Tuesday after solid German and French growth data but worries over the outlook for euro zone deepened as debt yields rose and austerity measures threatened to tip the bloc into recession.
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Oil price drops near $98 per barrel
The price of oil fell to near $98 per barrel Monday as investors continued to worry about Europe's debt problems.
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Oil slips below $98 amid Europe debt concerns
Oil prices slipped below $98 a barrel Monday as markets remained cautious about the ability of new leadership in Greece and Italy to manage the countries' financial crisis.
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EIA expects world crude oil to grow from its record-high level
Oil prices continue to face upward price pressure because of supply uncertainty resulting from ongoing unrest in the oil-producing regions of the Middle East and North Africa.
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Oil price rises to near $98 per barrel
Oil prices jumped more than 2 percent Thursday as investors cheered political shake-ups in Greece and Italy, and layoffs appeared to be easing in the U.S.
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Oil above $96 as traders eye Italy debt woes
Oil prices rose slightly to above $96 a barrel Thursday in Asia as investors mulled the impact of Europe's debt crisis on the continent's economic growth and crude demand.
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A silver lining in the short-term oil market outlook?
EIA expects both Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC crude oil and other liquid supply to grow through 2012.
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