Crude Oil

Global Oil Report: Libyan oil output exceeds expectations

Tension in the oil‐producing regions of the Middle East and Africa continues to exert upward pressure on oil prices. FULL STORY »

Diesel price falls for third consecutive week

The U.S. average retail price of regular gasoline declined a fraction of a cent this week to remain at $3.29 per gallon. FULL STORY »

The return of Libya

The pace of Libya's reentry into world oil markets has exceeded our prior expectations and those of many other outside observers. FULL STORY »

Retail gasoline and diesel prices fall

The U.S. average retail price of regular gasoline fell for the third week in a row losing almost two cents to reach $3.29 per gallon. FULL STORY »

Oil rises above $109, Iran in focus

Oil rose above $109 a barrel on Friday as rising tension over major oil exporter Iran and a report showing the U.S. economy created more jobs countered concern about the euro zone debt crisis. FULL STORY »

Oil price above $100 on international banking plan

The price of oil on Wednesday finished trading above $100 for the first time in two weeks, as the U.S. and other countries made it easier for banks to lend money and keep the global economy growing. FULL STORY »

The Seaway pipeline reversal and the WTI price discount

As hard as it may seem to overestimate the role of location in crude pricing, that is only part of the story. FULL STORY »

Retail gasoline and diesel prices fall

The U.S. average retail price of regular gasoline fell to the lowest price since February after shedding six cents to reach $3.31 per gallon. FULL STORY »

Oil above $98 ahead of US crude supply data

Oil prices rose to near $98 a barrel Tuesday as traders looked to the latest U.S. crude supply reports for signs demand may be improving. FULL STORY »

Oil prices fall on fears of slow economic growth

Oil prices fell Monday on fears that the world economy will weaken and push down demand for crude. FULL STORY »

Oil below $97 on fears about EU debts, US deficit

Oil prices fell below $97 a barrel Monday, echoing a decline in global equities on persistent concerns about the European debt crisis and floundering efforts to cut the U.S. deficit. FULL STORY »

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