Energy http://www.dairyherd.com/dairy-news/markets/energy RSS Feed for Energy en-us Fri, 18 May 2012 19:41:52 GMT Brent falls, posts biggest 3-week drop since May 2011 http://www.dairyherd.com/dairy-news/markets/energy/Brent-falls-posts-biggest-3-week-drop-since-May-2011-152074655.html Brent crude oil futures dipped o n F riday, falling for the third day in a row, as investors pared holdings of risky assets such as oil and equities on fears that problems in Greece and Spain were spreading to other euro zone nations. Oil down near $107 on Greek exit fears http://www.dairyherd.com/dairy-news/markets/energy/Oil-down-near-107-on-Greek-exit-fears-152028575.html Oil prices slipped towards $107 a barrel on Friday as investors fled risky, growth-sensitive assets on fears that Greece would leave the euro, although short-covering provided some support for Brent. Natural gas outlook: Futures market trended higher over the week http://www.dairyherd.com/dairy-news/markets/energy/Natural-gas-outlook-Futures-market-trended-higher-over-the-week-151918715.html The natural gas futures market trended higher over the week. At the New York Mercantile Exchange, the June 2012 natural gas contract gained 15.3 cents per MMBtu to close at $2.618 per MMBtu yesterday. Cushing crude oil inventories at record levels http://www.dairyherd.com/dairy-news/markets/energy/Cushing-crude-oil-inventories-at-record-levels-151748945.html Crude oil inventories at the Cushing, Oklahoma storage hub reached a record 45.1 million barrels on May 11, after rising 16.9 million barrels since January 13, a marked contrast to the relatively flat level of inventories over January through April in recent years. Gasoline prices fall for sixth straight week http://www.dairyherd.com/dairy-news/markets/energy/Gasoline-prices-fall-for-sixth-straight-week-151746765.html The U.S. average retail price of regular gasoline decreased 4 cents this week to $3.75 per gallon, 21 cents per gallon lower than last year at this time. Brent rise boosts premium to slumping U.S. crude http://www.dairyherd.com/dairy-news/markets/energy/Brent-rise-boosts-premium-to-slumping-US-crude-151600695.html Brent oil edged higher on Tuesday, snapping three days of declines and pushing its premium to slumping U.S. crude back above $18 a barrel, as supportive German economic growth helped counter political turmoil in Greece. Oil rises on easing euro zone worries http://www.dairyherd.com/dairy-news/markets/energy/Oil-rises-on-easing-euro-zone-worries-151531335.html Brent crude oil futures firmed on Tuesday, as the euro zone narrowly avoided recession and as better-than-forecast German first-quarter GDP data raised hopes that Germany would steer the way through the European debt crisis. Oil slides on euro zone, China fears http://www.dairyherd.com/dairy-news/markets/energy/Oil-slides-on-euro-zone-China-fears-151367705.html Oil fell sharply on Monday, extending recent heavy losses, as mounting political uncertainty in Greece and worry about the prospects for growth in China added to a sense that the demand outlook is worsening. Oil dips as China data outweighs upbeat U.S. consumers http://www.dairyherd.com/dairy-news/markets/energy/Oil-dips-as-China-data-outweighs-upbeat-US-consumers-151182425.html Oil fell on Friday and posted a second straight weekly loss as pressure from weak industrial growth in China countered news that U.S. consumer confidence hit a four-year high. U.S. crude falls, posts biggest 2-week loss since Sept. 2011 http://www.dairyherd.com/dairy-news/markets/energy/US-crude-falls-posts-biggest-2-week-loss-since-Sept-2011-151154775.html U.S. crude oil futures fell nearly 1 percent on Friday, as weaker industrial growth in China and persistent euro zone worries clouded the oil demand outlook.