Energy

The changing premium for premium gasoline

In late 2012, the difference between the U.S. average retail prices for premium gasoline and regular gasoline reached 30 cents per gallon for the first time, a level at which it has remained for most of 2013. FULL STORY »

Brent drops below $99; demand worries persist

Brent crude fell below $99 per barrel on Wednesday, weighed by the prospect of sluggish fuel demand in top consumers the United States and China and rising stockpiles of U.S. crude. FULL STORY »

Brent falls under $100 for first time since July 2012

Brent crude fell below $100 a barrel for the first time in nine months in heavy trading on Tuesday, extending losses triggered by data from China and the United States that suggested little growth in global oil demand. FULL STORY »

Brent drops below $100 for first time since July 2012

Brent crude sank below $100 a barrel for the first time in nine months on Tuesday, extending a rout triggered by data from China and the United States that weakened the outlook for demand. FULL STORY »

Brent tumbles below $101, weak data hits demand outlook

Brent crude oil sank below $101 a barrel on Monday to a nine-month low after bleak Chinese and U.S. data stoked worries of a slowdown in economic growth in the world's top oil consumers. FULL STORY »

Oil hits 9-month low near $101, bounces on spread trade

Brent crude oil fell to a nine-month low near $101 a barrel on Friday as a broad investor sell-off in commodities triggered a fall as much as $3 a barrel, but the global oil benchmark pared losses in afternoon New York trade as bargain hunters emerged. FULL STORY »

Oil falls to 8-month low; demand growth falters

Brent crude oil sank to an eight-month low under $103 a barrel on Friday as the outlook for global oil demand growth dimmed, although an improvement in U.S. jobs data put a floor under prices. FULL STORY »

Oil settles lower as demand view dims, inventory rises

Oil prices settled lower on Thursday after the International Energy Agency (IEA) trimmed its forecast for energy demand growth this year, the third of the world's top forecasters to do so at a time of growing supplies. FULL STORY »

Gas prices expected to average $3.63 per gallon during summer

The U.S. average retail price for a gallon of regular gasoline has fallen for six consecutive weeks since hitting its 2013 year-to-date peak of $3.78 per gallon in late February. FULL STORY »

Oil steadies below $106 as demand growth falls

Brent crude oil steadied below $106 per barrel on Thursday, not far above an eight-month low, after U.S. crude oil stocks hit their highest level in more than two decades and analysts cut forecasts for global oil demand growth. FULL STORY »

Oil prices uneven on strong equities; rise in oil stocks

Brent crude oil prices fell and U.S. crude oil prices rose in light trading on Wednesday, after a report of rising U.S. crude oil and gasoline inventories reinforced concerns about the oil demand outlook in the world's top petroleum consumer. FULL STORY »

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