Energy

Oil drops for 5th session, funds push late rebound

U.S. crude oil fell for a fifth straight session on Thursday as traders and funds liquidated long positions to shake some heavy length out of the market. FULL STORY »

Brent-WTI spread is expected to widen through the end of the year

The Brent-WTI spread, the price differential between Brent crude oil and West Texas Intermediate (WTI) crude oil, averaged just over $3 per barrel in July, its lowest monthly average since December 2010. FULL STORY »

Brent slips below $107, shuns robust China oil data

Brent crude fell below $107 a barrel on Thursday as investors overlooked robust Chinese oil import figures and focused instead on rising supplies from the North Sea. FULL STORY »

Oil falls below $108 as supply worries ease

Oil fell below $108 per barrel on Wednesday, dropping for a fourth session, as concern eased about supply disruptions and on caution before a weekly supply report from top oil consumer the United States. FULL STORY »

Oil falls on Iran nuclear hopes, U.S. gasoline slides with RINs

Oil fell around $1 a barrel on Tuesday, as Iran's new president signalled willingness to negotiate with the West over Tehran's disputed nuclear program, and as U.S. gasoline prices slid after a sell-off in ethanol credits. FULL STORY »

Brent oil slips towards $108 as supply fears ease

Brent crude slipped towards $108 a barrel on Tuesday as supply disruptions eased, though rising tension in the Middle East and anticipated declines in U.S. oil stockpiles limited losses. FULL STORY »

Oil falls below $108 on output rebound, euro zone data

Brent crude oil fell below $108 a barrel on Monday on news of improving production from Libya and the North Sea and after euro zone data showed retail sales declined across the board for the first time in three months. FULL STORY »

Oil slips on U.S. jobs data disappointment

Oil futures fell on Friday as U.S. jobs data came in below expectations, tempering economic optimism that had pushed Brent crude during the session to its highest level in four months, and prompting some investors to take profits. FULL STORY »

Oil slips as U.S. job data disappoints

Brent crude retreated on Friday as U.S. jobs data came in below expectations, tempering economic optimism that had pushed oil to its highest in four months earlier in the session. FULL STORY »

Oil rises above $109 on demand outlook, supply cuts

Oil rose more than $1 to above $109 a barrel on Thursday as upbeat economic data from China and Europe pointed to a stronger demand outlook and unrest in Libya and Iraq disrupted supplies. FULL STORY »

Gasoline consumption: What direction is it heading?

As baseball nears its trading deadline on July 31, some teams need to decide if their recent upward trend is a short-term phenomenon or something that the team can build the future around. FULL STORY »

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