Energy

Oil markets pulled lower by Wall Street's tumble

Oil futures lost nearly 2 percent on Wednesday, in part due to losses in U.S. equity markets on worries the Federal Reserve could phase out its stimulus program. FULL STORY »

Oil slips back on economy uncertainty

Brent crude oil futures retreated on Wednesday, on worries that the Federal Reserve could phase out its stimulus package, and an uncertain demand outlook for the global economy following weak growth forecasts for China. FULL STORY »

Oil rises more than $1 on equities, Middle East tension

Brent crude gained more than $1 on Tuesday as U.S. consumer optimism and signs of easier monetary policy from central banks pushed stock markets higher, while increasing Middle East tension also supported oil. FULL STORY »

Oil rises above $104 on equities, Mideast risk

Brent crude oil rose more than $1 per barrel to above $104 on Tuesday on rising Middle East risk and as stock markets rallied after a long holiday weekend on signs of easier monetary policy from central banks. FULL STORY »

Oil edges up on book squaring, but posts big weekly drop

Brent oil prices crept higher on Friday, as traders exited short positions ahead of a long holiday weekend in the United States, but the weekly percentage drop was still the biggest in more than a month. FULL STORY »

Midwest gasoline prices: some relief in sight

Gasoline prices throughout the Midwest, also known as Petroleum Administration for Defense District (PADD) 2, have been trending sharply higher since mid-April. FULL STORY »

Oil set for biggest weekly drop since mid-April

Oil was poised to post its biggest weekly loss in more than a month as Brent fell below $102 per barrel on Friday, pressured by ample supply and a sluggish economic recovery that could dent demand for fuel. FULL STORY »

Oil prices pare losses on U.S. equities turnaround

Brent crude oil prices retraced earlier losses after falling to a three-week low on Thursday in a broader commodities selloff, riding the coattails of a late turnaround in U.S. equities to end flat. FULL STORY »

Natural gas outlook: Spot prices increase in most areas

Working natural gas in storage increased to 2,053 billion cubic feet (Bcf) as of Friday, May 17, according to EIA’s Weekly Natural Gas Storage Report. FULL STORY »

Oil drops below $102 on demand doubts

Oil fell below $102 a barrel on Thursday in a broader commodities selloff as a decline in China's factory activity entrenched concern about weak demand and on worries about an early scale-back in Federal Reserve stimulus. FULL STORY »

Oil falls as Fed minutes send U.S. equities down

Brent crude extended losses in late trading on Wednesday to settle below $103 a barrel, after minutes from the Federal Reserve sent U.S. stock markets down and compounded earlier oil weakness stemming from a rise in U.S. gasoline inventories. FULL STORY »

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