Energy

Oil lower as Syrian strike seen limited

Brent crude oil settled lower on Wednesday, but with a less dramatic drop than U.S. oil, as it appeared a military strike against Syria would remain limited, quelling fears of supply disruptions in the Middle East. FULL STORY »

Brent holds above $115, Syria tension stokes supply concern

Brent crude held above $115 a barrel on Wednesday as U.S. lawmakers' support for military action against Syria revived concerns that Middle East oil supplies might be disrupted if the conflict widens. FULL STORY »

Oil settles higher on tight supplies, Syria worries

Brent crude oil futures rose more than $1 per barrel on Tuesday and settled 1.2 percent higher, fuelled by tighter global supplies and as U.S. lawmakers voiced support for military action against Syria, upholding fears of oil supply disruptions in the broader Middle East. FULL STORY »

Oil twitches higher on Middle East nerves

Oil futures gained on Tuesday after an Israeli missile test in the Mediterranean jangled traders' nerves on edge over any wider conflict in the region threatening already stretched supplies. FULL STORY »

Oil slides after US makes case for action against Syria

Brent crude oil fell in volatile trade on Friday ahead of a long weekend in the United States as the Obama administration made a case for a "limited" strike against Syria. FULL STORY »

Oil falls below $115 as UK lawmakers reject Syria attack

Brent crude oil slipped to $115 a barrel on Friday as fears over supply disruptions in the Middle East eased after Britain said it would not join any military action against Syria. FULL STORY »

Oil sinks as Syrian action remains uncertain

Oil prices on both sides of the Atlantic dropped sharply a few minutes ahead of the market close on Thursday as traders sold contracts and booked profit ahead of the holiday weekend as a U.S.-led strike on Syria remained uncertain. FULL STORY »

Oil falls towards $116 as supply risks reassessed

Brent crude oil dropped below $116 a barrel on Thursday as the possibility of a delay in a U.S.-led military strike on Syria helped calm concerns over Middle East oil supplies. FULL STORY »

West Coast leads recent gasoline price declines

As the Labor Day weekend approaches, the U.S. national average retail price for regular gasoline has drifted downward from a summer-to-date peak of $3.68 per gallon, reached on July 22, to $3.55 per gallon on August 26, despite an increase in crude oil prices since early July. FULL STORY »

Brent oil hits 6-month high as West readies Syria strike

Brent crude surged to a six-month high on Wednesday as western countries prepared to attack Syria, raising concerns over the security of oil supplies across the Middle East, which pumps a third of the world's oil. FULL STORY »

Brent hits 6-month high as West weighs strike on Syria

Brent crude leaped to a six-month high, gaining more than $3 to top $114 a barrel, on Tuesday as Western powers considered a military strike against Syria following last week's suspected chemical weapons attack. FULL STORY »

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