Gasoline and diesel fuel prices continue to fall

The U.S. average retail price of regular gasoline decreased six cents to $3.37 per gallon as of October 7, 2013, 48 cents lower than last year at this time, and the third consecutive week where prices decreased in all regions of the nation. FULL STORY »

Oil gains on China data, dollar weakness supports

Crude oil gained on Thursday, heading towards $110 a barrel as strong data from China and dollar weakness offset fears about the economic impact of a U.S. government shutdown. FULL STORY »

Gasoline falls for a 4th week; diesel down the last three

The U.S. average retail price of regular gasoline decreased seven cents to $3.43 per gallon as of September 30, 2013, 38 cents lower than last year at this time, and the lowest price since January 28, 2013. FULL STORY »

Oil falls below $108 on signs of better supply

Brent crude oil slipped below $108 a barrel on Wednesday, extending five weeks of falls on signs of improving global supply. FULL STORY »

Brent falls below $108 on worries of U.S. shutdown

Brent crude oil fell more than $1 to below $108 a barrel on Monday, heading for its first monthly decline since May, as tensions over Iran eased and a potential U.S. government shutdown clouded the outlook for demand. FULL STORY »

Oil up on bargain hunting even as political risks ease

Oil prices rose on Thursday, despite easing political worries and an improving supply picture, as traders sought bargains after sharp losses earlier this month. FULL STORY »

Understanding the "change of the stock change"

While avid college football fans eagerly await the Tuesday morning update of team rankings, crude oil and petroleum product market watchers often focus on the Wednesday morning release of the U.S. Energy Information Administration's (EIA) Weekly Petroleum Status Report (WPSR). FULL STORY »

Oil climbs above $110, Iran diplomacy in focus

Oil prices climbed towards $110 a barrel on Wednesday as expectations faded that new talks over Iran's nuclear programme would bring a rapid thaw in relations with the United States. FULL STORY »

Oil slips below $108 ahead of Iran nuclear talks

Brent crude oil eased to under $108 a barrel on Tuesday, losing more ground after almost a month of falls as geopolitical tension eased and further evidence emerged of rising oil supplies from Libya and Iraq. FULL STORY »

Scrambling for diesel as Midwest pipeline shuts before harvest

With the fall harvest looming, pockets of the U.S. Midwest are bracing for a mad scramble for diesel fuel to power tractors and combines after the summer closure of a key pipeline that supplied buyers from Arkansas to Indiana. FULL STORY »

Oil sheds $1/bbl on higher supplies, Iran diplomacy

Oil prices on both sides of the Atlantic shed more than $1 per barrel on Monday despite upbeat economic data from China and Europe, as higher crude output from Iraq and a possible thaw in U.S.-Iran relations boosted the supply outlook. FULL STORY »

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