Energy
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.
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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.
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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.
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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.
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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.
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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.
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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.
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Gasoline and diesel fuel prices increase again
The U.S. average retail price of regular gasoline increased seven cents for the second consecutive week, to $3.67 per gallon as of May 20, 2013, down four cents from last year at this time.
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Oil ends lower, pares losses as dollar weakens
Crude oil futures ended lower on Tuesday, falling early as the dollar strengthened, then paring losses as the greenback weakened after a Federal Reserve official said he did not believe the U.S. central bank should pull back on its quantitative easing program.
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Oil falls on concern about Federal Reserve direction
Brent oil futures fell towards $104 per barrel on Tuesday, on concerns that the U.S. Federal Reserve might scale back its quantitative easing programme, which could damage fragile demand.
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Oil ends higher on weaker dollar, supplies weigh
Crude oil prices rose on Monday against a weaker dollar, but ample oil supplies limited gains, even as equity markets hovered at record levels.
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