Crude Oil

Assessment shows faster rise in U.S. oil production

The U.S. Energy Information Administration (EIA) today issued the Reference case of its Annual Energy Outlook 2013 (AEO2013) showing an increase from last year's AEO in projected domestic crude oil production, particularly from shale and other tight oil formations. FULL STORY »

Gasoline and diesel fuel prices both decrease

The U.S. average retail price of regular gasoline decreased four cents to $3.39 per gallon, 10 cents higher than last year at this time. FULL STORY »

Implications of increased domestic production of crude oil

Rising domestic production of light sweet crude oil, especially from tight oil formations in North Dakota and Texas, is already leading to adjustments in oil markets. FULL STORY »

Gasoline and diesel fuel prices both increase

The U.S. average retail price of regular gasoline increased a penny last week to $3.44 per gallon, 13 cents higher than last year at this time. FULL STORY »

Post-Sandy look at gasoline data shows market stresses

Petroleum data for the week ending November 9 released today by the U.S. Energy Information Administration (EIA) provide the second set of data to assess the impacts of Hurricane Sandy on U.S. petroleum markets. FULL STORY »

Retail gasoline prices expected to decline in the coming weeks

The national average retail price for a gallon of regular gasoline has fallen 36 cents per gallon over the last four weeks to hit $3.49 per gallon on November 5, the lowest price since mid-July. FULL STORY »

Gasoline and diesel fuel prices fall

The U.S. average retail price of regular gasoline decreased 13 cents last week to $3.69 per gallon, 23 cents per gallon higher than last year at this time. FULL STORY »

An update on West Coast gasoline markets

On Monday, October 8, the average retail price of regular gasoline in California reached $4.66 per gallon, driving the West Coast average price to $4.41 per gallon, the highest weekly price since the summer of 2008. FULL STORY »

Gasoline price down while diesel fuel price increases

The U.S. average retail price of regular gasoline decreased three cents last week to $3.82 per gallon, 34 cents per gallon higher than last year at this time. FULL STORY »

Heating oil markets are tight as winter approaches

In petroleum markets, October is typically the time when attention shifts from transportation fuels to heating fuels. Strong global distillate demand and refinery outages have supported prompt distillate prices relative to those in the future. FULL STORY »

Gasoline and diesel fuel prices both increase

The U.S. average retail price of regular gasoline increased five cents last week to $3.85 per gallon, 43 cents per gallon higher than last year at this time. FULL STORY »

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