Natural Gas

Oil slips to near $84 amid demand forecast cuts

Oil prices fell to near $84 a barrel Thursday due to retreating equity markets, slower export growth in China and lowered forecasts for global demand for crude. FULL STORY »

Oil price fluctuates around $86 per barrel

Fears of another recession have diminished as European financial leaders take steps to strengthen their banking system. Still, analysts predict tepid economic growth. Overall, research groups say the world is consuming oil at a slower pace than previously expected. FULL STORY »

Oil below $85 amid hope for EU debt crisis plan

Oil prices slipped below $85 a barrel Tuesday, as doubts surfaced about expanding a bailout plan in Europe and OPEC cut its estimate for world oil demand. FULL STORY »

U.S. unlikely to hit Renewable Fuel Standard for cellulosic biofuels

The biofuel industry will not be able to meet the cellulosic production requirements of the Renewable Fuel Standard without significant advancements in technology or investment, according to a National Academy of Sciences study prepared for Congress. FULL STORY »

Oil prices above $85 for first time since Sept.

Oil prices jumped more than 3 percent Monday after France and Germany agreed to strengthen Europe's ailing banks. FULL STORY »

Oil prices above $83 per barrel on jobs increase

Oil prices are rising after a burst of hiring in the U.S. calmed fears of a new recession. FULL STORY »

Oil prices at $83 per barrel on jobs increase

Oil prices climbed to near $83 per barrel as a volatile week for crude ended with news of a burst of hiring in the U.S. Here's a breakdown of how energy contracts traded Friday. FULL STORY »

Oil near $81 on hopes of Europe action on banks

Oil prices rose above $80 a barrel Thursday, continuing a rebound from 12-month lows on signs that European finance officials are moving to bolster the region's banks. FULL STORY »

Natural gas outlook: Prices drop below $4 levels

Like autumn leaves floating down to earth, natural gas prices dropped decidedly from their $4 support branch this past week. In a whirlwind of generally unsupportive market fundamentals, the Henry Hub price closed down 25 cents for the week to $3.63 per million British thermal units on October 5. FULL STORY »

Oil above $82 on positive news for Europe banks

Oil prices rose Thursday as Europe's central bank tried to strengthen the region's financial system. Benchmark crude jumped $2.91, or 3.7 percent, to finish at $82.59 per barrel in New York, while Brent crude rose $3, or 2.9 percent, to end at $105.73 in London. FULL STORY »

Oil up to $78 amid hopes of Europe financial fix

Oil prices climbed to $78 a barrel Wednesday amid hopes that Europe will contain the debt crisis that has engulfed Greece and threatens to destabilize other countries that use the euro. FULL STORY »

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