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By Barbara Powell, Bloomberg |
April 12, 2013
Gasoline sank to the lowest level since January on concern that U.S. and European economies are weakening, reducing fuel demand at the same time refineries increase output.
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By Barbara Powell, Bloomberg |
March 6, 2013
Gasoline sank as the Energy Information Administration reported East Coast stockpiles increased and imports jumped. Crack spreads narrowed.
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By Barbara Powell, Bloomberg |
February 14, 2013
Gasoline jumped to a four-month high as the March contract’s discount to April futures narrowed for the first time in four days.
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By Barbara Powell, Bloomberg |
November 20, 2012
Gasoline fell as Hess Corp. returned its New Jersey refinery to full production and as crude declined on optimism that Israel and members of the Islamist Hamas movement will agree to a cease-fire.
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By Barbara Powell, Bloomberg |
October 30, 2012
Gasoline fell on speculation that demand will decline on the East Coast as Atlantic superstorm Sandy causes widespread flooding and power outages.
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By Barbara Powell, Bloomberg |
July 5, 2012
Crude oil options volatility slipped as underlying futures dropped 44 cents, the smallest decline since June 7.
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By Barbara Powell, Bloomberg |
May 23, 2012
Crude-oil options volatility rose for the first time in three days as underlying futures slipped below $90 a barrel.
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By Barbara Powell, Bloomberg |
May 16, 2012
Gasoline fell after the Kyodo News service reported that the U.S. called for a release of strategic oil reserves amid rising U.S. crude supplies and concern the European debt crisis will reduce fuel demand.
