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By Phil Flynn |
January 30, 2013
Oil prices are on the rise as the euro soars in a sign that traders believe the worst may be over in Europe and the Fed will continue to be accommodative.
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By Phil Flynn |
January 24, 2013
A Seaway glitch and the house passage of a short term extension of the debt ceiling along with a reduction in the IMF growth forecast, helped oil have its biggest drop of this New Year.
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By Moming Zhou, Bloomberg |
January 14, 2013
Oil rose to the highest level in almost four months as service began on the expanded Seaway pipeline and heating oil jumped.
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By Dan Murtaugh, Bloomberg |
September 7, 2012
The U.S. shale boom has driven the cost of Gulf Coast light, sweet oil to its lowest level versus Brent crude in almost a quarter century as the nation’s dependence on foreign supplies wanes.
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By Phil Flynn |
April 17, 2012
Things may be tough in the global economy but not so much for OPEC. According to the Energy Information Agency OPEC profits hit a record high.
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By Aaron Clark, Bloomberg |
April 16, 2012
Enbridge Inc. and Enterprise Products Partners LP plan to start crude oil shipments on the Seaway pipeline from Cushing, Oklahoma, to the U.S. Gulf Coast on about May 17, according to a filing with regulators.
