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By Joe Schneider, Bloomberg |
February 1, 2013
The former head of natural gas liquids trading at BP Plc’s BP Energy Co. in Texas accused the company in a lawsuit of wrongfully firing him in order to manipulate the market and gouge Americans with inflated prices.
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By Bradley Olson, Bloomberg |
December 13, 2012
Phillips 66, the crude refiner that was spun off from ConocoPhillips in May, plans to raise as much as $400 million in an initial public offering next year for a minority interest in some of its pipeline and logistics assets.
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By Lananh Nguyen, Bloomberg |
November 12, 2012
U.S. oil output is poised to surpass Saudi Arabia’s in the next decade, making the world’s biggest fuel consumer almost self-reliant and putting it on track to become a net exporter, the International Energy Agency said.
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By Phil Flynn |
October 18, 2012
Volume in the oil market seems to suggest that the passion for making big trades is somewhat subdued. Yet oil was more focused on what looks almost like a glut of U.S. crude supply.
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By Dominick Chirichella |
August 8, 2012
EIA estimates that world liquids consumption will outpace production by 0.9 million bb/d in the third quarter, as world demand reaches its seasonal peak.
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By Dominick Chirichella |
July 11, 2012
EIA lowered their projection for global oil consumption for 2012 and 2013 versus last month's report. It now is projecting a reduction of about 100,000 bpd in 2012 and 400,000 bpd in 2013.
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By Michael McFarlin |
May 18, 2012
A wrap-up of the latest products and service announcements that matter most to traders.
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By Dominick Chirichella |
May 9, 2012
From the oil complex perspective a slowing economy will result in slowing in oil demand growth and likely underperform the forecasts, including the latest one by the EIA discussed here.
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By Jim Polson and Mike Lee, Bloomberg |
April 30, 2012
Energy Transfer Partners LP, owner of about 23,500 miles of natural-gas pipelines, agreed to buy Sunoco Inc. for $5.3 billion.
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By Dominick Chirichella |
March 7, 2012
EIA expects increases in global consumption to outpace production growth in countries outside of OPEC during the short-term forecast period
