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By Phil Flynn |
July 25, 2014
While the world is in geopolitical turmoil somehow financial markets are subdued.
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By Lynn Doan, Bloomberg |
July 22, 2014
Retail gasoline in the U.S. slid to the lowest level in almost four months as refineries boosted production.
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By Dan Murtaugh, Bloomberg |
July 15, 2014
North Dakota pumped more oil than three OPEC member nations in May as output rose 3.6% to 1.04 million barrels a day.
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By Jack Malone |
July 14, 2014
The availability of cheap, high-quality U.S. crude oil globally would have a leveling effect on oil prices around the world.
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By Phil Flynn |
July 9, 2014
Libyan oil is just what the doctor ordered as the global energy markets looked for calm against a backdrop of rising geopolitical risk.
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By Phil Flynn |
July 8, 2014
The promise of more Libyan oil exports added to the move as well as the fact that oil exports from the south of Iraq continue.
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By Phil Flynn |
July 7, 2014
Oil extraction is soaring at shale formations in Texas and North Dakota as companies split rocks using fracking.
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By Chris Dolmetsch, Bloomberg |
June 30, 2014
New York’s cities and towns can block hydraulic fracturing within their borders, the state’s highest court ruled, dealing a blow to an industry awaiting Governor Andrew Cuomo’s decision on whether to uphold a six-year-old statewide moratorium.
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By Mark Shenk, Bloomberg |
June 25, 2014
Crude rose for the first time in three days after the federal government opened the door to more U.S. oil exports.
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By Dan Murtaugh, Bloomberg |
June 18, 2014
Oil and gas from the Bakken and other shale formations helped the U.S. produce the equivalent of 87% of its energy needs in 2013, the highest level since 1985.
