Bloomberg reported that crude oil fell 0.6 percent after U.S. crude stockpiles surged and gasoline consumption dropped to a 10-year low.
Read the full article: "Oil Drops 0.6 percent as U.S. Stockpiles Rise"
Wednesday, February 1, 2012
Zacks reported that Marathon Oil Corporation (NYSE:MRO) announced weaker fourth quarter 2011 profits.
Read the full article: "Marathon Oil Weaker 2011 Q4 Profits"
Wednesday, February 1, 2012
Bloomberg reported that North Sea oil exports shipped to Asia have surged to the highest in the past eight years.
Read the full article: "North Sea Oil Exports to Asia at 8-Year High"
Tuesday, January 31, 2012
Business Week reported that Canadian natural gas dropped 19.25 cents as demand plummeted due to mild weather across the U.S.
Read the full article: "Canadian Natural Gas Fell 19.25 Cents"
Tuesday, January 31, 2012
Bloomberg reported that oil futures gained 1.9 percent as Greece expressed that debt resolving talks hare moving towards positive direction.
Read the full article: "Oil Gains 1.9 Percent on Europe Optimism"
Monday, January 30, 2012
Bloomberg reported that U.S. Gulf Coast oil premiums gained after the gap between West Texas Intermediate and Brent decreased 16 cents to $11.74.
Read the full article: "U.S. Gulf Coast Oil Premiums Gained"
Monday, January 30, 2012
CBS News reported that Kodiak Oil & Gas Corp’s (NYSE:KOG) oil and natural gas production climbed more than 5 times in the fourth quarter.
Read the full article: "Kodiak Oil & Gas’s Oil Production Up..."
Monday, January 30, 2012
Reuters Africa reported that Sudan has set free four tankers loaded with South Sudanese oil.
Read the full article: "Sudan Frees Four South Sudanese Oil Tankers"
Monday, January 30, 2012
Bloomberg reported that oil inched down 0.9 percent on concern that EU leaders may not be successful in resolving the debt crisis.
Read the full article: "Oil Drops 0.9 Percent on Concern EU Debt..."
Monday, January 30, 2012
Reuters reported that according to Saudi Arabia’s Oil Minister Ali al-Naimi, Saudi Arabia has the potential to fulfill any future world oil shortages since its gas output are rising.
Read the full article: "Saudi Arabia Reports It Can Fulfill Any Oil..."
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Wednesday, February 1, 2012