-- MARKET WATCH: Crude drops $4/bbl in mixed market The New York market's front-month crude contract fell more than $4/bbl Mar. 31 as traders sold off a wide range of commodities in apparent profit taking at the end of this year's first quarter.
-- WorleyParsons to buy Intec Engineering Australian engineering firm WorleyParsons Ltd. plans to acquire Intec Engineering BV from Heerema Group for $108.5 million in a transaction expected to close Apr. 16.
-- MARKET WATCH: Crude prices jump as US economy softens The near-month crude futures contract escalated by nearly $4/bbl Apr. 2 on the New York market as traders ignored a big increase in US oil inventories and focused on signs of a weakening US economy.
-- Senate panel to examine non-commercial impacts on oil prices The Senate Energy and Natural Resources Committee will hold a hearing to examine the influence of non-commercial, institutional investors on crude oil prices Apr. 3 at 9:30 a.m. in Room 366 of the Dirksen Senate Office Building.
-- Senators offer bill to extend alternative fuel incentives Noting that time is running short, US Sens. Maria Cantwell (D-Wash.) and John Ensign (R-Nev.) introduced legislation on Apr. 3 to extend financial incentives for renewable and alternative energy programs for 1 year.
-- MARKET WATCH: Gas prices fall as winter ends The May natural gas futures price fell Apr. 3 as a smaller-than-expected draw left 1.25 tcf of gas in US underground storage at the end of the winter heating season.