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• 03/28/2011 -- Crude price forecasts climb
  Barclays Capital in London expects oil prices to average $106/bbl for West Texas Intermediate and $112/bbl for North Sea Brent this year, up from a December forecast of $91/bbl each, and climb to $185/bbl and $184/bbl, respectively, in 2020.
• 03/21/2011 -- War, disaster jolt oil markets
  Like some Biblical curse, war and natural disaster rode roughshod over world oil markets in late March as the North Atlantic Treaty Organization enforced a no-fly zone in Libya while Japan struggled to regain control of its nuclear power plants and economy damaged by a massive earthquake and tsunami.
• 03/14/2011 -- Japan quake scrambles market
  Crude prices dropped $2-3/bbl Mar. 11 at initial reports a massive earthquake and tsunami hit Japan—“the sixth-largest earthquake recorded anywhere in the world since 1900 and the largest to hit Japan since records began in the 1870s,” said analysts at the Centre for Global Energy Studies (CGES), London.
• 03/07/2011 -- MENA strife lifts crude to 2-year high
  Fighting in Libya and general unrest in the Middle East and North Africa sent the price of crude above $102/bbl Mar. 2 in the New York market—“the first time in more than 2 years” the front-month contract closed above $100/bbl, said analysts in the Houston office of Raymond James & Associates Inc.
• 02/28/2011 -- Libyan fight favors refiners
  In the last full week of February, front-month crude posted the largest weekly gain in 2 years in the New York market as turmoil in Libya shut in 850,000 b/d of crude production.
• 02/21/2011 -- Volt vehicle lags on green list
  In another indication that Chevrolet’s hybrid-electric Volt might become the next Edsel-size automotive disaster, the car barely placed in the recent American Council for an Energy Efficient Economy’s (ACEEE) annual Green Book ratings of the most environmental friendly vehicles, coming in last at unlucky 13.
• 02/14/2011 -- Brent tops WTI as benchmark
  As the international benchmark other crudes are priced against, “West Texas Intermediate is dead, long live North Sea Brent,” said analysts in the Houston office of Raymond James & Associates Inc.
• 02/07/2011 -- Weaker payroll data lower oil prices
  Energy prices fell Feb. 4 with North Sea Brent dropping below $100/bbl in London and West Texas Intermediate down to less than $90/bbl in New York, partly in response to weaker-than-expected US payroll data.
• 01/31/2011 -- Egyptian riots lift oil prices
  After waffling all week, the March contract for West Texas Intermediate shot up $3.70 to $89.34/bbl Jan. 28 on the New York Mercantile Exchange as civil unrest in Egypt put Wall Street in a panic.
• 01/24/2011 -- US should reduce distillate stocks
  The US needs to “export more distillates or cut refinery production” before Gulf Coast stocks become “difficult to manage,” said Olivier Jakob at Petromatrix, Zug, Switzerland.