Economics & Oil Market News

Oil costs, taxes still key gasoline price components, says API

Feb 22, 2012

Crude oil costs and taxes are still bigger influences than refinery production and product exports in gasoline price increases, American Petroleum Institute Chief Economist John C. Felmy said.

MARKET WATCH: Iran, Greek concerns boost crude oil prices

Feb 22, 2012 The front-month contract for crude oil soared above $106/bbl in a late rally Feb. 21 in the New York market before closing slightly lower. Natural gas fell, however, ending a two-session resurgence.

MARKET WATCH: Gas price falls, crude prices climb after holiday

Feb 21, 2012

There was no floor trading on the New York Mercantile Exchange and no closing prices on either NYMEX or the oil and gas spot markets Feb. 20 due to the Presidents’ Day holiday in the US.

INGAA Foundation study outlines midstream gas development pluses

Feb 21, 2012 A study commissioned by the INGAA Foundation concluded that $229.1 billion in projected US midstream oil and gas investments and operations and maintenance outlays through 2035 would support an ave...

MARKET WATCH: Natural gas, crude oil prices climb in mixed New York market

Feb 20, 2012

Natural gas prices escalated, crude futures continued to climb, but refined products fell in mixed markets Feb. 17 ahead of the President’s Day holiday in the US on Feb. 20.

MARKET WATCH: Natual gas price rebounds 6%; oil continues to rally

Feb 17, 2012 The front-month natural gas contract rebound 6% Feb. 16 on a bullish inventory report, and crude climbed above $102/bbl in New York as reduced claims for unemployment benefits and new hope for the ...

MARKET WATCH: False tale of Iran cutting exports lifts oil prices

Feb 16, 2012 Crude oil climbed above $102/bbl in intraday trading Feb. 15 in the New York market on a report Iran was cutting oil exports to Europe but closed in the green at a slightly lower level after Irania...

MARKET WATCH: Crude oil price dips but gas price escalates

Feb 15, 2012 The front-month crude contract posted a modest loss Feb. 14 in the New York market when an end-of-session rally failed to lift it out of the red. However, natural gas regained 4.4% on the prospect ...

MARKET WATCH: Crude rebounds above $100/bbl on new hope for Greece

Feb 14, 2012 The price of crude oil rebound above $100/bbl Feb. 13 on the New York market on hopes that a newly approved austerity program in Greece might save that country’s economy and pave the way to a Europ...

MARKET WATCH: Energy prices fall in mixed market

Feb 13, 2012

Energy prices fell Feb. 10 on a combination of profit-taking from the previous rally and market concerns as negotiations of Greek austerity measures again stalled.

Oil & Gas Webcasts

On Demand

Annual Midyear Forecast

A review of OGJ’s Midyear Forecast from the July 4, 2011, issue with a discussion of economic, market, and political developments that have occurre...
Sponsored by

Integrated Operations & Maintenance: A Step Change to Improve Productivity & Mitigate Operational Risk

West Engineering Services and IBM will discuss how the oil & gas companies are driving toward both greater productivity and reduced risk throug...
Sponsored by
IBM

OGJ Annual Forecast & Review Webcast 2011

Oil & Gas Journal Editor Bob Tippee discusses key influences in the global and US oil markets based on data published in the annual Forecast an...
Sponsored by

Oil Market Indices

Oil & Gas White Papers

Advertisement

Oil & Gas Conferences

  • List View
Event Title Date Type

Offshore Asia Conference & Exhibition

February 21, 2012

Subsea Tieback Forum & Exhibition

March 06, 2012

Offshore Middle East Conference & Exhibition

January 21, 2013
ogj horizontal rule