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  1. DOE to resume purchases for SPR in wake of crude oil price plunge

    Online Articles

    Fri, 9 Jan 2009

    The US Department of Energy plans to take advantage of the recent crude oil price decline and resume filling the Strategic Petroleum Reserve, it announced on Jan. 2. It said that it issued a solicitation to

  2. EIA: OPEC’s actions bring huge uncertainty on crude oil price forecast

    Online Articles

    Wed, 12 Nov 2014

    in 2015, $18/bbl lower than forecast in last month’s STEO. “There is significant uncertainty over the crude oil price forecast because of the range of potential supply responses from the Organization of Petroleum Exporting Countries

  1. MARKET WATCH: Hurricane Isaac raises benchmark crude oil price

    Online Articles

    Wed, 29 Aug 2012

    today [Aug. 29]. Some support for crude has crept in from a marginally weaker dollar this morning, although the crude oil price is still struggling to regain the $112/bbl mark.” As far as the oil industry is concerned, Raymond James analysts said

  2. MARKET WATCH: NYMEX crude oil price for August briefly dips below $50/bbl

    Online Articles

    Tue, 21 Jul 2015

    Light, sweet crude oil prices briefly dropped below $50/bbl on the New York market on July 20 for the first time since April but regained some support to settle at $50.15/bbl—the lowest settlement since Apr. 2.

  3. MARKET WATCH: Front-month crude oil price drops to lowest settlement since April

    Online Articles

    Thu, 16 Jul 2015

    Light, sweet crude oil prices dropped more than $1/bbl on the New York and London markets July 15, dipping to their lowest settlement since early April on concerns about Iranian oil eventually adding to an already oversupplied world oil market.

  4. MARKET WATCH: NYMEX, Brent crude oil price fall on Greece’s debt concerns

    Online Articles

    Mon, 22 Jun 2015

    US crude oil futures for July delivery dropped back below $60/bbl on the New York market in June 19 trading, and analysts said concerns over Greece contributed to Brent crude oil prices falling more than $1/bbl on the London market that same day.

  5. MARKET WATCH: NYMEX crude oil price climbs above $60/bbl

    Online Articles

    Wed, 6 May 2015

    Crude oil prices for June delivery topped $60/bbl on the New York market May 5, and the upward momentum continued in early trading May 6 when prices reached $62/bbl for the first time since December 2014.

  6. MARKET WATCH: NYMEX crude oil price drops on inventory build

    Online Articles

    Thu, 23 Apr 2015

    Crude oil prices for June delivery dropped modestly on the New York market on Apr. 22 to remain above $56/bbl for June delivery following another reported increase in US oil and product inventories. Meanwhile, statistics indicated slower manufacturing activity in China, a major oil consumer, last

  7. MARKET WATCH: NYMEX crude oil price jumps more than $2/bbl

    Online Articles

    Fri, 13 Feb 2015

    Crude oil prices on the New York market jumped by more than $2/bbl Feb. 12 to settle above $51/bbl, which analysts attributed to more oil and gas companies cutting their budgets as well as an announced ceasefire agreement between Russia separatists and Ukrainian forces.

  8. EIA: Brent crude oil price stability continues

    Magazine Articles

    Mon, 1 Sep 2014

    Spot prices of Brent crude oil averaged $107/bbl in July, marking the 13th consecutive month in which the average price has ranged $107-112/bbl.

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