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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 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.

  3. 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

  4. MARKET WATCH: NYMEX crude oil price slides below $61/bbl

    Online Articles

    Thu, 11 Dec 2014

    Crude oil prices fell below $61/bbl for January delivery on the New York market Dec. 10 after the Organization of Petroleum Exporting Countries lowered its 2015 world oil demand growth forecast and after a weekly US government report showed a build in crude oil supplies.

  5. 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.

  6. MARKET WATCH: NYMEX crude oil price extends slump

    Online Articles

    Fri, 12 Dec 2014

    Crude oil prices extended their slump on the New York market with a Dec. 11 settlement of less than $60/bbl for January, and prices continued downward in early Dec. 12 trading after the International Energy Agency cut its global oil demand growth forecast for 2015.

  7. 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.

  8. EIA: Brent crude oil price stability continues

    Online Articles

    Thu, 21 Aug 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. Compared with the volatility seen as recently as 2 years ago when Brent spot prices ranged as high as $125/bbl in March 2012 to as low as $95/bbl in June

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