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Crude Oil Price

Crude Oil Price news and technical articles from Oil & Gas Journal. Search Crude Oil Price latest and archived news and articles

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

    Article

    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. MARKET WATCH: Crude oil price declines for fifth straight session

    Article

    Wed, 9 May 2012

    Crude oil prices continued falling for the fifth consecutive session, with the front-month contract down 1% May 8 in a mixed New York futures market amid suggestions Saudi Arabia may release more oil to help reduce prices.

  1. MARKET WATCH: Crude oil price climbs in strong rally

    Article

    Tue, 3 Apr 2012

    The price of crude oil climbed 2.1% in a strong rally Apr. 2. Natural gas also rose 1.2% in the New York futures market, but in the cash market gas hit a 10-year low.

  2. MARKET WATCH: Unexpected inventory decline boosts crude oil price

    Article

    Thu, 22 Mar 2012

    The new front-month contract for benchmark US crude oil rebound by 1.5% Mar. 21 in the New York market following a government report of an unexpected draw last week from commercial inventories.

  3. MARKET WATCH: Crude oil price dips but gas price escalates

    Article

    Wed, 15 Feb 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 of greater utility turnarounds.

  4. MARKET WATCH: Crude oil price rises as stock market rallies

    Article

    Mon, 5 Dec 2011

    The stock market rallied Dec. 2, posting its highest weekly gain in 3 years as central banks moved to resolve liquidity issues in Europe, but petroleum prices increased only moderately.

  5. MARKET WATCH: Crude oil price fluctuates with outlook for resolving EU crisis

    Article

    Fri, 21 Oct 2011

    There was virtually no reaction in oil markets Oct. 20 to news of the death of Libyan dictator Moammar Gadhafi, with the price of crude moderately lower in New York as traders focused on the continuing feud between Germany and France over the Euro-zone debt crisis, signaling greater interest in ...

  6. MARKET WATCH: Crude oil price climbs, touching $100/bbl in NY

    Article

    Fri, 22 Jul 2011

    Crude oil prices climbed for the third consecutive session July 21, with the new front-month September contract temporarily topping $100/bbl during intraday trading in the New York market.

  7. MARKET WATCH: Crude oil price rebounds; winter prospects lift gas prices

    Article

    Mon, 17 Oct 2011

    The front-month crude oil contract rebound Oct. 14, wiping out losses from the previous 2 days to challenge market resistance at $87/bbl in New York, while natural gas rallied 5% on the prospects of colder weather and short covering.

  8. MARKET WATCH: Crude oil price slips lower as China raises interest rate

    Article

    Thu, 7 Jul 2011

    Energy commodity prices were mixed July 6, with crude slipping lower in the New York market after the People's Republic of China announced another increase in the yuan benchmark interest rate as of July 7 ahead of the official June consumer price index (CPI) data release on July 15.