Creator
Edith Balazs
Oil prices gain on rekindled supply concerns
Crude oil prices posted gains on Thursday, a day after plunging nearly , amid renewed concerns about gasoline shortages and supply disruption in Ecuador and Nigeria. ”We do not…
Crude futures retreat after record price
Crude futures edged back on Tuesday after prices had rallied to a new record high at ,27 a barrel. The market was still on watch for potential terrorist threats in Saudi Arabia…
Refinery fires push crude price above $60 a barrel
Back-to-back refinery fires in Texas and Louisiana sent crude futures back above a barrel on Friday as the unplanned outages fanned fears that production may not be able to meet…
Oil prices shoot up past $59 mark
Oil prices climbed on Tuesday on persistent fears that the heating oil supply would run short this winter when demand is expected to peak. Ongoing concerns about United States…