crude oil
Global Emissions Hit Record as Energy Demand Boosts Fuel Use
Qilai Shen/Bloomberg News
Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India.
March 26, 2019Oil Falls From Four-Month High on Concerns of Economic Slowdown
Al Seib/Los Angeles Times
Oil fell from its highest closing level in four months in New York as signs of a slowing global economy stirred concerns about fuel demand.
March 22, 2019Oil Rises After OPEC Reaffirms Commitment to Production Cuts
Bloomberg News
Oil in New York rose to the highest level this year after OPEC and its partners agreed to go beyond their pledged supply curbs in the coming months.
March 19, 2019US Cuts Oil Production Forecast for First Time in Six Months
Brittany Sowacke/Bloomberg News
The U.S. government cut its oil production forecast for the first time in six months as drillers scale back in smaller shale plays and the U.S. Gulf of Mexico.
March 13, 2019Asia Remained Top US Oil Buyer in 2018 Despite China Trade Row
Simon Dawson/Bloomberg News
Asia more than doubled its intake of American crude oil last year even as Beijing and Washington were embroiled in a bitter trade war.
March 7, 2019Canadian Oil Industry Takes Fresh Hit With Key Pipeline Delay
David Wilson/Flickr
Canada’s already beaten-down oil industry is facing a fresh setback as regulatory issues bog down another key pipeline project.
March 4, 2019Oil Imports at 23-Year-Low, Output Hits Another Record
Getty Images
The United States imported the least amount of crude oil on a weekly basis in 23 years, as OPEC-members Saudi Arabia and Venezuela cut their shipments to unusually low levels.
February 27, 2019Bill to Reshape Colorado Oil, Gas Regulations Coming Soon, Democrats Say
Fracking taking place in Colorado. (Matthew Staver/Bloomberg News)
Tighter rules on Colorado oil and gas development struck out at the ballot box in November and at the state Supreme Court in January. Now, Democrats, who control the Legislature, plan to introduce a sweeping bill to redefine the Colorado Oil & Gas Conservation Commission’s mission to emphasize public health and safety.
February 25, 2019Crude Dragged Lower as US Production Hits Record
Christophe Viseux/Bloomberg News
Oil declined for the first time in more than a week after U.S. government data showed an increase in crude stockpiles and production, and as the commodity tracked moves in the equity market.
February 21, 2019Alberta Expects $1.7 Billion Profit From Crude-by-Rail Operation
James MacDonald/Bloomberg News
Alberta is preparing a giant crude-by-rail operation to help its oil-sands producers cope with a pipeline crunch, and it expects a big profit from the venture.
February 20, 2019