Tag: Oil

Falling Gasoline Hurts Exxon Plan for U.S. Crude Exports

Exxon Mobil Corp. (XOM)’s push to export U.S. oil overseas is facing a new hurdle: falling gasoline prices.

Iran Deal Weakens U.S. Oil

Progress towards a deal between Western nations and Iran meant to curb the latter country's nuclear program caused...

[Warren Buffett]

Buffett Places Third Bet on U.S. Oil Transport

Warren Buffett has plunked down $1.4 billion worth of Berkshire Hathaway (BRK-A) shares in exchange for full ownership...

Oil Falls as Investors Await Fed Announcement

As investors wait for an announcement from this week's Federal Reserve meeting, oil fell today, reversing gains made...

U.S. Oil and Natural Gas Marching to its Own Beat

The Energy Information Administration (EIA) announced Monday that U.S. production of oil and natural gas should continue at...

IEA Boosts 2014 Global Oil Demand Forecast on U.S. Recovery

Global oil demand in 2014 will top previous forecasts, with U.S. consumption rebounding to its strongest level in...

Oil Declines on Iran Deal

Not everyone was happy to see Iran sign the nuclear non-growth treaty placed in front of it yesterday....

Surf the Slick: Oil Powers Higher Still; Greenback Comeback?; ISS Surprises Boosts Dell’s Desire to Reclaim Company

Even though Egyptian President Morsi has been ousted, little has been done to stop the runaway prices associated...

48 Hours to Oil Price Jump?; Goldman Drops a Brick on BRIC; Manhattan Real Estate Demand Rising Sky High

With civil unrest growing in Egypt, the world’s concern for the people in the Middle East trails only...

New Pipelines Opening in Texas; Home Foreclosures Not a Thing of the Past; Longtime Rivals Find Middle Ground on Cloud

The first of seven new oil pipelines came online yesterday, carrying oil from choke points in Oklahoma and...