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Brent dips below $106 as focus back on demand, stocks
Reuters* Investors eye June 18-19 U.S. Fed meeting, seeking clarity * Prices likely to trade inside "zones of resistance" * Impact of Iran presidential elections still unclear By Luke Pachymuthu SINGAPORE, June 17 (Reuters) - Brent crude futures traded below...Tags: Barack Obama, Syrian Civil War (2011 - present ), Vladimir Putin, Weather, Tehran (Iran)
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Letters: Moneyed polluters vs. climate scientists
Re "Warning on greenhouse gases," June 11 The International Energy Agency, "an independent research group established by the world's most-industrialized nations," has sounded a warning on the perils of climate change if greenhouse gas emissions remain...Tags: Global Warming, Science and Technology, Environmental Issues
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Missouri lawyer brings nuisance-suit strategy to Pennsylvania fracking case
Six Pennsylvania families who sued Chevron and other companies over hydraulic fracturing-related claims have turned to a Missouri lawyer who has used nuisance allegations to win cases against commercial animal feed operations. The Fayette County...Tags: Business Enterprises, Breach of Contract, Fayette County, Laws, Trials
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Brent slips from near $105 on ample U.S. inventory, weak outlook
Reuters* U.S. data show underlying econ strength, but high inventories weigh * IEA says U.S. summer gasoline demand won't arrest falling consumption * Brent bounces more than $3 a barrel from week's low * Dollar in the doldrums after slumping to a fresh 4-...Tags: Foreign Exchange Market, Barack Obama, White House, Petroleum Industry, Inventories
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Iran oilfields could spring back from Western sanctions
Reuters* Production has plunged 1 million bpd on sanctions * Output could recover to 3 mln bpd in months post-sanctions * Shutdowns help oil reservoirs, but capacity still eroded By Peg Mackey LONDON, June 13 (Reuters) - Iran's oilfields will be able to...Tags: Petroleum Industry, Saudi Arabia, Iraq, Iran, Global Energy Incorporated
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Brent slips towards $103 on demand worries; weak dollar aids
Reuters* Dollar wallows near four-month lows, supporting commodities * U.S. East Coast gasoline stocks at highest since Feb 2012 * Coming Up: U.S. Retail sales for May; 1230 GMT By Manash Goswami SINGAPORE, June 13 (Reuters) - Brent futures slipped towards...Tags: Foreign Exchange Market, Petroleum Industry, Weather Reports, Inventories, Federal Reserve
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GLOBAL MARKETS-Shares, dollar retreat on central bank worries
Reuters* World share markets retreat as monetary policy concerns weigh * Government bond prices slip * Oil gains despite report showing rising inventories By Herbert Lash NEW YORK, June 12 (Reuters) - The dollar and world equity markets retreated on...Tags: Inventories, Central Bank, Stock Activities, Financial Markets, Stock Market
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COMMODITIES-Oil, metals rebound; coffee, corn tumble
Reuters* Oil and gold rise by half a pct, copper 1 pct * Coffee at Sept 2009 lows on supply glut fears * Corn down as USDA crop reduction below expectations By Barani Krishnan NEW YORK, June 12 (Reuters) - Oil, copper and gold prices rose on Wednesday,...Tags: U.S. Department of Agriculture, Economy, Business and Finance, Finance, Metal and Mineral, Petroleum Industry
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EU to levy 4.7 percent duty on jet fuel imports from Mideast
ReutersLONDON (Reuters) - The European Union will impose a 4.7 percent duty on jet fuel imports from the Middle East starting next year, officials said on Wednesday, in a move that could significantly increase costs for the EU's embattled airlines. Last month,...Tags: Saudi Arabia, Politics, European Union, International Organizations
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GLOBAL MARKETS-Shares, dollar recover after steep sell-off
Reuters* World shares edge higher as investors seek bargains * Dollar gains 0.5 pct against yen, off lows vs euro * Oil, gold steady as Fed intentions eyed By Herbert Lash NEW YORK, June 12 (Reuters) - The dollar, world equity markets and crude oil edged...Tags: Central Bank, Stock Activities, Financial Markets, Stock Market, S&P 500
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Summer driving boost won't stop U.S. gasoline demand decline: IEA
ReutersLONDON (Reuters) - The seasonal rise in U.S. gasoline demand for summer driving will not arrest falling consumption on an annual basis, the International Energy Agency said on Wednesday. "Given recent signs of recovery in U.S. gasoline demand growth,...Tags: Petroleum Industry, Weather Reports, Weather
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Oil product glut coming as refineries mushroom: IEA
ReutersLONDON (Reuters) - The world is heading for a glut of refined products as new Asian and Middle East refineries increase oil processing in a move likely to force less advanced competitors in developed countries to close, the West's energy agency said on...Tags: Dwayne Johnson, Petroleum Industry, Saudi Arabia, Global Expansion, Iran
Jun 16, 2013
|Story| Reuters
Jun 16, 2013
|Story| Los Angeles Times
Jun 13, 2013
|Story| Allentown Morning Call
Jun 13, 2013
|Story| Reuters
Jun 13, 2013
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Jun 12, 2013
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Jun 12, 2013
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Jun 12, 2013
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Jun 12, 2013
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