Oil
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NEW YORK, May 25 (UPI) -- Oil prices moved slightly higher Friday morning, with outside influences keeping gains in check, a barrel of crude holding to less than $91. Overnight, the price of West Texas Intermediate for July delivery added 33 ...
May 25, 2012 at 13:40 | Source: United Press International
Mexico, the third-largest supplier of oil to the U.S., paid $1.17 billion last year to lock in prices for 2012 exports at $85 a barrel, a 44 percent increase compared to hedging costs paid the previous year. Mexico’s Central Bank used “the ...
May 25, 2012 at 17:01 | Source: Bloomberg
MILAN, Italy, May 25 (UPI) -- Italian energy company Eni announced it made a "significant" discovery of oil in the Western Desert of Egypt. Eni said it encountered more than 250 feet of net oil pay during drilling operations at its Emry Deep 1X ...
May 25, 2012 at 13:48 | Source: United Press International
As the wind whips across the scrub grass in southern Argentina, a crane unloads huge bags of artificial sand for oil workers preparing for the hydraulic fracturing, or fracking, of a well. Water mixed with chemicals and tiny ceramic beads are then blasted ...
May 26, 2012 at 10:12 | Source: NPR News
NEW YORK — The price of oil dropped below $90 per barrel today, the latest milestone in a weekslong decline brought on by uncertainty surrounding economies from Europe to China. Benchmark U.S. crude fell by $1.95 to end at $89.90 per barrel. Oil has ...
May 22, 2012 at 23:52 | Source: Boston Herald
NEW YORK (Reuters) - Oil prices inched higher on Friday on the lack of progress in negotiations with Iran over its disputed nuclear program and a rise in U.S. consumer sentiment, even as crude futures headed for a fourth straight weekly loss as ...
May 25, 2012 at 16:54 | Source: msnbc.com
May 25 (Reuters) - Mexico's oil exports fell in April compared to a month earlier, following a trend of lower shipments from the world's No. 7 oil producer, state oil monopoly Pemex said on Friday. The country exported 1.243 million barrels per ...
May 25, 2012 at 18:41 | Source: Reuters
NEW YORK May 25 (Reuters) - Shale oil and natural gas-focused producer Continental Resources Inc said on Friday it named Kirk Kinnear as its new vice president of oil marketing logistics. Kinnear takes on the responsibility for ensuring the ...
May 25, 2012 at 16:32 | Source: Reuters
LONDON, May 25 (Reuters) - Demand for advanced water-treatment technology is set to surge over the next decade, due largely to the oil, gas and mining industries seeking to increase efficiency and meet regulatory and social responsibility ...
May 25, 2012 at 15:56 | Source: Reuters UK
Oil rose on reports showing that U.S. consumer confidence gained and the United Nations' atomic agency found evidence Iran boosted its output of enriched uranium that could be used for a nuclear weapon, Bloomberg reports. Bloomberg said futures ...
May 25, 2012 at 19:24 | Source: NASDAQ