Energy Services

Brent crude rose toward $109 on Tuesday as fighting in Libya continued and in anticipation of a fall in U.S. crude stockpiles. read more →

Oil advanced after U.S. retail sales climbed in July by the most in four months, signaling that spending in the world’s biggest crude-consuming country is holding up. read more →

Oil prices rose on Tuesday as President Barack Obama urged Republican and Democratic leaders to reach a fair compromise on raising the United States’s debt ceiling to avoid the first default in the country’s history. read more →

Oil gained on Tuesday, lifted by expectations that inventories in the world’s top consumer fell for a seventh week, while it was also supported by dollar weakness. read more →

Oil futures were higher on Thursday, after a government report showed U.S. crude oil inventories fell last week. read more →

Ongoing tightening of liquefied natural gas (LNG) markets will lead to rising UK gas prices and result in a reconnection between spot markets and oil-indexed prices in Europe, Goldman Sachs said on Thursday. read more →

Oil prices fell on Wednesday as China raised interest rates and Moody’s cut Portugal’s credit rating to “junk” status, fuelling fears about the sustainability of global economic recovery. read more →

Oil rose in New York on speculation U.S. fuel demand will increase and as OPEC clashed with the International Energy about the need for more oil. Brent’s premium to New York oil widened. read more →

Oil fell in New York before a U.S. government report today that may show that stockpiles of crude declined less than analysts forecast last week, raising skepticism about growth in the world’s biggest economy. read more →

Oil rose from the lowest in almost four months in New York amid speculation yesterday’s 4.6 percent slump was exaggerated and on signs Chinese demand will increase. read more →