Energy Information Administration
Oil price rises toward $85 amid Iranian supply shortage
Oil prices on Thursday rose close to $82 a barrel amid fears of a supply shortage as the U.S. prepares…
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Dollar bulls take a break as greenback tumbles to two-week low
The United States dollar tumbled to a two-week low against a basket of major currencies late Wednesday after the US…
Decline in US crude stock shores up oil prices for second consecutive time
Oil prices edged higher for the second consecutive time Wednesday following information that the U.S. crude inventories dropped lower than…
Oil prices gain on anticipation of U.S. sanctions on Iran amidst global demand
Oil prices rose on Friday on concern that U.S. sanctions against Iran would remove a substantial volume of crude oil…
Crude oil prices decline as increasing shale production forces profit-taking
Crude prices sank lower on Monday as increasing shale production and an apparent lull in Middle East tensions convinced traders…
Investors renew inflows into industrial commodities as Chinese factory activity firms oil prices
Oil paced up on Wednesday as strong Chinese factory activity renewed investor inflows into industrial commodities such as copper, although…
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