Petroleum companies are facing the hardest time with its biggest two-day drop in 17 years. Crude oil fell over $4 a barrel on Wednesday. A surprise increase as the government announced and showed the data, especially in The U.S. James Williams, an economist at energy research firm WTRG Economics, said that If there is [...]

EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum [...]

Crude-oil inventories fell last week for the fifth straight week, while gasoline stockpiles unexpectedly dropped.
For the week ended June 13, crude-oil inventories fell by 1.2 million barrels, or 0.4 percent, to 301 million barrels — 14.2 percent below year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.
Analysts expected a larger draw [...]

Crude oil inventories fell by 4.6 million barrels last week to 302.2 million barrels — 13.5 percent below year-ago levels, the Energy Department’s Energy Information Administration (EIA) said in its weekly report.
Analysts expected a draw of only 1.4 million barrels, accorgding to a survey by Platts, the energy research arm of McGraw-Hill Cos.
Gasoline inventories rose [...]

Crude-oil inventories dropped last week for the third straight period, down by 4.8 million barrels to 306.8 million barrels — 11.8 percent below year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.
Analysts expected a gain of 2.7 million barrels, according to a survey by Platts, the energy research arm of McGraw-Hill [...]

Crude-oil inventories fell unexpectedly last week for the second straight period. But government data suggests it is probably not because demand has risen, and that helped push crude prices down.
For the week ended May 23, crude-oil inventories shrank by 8.8 million barrels, down 2.7 percent from the previous week, to 311.6 million barrels, the Energy [...]

A new report from Cambridge Energy Research Associates (CERA) says the cost of building a new power plant has more than doubled since 2000.
Wind energy showed the biggest rise in costs — 6 percent since the third quarter of 2007 and 108 percent since 2000 — as rising demand for wind turbines boosted equipment costs [...]

Crude-oil inventories fell unexpectedly last week after four straight weeks of gains.
For the week ended May 16, crude-oil inventories dropped by 5.4 million barrels to 320.4 million barrels, which is 6.5 percent below year-ago levels, the Energy Department’s Energy Information Administration (EIA) said in its weekly report.
Analysts expected a gain of 900,000 barrels, according to [...]

In its weekly report, the Energy Department’s Energy Information Administration (EIA) said gasoline inventories fell by 1.7 million barrels, or 0.8 percent, to 210.2 million barrels last week — 5.9 percent above year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.
Analysts expected stockpiles of gasoline to fall by only 800,000 barrels, [...]

Oil prices steadied Wednesday above $113 a barrel after setting a record on growing concerns about insufficient global supply.
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Oil surged to an all-time high of $114.08 a barrel Tuesday after a high-profile report by the International Energy Agency said Russian oil production dropped this year for the first time in a decade.
Analysts said growing investor [...]