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Commodity News
Oil nudges lower but set for weekly gain on demand recovery hopes
Oil was modestly lower on Friday but headed for a weekly gain as a stronger demand outlook and signs of economic recovery in China and the United States offset concerns about rising COVID-19 infections in other major economies. Read more
Apr 16, 2021
Is a central natural gas clearinghouse the answer for Texas and future winter storms?
Texas should consider a central clearinghouse around natural gas and electricity stated Bob Herman, executive vice president of Phillips 66, in case of future cold weather events like the recent winter storm. Read more
Apr 12, 2021
API shows U.S. crude stocks rise, gasoline falls
U.S. crude oil stocks rose and gasoline inventories fell in the most recent week, according to trading sources citing data from industry group the American Petroleum Institute. Read more
Mar 31, 2021
