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Oil prices

Oil prices rose on growing evidence of falling crude exports from Iran, OPEC’s third-largest producer, before the imposition of new U.S. sanctions and a partial shutdown in the Gulf of Mexico because of Hurricane Michael. more

Refining/Petrochemical

Crude futures steadied after climbing to four-year highs earlier this week, and both Brent and U.S. crude marked weekly gains ahead of U.S. sanctions on Iranian oil exports. more

Refining/Petrochemical

As a result of record-high temperatures and fuel supply constraints this summer, wholesale electricity prices in the western United States reached their highest levels since 2008. more

Power Generation

Oil prices rose on Tuesday as U.S. sanctions squeezed Iranian crude exports, tightening global supply despite efforts by Washington to get other producers to increase output. more

Drilling & Exploration

Oil prices dipped on Monday as trade tensions and troubled emerging markets dented the outlook for fuel demand, though U.S. sanctions against Iran pointed towards tighter supply ahead. more

Refining/Petrochemical

Oil prices rose on Tuesday with revived U.S. sanctions against major crude exporter Iran expected to tighten global supply. more

Refining/Petrochemical

Oil prices rose on Monday on worries over supply after tensions worsened between Iran and the United States, while some offshore workers began a 24-hour strike on three oil and gas platforms in the British North Sea. more

Refining/Petrochemical

Oil prices were set for a second straight week of decline on Friday after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions. more

Refining/Petrochemical

Oil prices hit new multi-year highs on concerns that Iranian exports could fall because of renewed U.S. sanctions, reducing supply in an already tightening market. more

Refining/Petrochemical

Oil prices rose more than 3 percent on Wednesday to 3-1/2 year highs, after U.S. President Trump abandoned a nuclear deal with Iran and announced the “highest level” of sanctions against the OPEC member. more

Refining/Petrochemical

Oil prices rose to their highest levels since late 2014 on Monday, boosted by the latest troubles for Venezuelan oil company PDVSA and a looming decision on whether the United States will re-impose sanctions on Iran. more

Refining/Petrochemical

Oil prices rose on Friday stayed below recent highs as global supplies remained tight and the market awaited news from Washington on possible new U.S. sanctions against Iran. more

Refining/Petrochemical

Oil prices slipped on Thursday as swelling U.S. crude inventories and record weekly U.S. production clashed with OPEC supply cuts and the potential for new U.S. sanctions against Iran. more

Refining/Petrochemical

Oil rose above $75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC-led production cuts, strong demand and the prospect of renewed U.S. sanctions on Iran. more

Refining/Petrochemical

Oil prices kept rising to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters that top exporter Saudi Arabia aims to push prices even higher. more

Refining/Petrochemical

Oil hit its highest in more than three years on Wednesday after U.S. President Donald Trump threatened to fire missiles at Syria in response to a suspected chemical attack last week. more

Refining/Petrochemical

Oil prices slipped on Thursday as another rise in U.S. inventories and production outweighed the prospect of OPEC sticking to its output curbs for the rest of the year. more

Refining/Petrochemical

Crude oil futures slipped on Monday, but a rebound in stock markets and escalating Saudi-Iran tensions capped losses. more

Refining/Petrochemical

Oil rose for a second day on Wednesday, nearing its highest in six weeks after a surprise decline in U.S. inventories and as concern persisted over possible disruption to Middle East supply. more

Refining/Petrochemical

The market narrative consuming crude oil markets currently is the interplay between supply cuts by OPEC and its allies and rising U.S. shale output, with a side helping of Chinese imports driving demand. more

Refining/Petrochemical

Heading into the 2018 Memorial Day weekend, regular gasoline prices averaged $2.92 per gallon (gal) nationally on May 21, up from last year’s price of $2.40/gal before the holiday weekend. more

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