”Phil Flynn” News

Oil prices top $78 a barrel - double the cost of a year ago

New York – Energy traders are blaming the cold weather for a late-year rise in the prices of crude oil and natural gas . Yes, the freeze that has extended from the Midwest to
12 25 2009 7:21PM (...more)

Oil prices mixed as US services sector recovers

NEW YORK (AFP) – Oil prices were mixed Monday after fresh data showed that the US services sector grew in September for the first time in a year, raising recovery hopes in the world's biggest energy consuming nation. New
10 6 2009 5:26AM (...more)

Oil prices firm as tensions on Iran rise

NEW YORK (AFP) – Oil prices rose Friday as rekindled tensions over Iran's nuclear program overshadowed concerns about energy demand and the pace of economic recovery. New York's main contract, light sweet crude for
09 26 2009 10:30AM (...more)

U.S. ethanol group wants origin labeling for oil

NEW YORK (Reuters) – A U.S. ethanol industry group is pushing lawmakers to craft legislation requiring gasoline filling stations to inform customers what country their fuel came from in hopes of increasing awareness about money
09 2 2009 1:09AM (...more)

Oil prices recover slightly

LONDON (AFP) – Oil recovered somewhat on Tuesday but stubborn pessimism over the weak global economy will keep a lid on further price gains, analysts said. In early London trading, Brent North Sea crude for August
07 15 2009 3:56PM (...more)

Oil prices slip in murk of recovery worries

NEW YORK (AFP) – Oil prices slipped Monday as the market remained focused on a gloomy economic outlook that could further curb energy demand. New York's main contract, light sweet crude for delivery in August, slipped
07 15 2009 4:47AM (...more)

Crude settles higher as pump prices fall again

Oil prices moved higher Tuesday as traders tried to get a handle on whether weak, short-term demand for crude could eventually push prices down. Drivers found gasoline pump prices sliding still lower after a month of declines. Benchmark crude for July delivery rose 55 cents to settle at
07 6 2010 7:25PM (...more)

Wolves take F Wesley Johnson at No. 4

MINNEAPOLIS – The Minnesota Timberwolves addressed their biggest need immediately in the NBA draft on Thursday night, selecting Syracuse forward 07 3 2010 4:54PM (...more)

Crude settles higher as pump prices fall again

Oil prices moved higher Tuesday as traders tried to get a handle on whether weak, short-term demand for crude could eventually push prices down. Drivers found gasoline pump prices sliding still lower after a month of declines. Benchmark crude for July delivery rose 55 cents to settle at
06 27 2010 6:41PM (...more)

Oil prices ease before US inventory data

LONDON (AFP) – Oil prices fell slightly on Wednesday ahead of data on US energy stockpiles and amid expectations that a spike in heating fuel demand caused by cold weather across the 01 7 2010 6:57AM (...more)