Oil prices remained on the decline Thursday, trading at levels not seen since early February as the commodity continued to lose traction after data showed a surprise jump in U.S. crude-oil stocks, and as investors ratcheted down their concerns over Ukraine.
Crude oil for April delivery fell 50 cents, or 0.5%, to $100.95 a barrel, the lowest level since Feb. 13, according to FactSet data. On Wednesday, crude prices settled under $102 a barrel, also the lowest level in more than three weeks.
Wildlife worries cause solar-project reassessmentRegulators are having second thoughts about approving new solar projects due to growing evidence tower-and-mirror solar technology is killing birds.
On the ICE Futures exchange, Brent crude for the same month was flat at $107.76 a barrel, erasing earlier losses.Oil was still taking a hit from Wednesday’s U.S. Energy Information Administration data that reported rising stockpiles -- 1.4 million barrels for the week ended Feb. 28. Gasoline saw an inventory reduction of 1.6 million barrels
Crude oil for April delivery fell 50 cents, or 0.5%, to $100.95 a barrel, the lowest level since Feb. 13, according to FactSet data. On Wednesday, crude prices settled under $102 a barrel, also the lowest level in more than three weeks.
Wildlife worries cause solar-project reassessmentRegulators are having second thoughts about approving new solar projects due to growing evidence tower-and-mirror solar technology is killing birds.
On the ICE Futures exchange, Brent crude for the same month was flat at $107.76 a barrel, erasing earlier losses.Oil was still taking a hit from Wednesday’s U.S. Energy Information Administration data that reported rising stockpiles -- 1.4 million barrels for the week ended Feb. 28. Gasoline saw an inventory reduction of 1.6 million barrels