Oil prices plummet after Thursday’s spike

Daniel J. GraeberNEW YORK, Sept. 9 (UPI) — A day after a data-driven spike, crude oil prices reversed course in early Friday trading as Russia’s energy minister pushed production talks off the table.

Europe ups energy security ante

Daniel J. GraeberBUDAPEST, Hungary, Sept. 9 (UPI) — European energy leaders in Budapest signed off on grants to help bolster energy diversity schemes they said Friday were already having tangible results.

Payrolls down for shale-rich Texas

Daniel J. GraeberDALLAS, Sept. 8 (UPI) — Manufacturing, an economic backstop in shale-rich Texas, is witnessing a drop in payrolls in an otherwise mixed bag, the Federal Reserve Bank of Dallas said.

Gas prices slide despite market pressures

Daniel J. GraeberWASHINGTON, Sept. 7 (UPI) — Drivers in the United States are seeing the price for retail gasoline slide as area refiners resolve issues and weather threats subside, motor club AAA reports.

Texas energy sector teetering on recovery

Daniel J. GraeberWICHITA FALLS, Texas, Sept. 7 (UPI) — The deep contraction in the Texas oil and gas sector seems to be over, though a full rebound remains elusive, an economist in the state said.

Iran, OPEC confer ahead of Algerian summit

Daniel J. GraeberTEHRAN, Sept. 6 (UPI) — Iran’s oil minister said Tuesday he met in Tehran with the secretary general of OPEC as major oil producers mull the prospects for market intervention.