November 2009 Archive

Oil prices steady in Monday trading, eyes on Dubai, Iran, US dollar

Oil prices steadied at $76 a barrel in trading on Monday, as worries about Dubai’s debt crisis and its impact on the world economic recovery returned to haunt investors. Separately, Iran ...

Brent oil price higher in early trading on Monday

Brent crude oil price gained 46 cents to $77.64 on the ICE Futures exchange in early trading on Monday after the United Arab Emirates central bank said it would back ...

Light oil price rises in Asia trading, fears over Dubai debts ease

Light oil prices rebounded to near $77 a barrel in early Asia trading Monday as panic about a global fallout from Dubai’s debt problems ease. Benchmark Light crude oil futues ...

Oil companies cash in for UK stock exchange listings

A group of oil companies is to cash in on rising fuel prices by floating on the UK London Stock Exchange for 2010 in deals that will value them at ...

Dubai debt and their own peak oil status

Dubai debt and their own peak oil status – Dubai has shocked investors by asking for a debt standstill at Dubai World, the government’s flagship holding company that has developed ...

IEA says US emission cuts plan still not enough

US CO2 emissions cuts are a step in the right direction, but more needs to be done by the world’s largest emitter and oil consumer, the chief economist of the ...

2010 OPEC oil output to fall, says Iran?s Khatibi

Demand for OPEC crude oil output in the first quarter of 2010 is expected to fall below current output, the Mehr News Agency quoted a senior Iran official as saying ...

Oil prices end week trading solid on Dubai debt

Oil prices end the week trading on solid ground although concerns that Dubai’s call for a freeze on debt payment by a key state owned company could derail the global ...

Oil price drops to 2 month low, US dollar up on Dubai debt

Crude oil prices fell to their lowest level in nearly to months in trading on Friday as concern over losses stemming from Dubai World’s attempt to reschedule its debt led ...

Brent oil price trading lower on global stock market falls

ICE Brent crude oil price is trading lower on Friday around the $76 dollar mark as a heavy sell off overnight in Asia as nervous stock markets worried about banks’ ...

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