BG oil discovery will dwarf BP giant find as shares in BG Group soared 2 per cent today after the company announced that its Guara discovery in Brazil contained up ...
The International Energy Agency has repeatedly said under investment in energy could lead to oil price spikes when fuel demand rises, which could knock back nascent economic growth.Speaking at a ...
Signs of peak oil are here and growing louder. Why, in the midst of a global recession, are oil prices hovering in the $70 a barrel range, when $30 odd ...
Light crude oil futures prices ended trading on Tuesday above $71 a barrel after the posting the biggest single day rise since August 19th on a oil buying spree spurred ...
ICE Brent crude oil futures rose above $71 per barrel in trading hours on Tuesday, after six sessions of losses, boosted by a jump in spot gold to a six-month ...
Oil prices bounced back, trading above $70 US on Tuesday, on the eve of a gathering of the latest OPEC meeting and signs the global recession may be easing.Benchmark crude ...
Talisman Energy Inc., the Canadian explorer with reserves in North America, the North Sea and Southeast Asia, said oil prices are in a “reasonable range” and are unlikely to go ...
