NYMEX light crude oil traded up more than $2 a barrel in New York as sales at US retailers surged in August and Federal Reserve Chairman Ben S. Bernanke said ...
Oil prices were mostly higher on Tuesday as the market digested positive US economic data pointing to recovery in the world's largest energy consumer. New York's main contract, light sweet ...
Higher oil prices have driven the rise in manufacturers' raw material costs to its highest rate in more than a year, pushing up inflation at the factory gate. The data ...
Peak Oil cult membership may wane now that scientists have proved fossil fuels can be created synthetically by replicating the high pressure, high temperature conditions found in the upper mantle ...
A rapid increase in the price of oil could damage hopes of a global economic recovery, but the impact of current levels around $70 a barrel is difficult to judge, ...
Evidence of an impending upturn in the world economy appears to be gathering but recovery will be slow and gradual, OPEC said on Tuesday, as the group left its world ...
Oil company Anadarko with partners Woodside, Repsol, and Tullow, the UK-listed oil company may have established a new oil field that stretches 1,100km along the coast from Ghana to Sierra ...
