A lot of oil market analysts and other pundits believe that crude prices will continue rising over the next year or so, as even very small increases in industrial demand ...
Oil prices eased in Asian trade Wednesday on profit taking but stayed above $71 a barrel ahead of this week's Group of 20 summit and a US central bank meeting, ...
London's Brent North Sea crude oil prices for November climbed $1.67 to $70.36 a barrel, oil prices bounced after the European single currency spiked to a one year high above ...
There are more than adequate oil reserves that are economic at under $100 per barrel to meet foreseeable requirements, if oil sands and shale oil are included. Maybe it's peak ...
Oil traders could see crude oil prices plunging soon, as the world economy isn’t rebounding strongly enough to dent a huge supply glut. Bloomberg reports that traders are paying more ...
South Korea plans to buy two foreign oil companies by the end of this year, Vice Knowledge Economy Minister Kim Young-hak said on Tuesday.The government is currently beefing up exclusive ...
OPEC does not need to cut output in 2010, according to the latest oil supply and demand estimates, the oil minister of top exporter Saudi Arabia said on Tuesday. Demand ...
