September 2009 Archive

Brent crude oil futures trading down nearly four percent Wednesday close

Brent crude oil futures eased down towards the $67 to $68 a barrel range in trading on Wednesday, weighed by an unexpected increase in US crude inventories. In London, November ...

NYMEX crude futures end Wednesday trading down, oil supplies up

US NYMEX crude futures closed nearly 4 percent lower on Wednesday, clearly stung by data showing unexpectedly large weekly increases in domestic crude oil and refined product supplies."Today's data certainly ...

Crude oil prices fall on new EIA data

Crude oil prices were lower Wednesday after the EIA said in its weekly US inventories report that crude oil, gasoline and distillates supplies were all higher last week. November contracts ...

OPEC oil market report tells quick recovery is unrealistic

With the world economy on the path of recovery, OPEC in its September, 2009, "Monthly Oil Market Report," observes that the rush in equity markets in some part of the ...

Oil industry on hot streak of new discoveries

The oil industry has been on a hot streak this year, thanks to a series of major discoveries that have rekindled a sense of excitement across the petroleum sector, despite ...

Oil Prices