September 2009 Archive

Brent oil price rises above $65 in Asia after two day plunge

Brent oil price rises above $65, Friday trading in Asia after two day plunge in global oil prices. In London, Brent crude rose 79 cents to $65.61 on the ICE ...

NYMEX light oil price ends Thursday trading at eight week low

US light crude oil futures settled at the lowest level in eight weeks on Thursday as weak home sales suggested a slow economic recovery and added to demand worries following ...

ICE and NYMEX pointers for oil futures trading

World futures prices for NYMEX and ICE crude oil, following the results of the tenders on Thursday, have significantly gone down, the agency reports Ros Business Consulting.According to RBC, the ...

Oil prices slide under $66 Thursday on world economy fears

World oil prices traded lower Thursday as weak US economic data and signs of sluggish energy demand in the US highlighted fears about a tepid recovery from the global recession.New ...

Shell output set to pass BP, $40 billion spent on projects

Royal Dutch Shell Plc, held back by almost seven years of falling production, is set to overtake BP Plc after about $40 billion of investment from Qatar to Brazil.Shell will ...

Iraq on collision course with OPEC or itself?

The Iraqi government has great expectations for its massive, low cost oil resources. By opening the door to international oil companies for the first time since Saddam Hussein's Baathist party ...

Oil Prices