September 2009 Archive

Iran tension in the Middle East ends slump for oil

Oil prices rose for the first time in two days Friday as tensions escalated over Iran's nuclear ambitions and Federal Reserve Chairman Ben Bernanke said he continued to support a ...

The dark secrets of the trillion dollar oil trade

With a combined capacity for 313,000 tonnes of oil, the Delta Ios and the NS Burgas supertankers were launched two months ago to criss-cross the globe in search of trade. ...

Saudi’s Naimi sees no change in OPEC output

Saudi Arabian Oil Minister Ali al-Naimi said $75 a barrel was a fair price for oil and he saw no need for OPEC to change production ahead of the group's ...

Oil Prices