September 2009 Archive

NYMEX light crude prices choppy, edges up on Iran tensions

NYMEX light crude oil futures seesawed near unchanged on Monday, lifted by concerns and tensions about Iran's nuclear row with the West and supported by news that part of the ...

Oil edges above $66 in trading Monday, eyeing dollar and equities

Oil edged above $66 a barrel in trading on Monday, rebounding after an earlier decline which extended last week's 8.4 percent slide, as the dollar lost ground and stock markets ...

IEA sees no robust demand recovery for crude oil just yet

Demand for crude oil has yet to recover substantially from the economic crisis, the head of the IEA said on Monday, but lack of investment could lead to a supply ...

OPEC weekly oil prices drop again

The last weekly average oil prices of OPEC dropped to $66.80 US dollars per barrel, showing a reduction of $1.30 US dollars compared to the previous week, said the Vienna ...

Light crude oil prices trading below $66 in Asia, Monday

Light crude oil prices were trading back below $66 a barrel Monday in Asia as regional stock markets sank and investors eyed a slew of economic data this week that ...

Oil price falls back below $66, fuel demand may stall

Crude oil prices slipped back below $66 a barrel as declines in Asian equities raised concern a recovery in fuel demand may stall. Oil prices fell as Asian stocks traded ...

Oil Prices