What is the ideal oil price? A review of recent economic history yields the observation that when petroleum sells above about $80 a barrel (in inflation-adjusted terms) economies begins to ...
After sliding about 8% last week, light oil prices ticked back near $67 Monday, tracking a rise in equities. NYMEX Light cude oil futures for November delivery rose 82 cents ...
Oil prices held steady, trading around $67 a barrel on Tuesday after climbing more than 1 percent a day ago, boosted by strong equities markets and Iran's missile tests, but ...
A Chinese state owned oil company is in talks with Nigeria to buy large stakes in some of the world’s richest oil blocks in a deal that would eclipse Beijing’s ...