OPEC's spare capacity would lessen the impact on oil prices of any disruption to Iran's oil supply if the dispute over Tehran's nuclear programme escalates, a Kuwaiti OPEC delegate said ...
NYMEX Light oil prices are currently trading around $70 a barrel Thursday in Asia after surging overnight on signs US gasoline demand may be improving. Benchmark crude futures for November ...
Crude oil prices rose Wednesday after the government reported a surprising decrease in gasoline stockpiles, implying increased demand. US Light crude oil futures for November delivery rose $3.90, or 5.85%, ...
