October 2009 Archive

Brent crude oil trading around the $67 to $68 range Friday

In London, Brent crude fell $1.88 to $67.31 on the ICE Futures exchange, crude oil prices have hovered around the $65 to $70 for months amid mixed signals about the ...

Light crude oil prices trading lower on US jobs data

Light, sweet crude oil futures prices for November delivery on NYMEX is trading at a session low of $68.86 a barrel and was trading down $1.73 at $69.09 a barrel ...

NYMEX Light oil prices trading lower on US recovery concerns

Light crude oil futures for November delivery dropped as much as 72 cents, or 1 percent, trading lower at $70.10 a barrel in electronic trading on the NYMEX, and was ...

Oil falls to near $70 as oil traders eye US economy

Oil prices fell to near $70 a barrel Friday in Asia as signs of a sluggish US economic recovery discouraged stock and crude futures investors. Benchmark crude for November deliver ...

Major oil companies leaving UK North Sea pickings

A new type of investor is taking over North Sea, UK oil and gas fields owned by major oil companies. These oil companies that dominated the region since the 1960s ...

Exxon Tillerson says OPEC discipline erodes amid oil price rise

OPEC, the source of 40 percent of the world’s oil, has slipped further away from self imposed production limits amid rising crude prices, Exxon Mobil Corp. Chief Executive Officer Rex ...

Oil Prices