October 2009 Archive

Russia overtakes Saudi Arabia as the world’s largest oil producer

Russia's oil production reached 10.01m barrels a day in September, a record, and breaching the 10m b/d mark for the first time. OPEC output cuts mean Russia has temporarily overtaken ...

NYMEX crude futures end trading down on US jobs, recovery worry

US crude oil futures settled more than 1 percent lower on Friday, as doubts over an economic recovery resurfaced after data showed that the US unemployment rate had soared to ...

Oil prices fall as US job losses jump higher

Oil prices ended trading lower on Friday as official data revealed a jump in job losses and the unemployment rate in the US, NYMEX light sweet crude for November delivery ...

Oil Prices