The US slightly tweaked its forecast higher Tuesday for OPEC crude oil output and surplus production capacity in 2009. Crude oil production from OPEC countries will average 29.02 million barrels ...
BP Capital Management Founder and Chairman T. Boone Pickens said he continues to expect oil prices to spike when the global economy picks up and spurs greater demand for oil.In ...
ICE Brent oil futures price rose toward $70 a barrel on Tuesday trading, helped by a fall in the dollar after a newspaper report that Gulf Arab states were in ...
Benchmark crude oil futures for November delivery was up 60 cents at $71.01 by late afternoon Singapore time in electronic trading on the NYMEX. The Light oil prices futures contract ...
Light oil prices are trading back above $70 a barrel Tuesday in Asia as a jump in global stock markets boosted investor confidence. Benchmark crude for November delivery was up ...
In the most profound financial change in recent Middle East history, Gulf Arabs are planning, along with China, Russia, Japan and France, to end dollar dealings for oil, moving instead ...
