Crude oil prices remained in the early 70's on Wednesday as traders took their cue from the weak US currency, hit by a report that Gulf states considered dropping the ...
US Light crude oil prices rose above $71 a barrel Wednesday in Asia as increased optimism about a global economic recovery boosted expectations that crude demand will grow.Benchmark crude for ...
Exxon Mobil Corp. regained its ranking as the world’s most valuable company, overtaking PetroChina Co. after Chinese price controls failed to keep pace with rising crude oil costs, squeezing profits ...
William Cummings of Exxon Mobil tells us, “All the easy oil and gas in the world has pretty much been found. Now comes the harder work in finding and producing ...
Greenhouse gas emissions will drop 3% in 2009 largely because of the worldwide financial crisis, the IEA have said. Three quarters of the reduction has been the result of less ...
OPEC is likely to maintain oil production levels when it meets next in Angola in December and prices may stay near today’s level, Kuwait’s oil minister said.“I don’t expect any ...
