October 2009 Archive

Oil prices steady around $70 as gold price sets new record

Crude oil futures popped back over $70 a barrel Thursday as a weaker dollar and rising equities provided new support for oil prices and gold hits a new trading high. ...

Oil price steady as US dollar dips, crude oil supplies lower

Oil prices remain steady in Thursday trading as the US dollar weakened against the euro and a government report showed an unexpected drop in US crude oil supplies, boosting optimism ...

Oil trading just above $70 in Asia as US dollar weakens

US Light oil prices are currently trading just above $70 a barrel Thursday in Asia amid a weakening US dollar and mixed crude inventory data. Benchmark crude for November delivery ...

Era of cheap, easy oil is over, warns study

The world could start to run out of oil in the next ten years, sparking soaring energy prices and a rush for even more polluting fossil fuels, an influential new ...

Algeria oil Minister, no decision yet for OPEC December meeting

There is no consensus yet within OPEC about quota changes at the oil cartel's December meeting, although it's highly unlikely production will be raised, Algeria's top energy official said Wednesday."Nobody knows ...

Oil Prices