October 2009 Archive

ICE Brent oil price trading around $77 on Tuesday, after 2009 high

ICE Brent crude oil price is currently trading around the $77 to $78 dollar mark on Tuesday afternoon, earlier today Brent prices hit another 2009 year high.The US dollar hit ...

Light oil price heading lower in trading on Tuesday

Light oil price headed lower in trading on Tuesday as a report on US housing starts dented economic confidence and sent the Dow Jones lower.Light, sweet crude for November delivery ...

Oil price trading up at $95 by the end of 2009?

A view on the oil price for the next two months. With OPEC on course to keep oil output levels at the current rate, will crude oil be trading higher ...

Brent crude oil trading around $78 Tuesday, gold price higher

In London, Brent crude oil futures for December delivery rose 31 cents to end Monday trading at $78.08 on the ICE Futures exchange. The gold price also rose closer to ...

Oil prices trading back above $80, weaker US dollar

Oil prices rose to another 2009 high, trading above $80 a barrel Monday evening as the US dollar slipped to a 14 month low against the euro, increasing commodities’ appeal ...

Peak oil – Global Witness’s report, Heads in the Sand

Two years in the preparation, Global Witness's report, Heads in the Sand, accused governments of ignoring the fact that the world could soon start to run short of oil. This ...

Russian oil companies gain at OPEC’s expense

While OPEC members limped through a period of painful production cuts this year, Russian oil companies enjoyed an extraordinary run.The year that has gone by since Russian officials floated, and ...

Oil Prices