Oil prices hit new highs for the year in trading on Wednesday as the US dollar fell to new lows against the Euro, showing how much the weak US currency ...
With oil prices at a one year high, oil companies have dusted off idled rigs and kick-started a global production network that thrives on high energy prices.Some oil executives have ...
Secretary General, Abdalla Salem El-Badri of OPEC said that the cartel will not raise oil production quotas despite the price of oil rising to $77 per barrel.He told reporters in ...
