October 2009 Archive

Light oil price trading around $81 boosted by weaker US dollar

A falling US dollar helped the US light oil price stay above $80 a barrel in trading Monday as oil traders looked to company earnings and US economic data for ...

A post oil world gets less scifi by the day

Just think back to summer last year when oil prices spiked to $150 a barrel – 10 times the level of a decade earlier. In petrol stations in some European ...

OPEC to raise oil output if price hits $100 US

OPEC ministers will raise oil output to protect the global economic recovery at a meeting in December if oil prices rise to $100 per barrel, the group's president said on ...

Oil prices flat around $80 in early Monday trading

Oil prices fell for the third day to below $80 a barrel in early trading on Monday, as investors continued to take profit from last week's one-year high on renewed ...

Iran sees different OPEC views on oil price

OPEC members have different views about the suitable oil price level, Iran's representative in the producer organisation said on Sunday."There are different opinions by different (OPEC) members about the oil ...

Oil Prices