Light crude oil prices traded lower Monday as the US dollar strengthened after gaining early on a weaker US dollar, showing that currency strength and other economic considerations, rather than ...
Oil prices were trading back below $79 a barrel Tuesday in Asia as investors eyed a volatile US dollar. Benchmark light crude oil futures for December delivery rose 12 cents ...
Floating within a trading range for several weeks, the price of crude oil has recently broken out to a new recovery high. Skeptics can say what they want but it ...
Timor sea oil spill prompts fear of a disaster unfolding as Thailand’s PTT Exploration & Production Pcl delayed a fourth attempt due today to plug an Australian well that may ...
OPEC believes the global oil market is well supplied, in spite of a recent rally in crude oil prices and signs that an economic recovery is starting to gain momentum, ...