October 2009 Archive

Oil price falls more than 2 percent Wednesday trading

US Light crude oil for December delivery fell $2.09, more than 2 percent, trading down to settle at $77.46 a barrel on the NYMEX at the close on Wednesday, while ...

OPEC members question US dollar oil pricing

OPEC members Venezuela and Iran want oil transactions to use the euro instead of the US dollar. But OPEC general secretary Abdalla Salem El-Badri has expressed skepticism at the proposal."The ...

Oil Prices