Oil prices steady in Monday trading, eyes on Dubai, Iran, US dollar

Oil prices steadied at $76 a barrel in trading on Monday, as worries about Dubai's debt crisis and its impact on the world economic recovery returned to haunt investors.Separately, Iran ...

Brent oil price higher in early trading on Monday

Brent crude oil price gained 46 cents to $77.64 on the ICE Futures exchange in early trading on Monday after the United Arab Emirates central bank said it would back ...

Light oil price rises in Asia trading, fears over Dubai debts ease

Light oil prices rebounded to near $77 a barrel in early Asia trading Monday as panic about a global fallout from Dubai's debt problems ease. Benchmark Light crude oil futues ...

Oil companies cash in for UK stock exchange listings

A group of oil companies is to cash in on rising fuel prices by floating on the UK London Stock Exchange for 2010 in deals that will value them at ...

Dubai debt and their own peak oil status

Dubai debt and their own peak oil status - Dubai has shocked investors by asking for a debt standstill at Dubai World, the government's flagship holding company that has developed ...

IEA says US emission cuts plan still not enough

US CO2 emissions cuts are a step in the right direction, but more needs to be done by the world's largest emitter and oil consumer, the chief economist of the ...

2010 OPEC oil output to fall, says Iran’s Khatibi

Demand for OPEC crude oil output in the first quarter of 2010 is expected to fall below current output, the Mehr News Agency quoted a senior Iran official as saying ...

Oil prices end week trading solid on Dubai debt

Oil prices end the week trading on solid ground although concerns that Dubai's call for a freeze on debt payment by a key state owned company could derail the global ...

Oil price drops to 2 month low, US dollar up on Dubai debt

Crude oil prices fell to their lowest level in nearly to months in trading on Friday as concern over losses stemming from Dubai World’s attempt to reschedule its debt led ...

Brent oil price trading lower on global stock market falls

ICE Brent crude oil price is trading lower on Friday around the $76 dollar mark as a heavy sell off overnight in Asia as nervous stock markets worried about banks' ...

US Light oil price trading down on Dubai fears

US Light crude oil futures fell below $74 per barrel in Asia trading on Friday, as concerns about the debt crisis in Dubai, the global economic recovery and oil demand.On ...

US oil storage companies witness record capacity demand

US oil storage companies are seeing record demand for their storage facility services, yet, they don’t seem to be making the cut as far as profits from their services are ...

Credit Suisse analyst says oil prices are too high

Alexander Redman, strategist at Credit Suisse says that an oil price at $80 a barrel is inconsistent with supply and demand dynamics, inventory levels and the current macroeconomic environment.“US gasoline ...

Dubai debt fears hit oil prices, global stock markets

Oil prices sank to near $74 a barrel in trading on Friday in Asia as investors curtailed their risky bets on commodities amid uncertainty about stock markets and the global ...

Analysts say no change in oil quotas at December OPEC meeting

OPEC will not change the quotas for oil production at a forthcoming meeting December 22nd, Western analysts believes. "Oil prices are at or above the levels that the cartel believes ...
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