US Light oil prices edged further, trading well above $78 a barrel on Tuesday, after rising more than 1.5 percent a day ago, as oil traders weighed the impact of ...
The price of oil has risen more than $1 a barrel after strong manufacturing data from the US increased optimism about the global economic recovery. US light crude oil prices ...
The peak oil theory surfaced recently during an event in Santa Barbara in the US. Some people use this theory to argue against continued support for and development of our ...
Industry experts at the annual Oil & Money Conference in London this week challenged the latest IEA forecasts for oil demand growth. The IEA recently increased its prediction for global ...
OPEC oil output fell in October, due to lower output from member countries Nigeria, Saudi Arabia, and Iraq. Iraqi output slipped because of a one week shutdown of Iraq's pipeline ...