Oil prices rose above $80 a barrel on Wednesday, extending the previous trading session's near 2 percent gain as gold prices hit a record high above $1,090 per ounce and ...
Oil prices leapt up and are trading higher on Wednesday as commodities gained a boost from gold's high, which struck an all time record above 1,080 dollars an ounce in ...
US Light oil price is trading back above $79 a barrel on Wednesday after falling earlier in the day as European equities slid and the US dollar strengthened, traders said.New ...
The IEA will "substantially" downgrade its long term oil demand forecast in its annual 2009 World Energy Outlook forecast next week, the second cut in a row, the Wall Street ...
OPEC member country Venezuela says it will not back an increase in OPEC oil production quotas despite a rise in world crude prices. Oil Minister Rafael Ramirez says that while ...