November 2009 Archive

Light crude oil price drops $2 in Friday trading on US jobs data

Light crude oil price drops $2 a barrel in Friday trading as US jobs data showed the the amount of Americans out of work climbed 190,000 in the last month, ...

Brent oil price trading up on Friday as global stock markets rise

Brent oil prices rose in early Friday trading as crude oil investors eyed a surge in global stock markets. In London, Brent crude oil futures for December delivery rose 66 ...

Oil prices hover around $80 in Friday Asia trading

Oil prices are currently trading around the $80 mark in Asia on Friday as oil traders fretted over the weak fundamentals of the market, analysts said.New York's main contract, light ...

Iran OPEC governor says risk of oil oversuppply if output rises

Iran's OPEC governor warned on Thursday that any decision to increase oil output may jeopardise a current balance between oil demand and supply. "Now the market is balanced. But any ...

Oil Prices